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Property Area:
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MLS Area Code8040
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Community Area
Washington Park
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Area Investment Grade C
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Property InformationProperty AnalysisBRCurrent RentsProforma Rents
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Gross Annual Operating Income
$62,640.00Unit 1$2,350
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Asking Price$750,000.00
Gross Annual Operating Expenses
$17,099.00Unit 2$2,350
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Renovations*Net Operating Income$45,541.00Unit 3$1,100
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Number of Units3Annual Loan Payments$42,664.59Unit 4
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Down Payment
25.0%$187,500
DSCR (Debt Service Coverage Ratio)
1.07Unit 5
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Closing Costs2%$15,000Capitalization Rate6.07%Unit 6
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Total Initial Investment$202,503.00Monthly Cash Flow $ 239.70 Unit 7
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Monthly IncomeAnnual Cash Flow$2,876.41Unit 8
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Rental Income $
Proforma$5,800.00GRM10.8Unit 9
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Other IncomeExp. Ratio27.30%Unit 10
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Vacancy Rate10%$580.00
Principle Reduction In First Year
$6,287.21Unit 11
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Gross Operating Monthly Income$5,220.00Appreciation in First Year$11,250.00Unit 12
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Monthly Expenses (if applicable)Return on Investment - Year 1$0$5,800
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Landlord Paid Utilites$240.00
Cash on Cash Return
1.42%
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HOA DuesPrincipal Reduction4.53%
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PMIAppreciation6.98%
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Annual Operating Expenses
Total Return On Investment
10.08%
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Property Taxes$2,117.001.50%Financial Details
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Insurance$3,750.000.50%Loan Amount$562,500.00
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Annual CapEx Budget
6.0%$4,176.00Loan Points0.00%
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Maintanance Budget
6.0%$4,176.00Amortization30
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Property Management
0%$0.00Interest Rate6.50%
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Total Annual Expenses$17,099.00Annual Appreciation Rate1.50%
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Monthly Expenses
$1,424.92
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