Multi: E. 69th

Value: $170,000
Gross Rent: $2,100
Est ROI: 14.91%

Status Under Construction
Rehab Rehab Ongoing
Property Type 2 Unit
Beds / Baths 5 / 2
Exterior Frame

Please contact us with questions regarding this property at (312) 690-7711 or email sales@eliteinvest.com

rental Performa calculator

Finance
Cash
Market or Appraised Value
$185000
$185000
Purchase Price
$170000
$170000
Initial Equity
$15000
$15000
Down Payment
25%
100%
Amount Financed
$127500
$0
Down Payment Amount
$42500
$170000
Closing Costs & Fees
$5100
$5100
Total Cash Investment
$47600
$175100
Interest Rate (30 yr Fixed)
4.50%
4.50%
Debt Service (P&I) Monthly
$647
$0
Debt Service (P&I) Yearly
$7753
$0
Monthly Rent (GSI)
$2100
$2100
Annual Property Tax
$2217
$2217
Annual Utilities
$1620
$1620
Annual Landscaping
$960
$960
Annual Insurance Premium
$1300
$1300
Vacancy Rate (% of GSI)
4%
4%
Maintenance Rate (% of GSI)
5%
5%
Property Mgmt Rate (% of GSI)
8%
8%
Gross Scheduled Income (GSI)
$25200
$25200
Less Vacancy Amount
$1008
$1008
Gross Operating Income (GOI)
$24192
$24192
Annual Operating Expenses
Property Management
$1936
$1936
Annual Property Taxes
$2217
$2217
Annual Utilities
$1620
$1620
Annual Landscaping
$960
$960
Annual Insurance Premium
$1300
$1300
Repairs & Maintenance
$1209.6
$1209.6
Total Operating Expenses
$9242.6
$9242.6
Net Operating Income
$14949.4
$14949.4
Less Debt Service
$7753
$0
Before-Tax Cash Flow (BTCF)
$7196.4
$14949.4
Cash-On-Cash ROI
15.12%
8.54%