ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Property Area:
2
MLS Area Code8046
3
Community Area South Chicago
4
Area Investment Grade C
5
Property InformationProperty AnalysisBRCurrent RentsProforma Rents
6
Gross Annual Operating Income
$50,220.00Unit 1$1,550
7
Asking Price$460,000.00
Gross Annual Operating Expenses
$15,376.00Unit 2$1,550
8
Renovations*Net Operating Income$34,844.00Unit 3$1,550
9
Number of Units3Annual Loan Payments$26,167.62Unit 4
10
Down Payment
25.0%$115,000
DSCR (Debt Service Coverage Ratio)
1.33Unit 5
11
Closing Costs2%$9,200Capitalization Rate7.57%Unit 6
12
Total Initial Investment$124,203.00Monthly Cash Flow $ 723.03 Unit 7
13
Monthly IncomeAnnual Cash Flow$8,676.38Unit 8
14
Rental Income $
Proforma$4,650.00GRM8.2Unit 9
15
Other IncomeExp. Ratio30.62%Unit 10
16
Vacancy Rate10%$465.00
Principle Reduction In First Year
$3,856.15Unit 11
17
Gross Operating Monthly Income$4,185.00Appreciation in First Year$6,900.00Unit 12
18
Monthly Expenses (if applicable)Return on Investment - Year 1$0$4,650
19
Landlord Paid Utilites$240.00
Cash on Cash Return
6.99%
20
HOA DuesPrincipal Reduction10.09%
21
PMIAppreciation12.54%
22
Annual Operating Expenses
Total Return On Investment
15.65%
23
Property Taxes$3,500.001.50%Financial Details
24
Insurance$2,300.000.50%Loan Amount$345,000.00
25
Annual CapEx Budget
6.0%$3,348.00Loan Points0.00%
26
Maintanance Budget
6.0%$3,348.00Amortization30
27
Property Management
0%$0.00Interest Rate6.50%
28
Total Annual Expenses$15,376.00Annual Appreciation Rate1.50%
29
Monthly Expenses
$1,281.33
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100