1747 N Spaulding Ave, Chicago, IL 60647

	B	C	D	E	F	G	H	I	J	K	L
1					Property Area:
2					MLS Area Code	8023
3					Community Area	Humboldt Park
4					Area Investment Grade	B
5	Property Information				Property Analysis		BR	Current Rents		Proforma Rents
6					Gross Annual Operating Income	$80,742.60		Unit 1	$1,995
7	Asking Price		$925,000.00		Gross Annual Operating Expenses	$19,645.30		Unit 2	$2,545
8	Renovations*				Net Operating Income	$61,097.30		Unit 3	$2,695
9	Number of Units		3		Annual Loan Payments	$52,619.66		Unit 4
10	Down Payment	25.0%	$231,250		DSCR (Debt Service Coverage Ratio)	1.16		Unit 5
11	Closing Costs	2%	$18,500		Capitalization Rate	6.61%		Unit 6
12	Total Initial Investment		$249,753.00		Monthly Cash Flow	$ 706.47		Unit 7
13	Monthly Income				Annual Cash Flow	$8,477.64		Unit 8
14	Rental Income $	Current	$7,235.00		GRM	10.7		Unit 9
15	Other Income				Exp. Ratio	24.33%		Unit 10
16	Vacancy Rate	7%	$506.45		Principle Reduction In First Year	$7,754.22		Unit 11
17	Gross Operating Monthly Income		$6,728.55		Appreciation in First Year	$27,750.00		Unit 12
18	Monthly Expenses (if applicable)				Return on Investment - Year 1				$7,235		$0
19	Landlord Paid Utilites		$240.00		Cash on Cash Return	3.39%			0.09764613043		#DIV/0!
20	HOA Dues		$ -		Principal Reduction	6.50%
21	PMI				Appreciation	14.51%
22	Annual Operating Expenses				Total Return On Investment	17.61%
23	Property Taxes		$5,714.00	1.50%	Financial Details
24	Insurance		$3,237.50	0.35%	Loan Amount	$693,750.00
25	Annual CapEx Budget	4.5%	$3,906.90		Loan Points	0.00%
26	Maintanance Budget	4.5%	$3,906.90		Amortization	30
27	Property Management	0%	$0.00		Interest Rate	6.50%
28	Total Annual Expenses		$19,645.30		Annual Appreciation Rate	3.00%
29	Monthly Expenses		$1,637.11
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