Multi: S. Dobson

Value: $290,000
Gross Rent: $3,450
Est ROI: 13.65%

Status Available Now
Rehab Complete
Property Type 3 Units
Bed / Bath 9/3
Exterior Brick

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
$305000
$305000
Purchase Price
$290000
$290000
Initial Equity
$15000
$15000
Down Payment
25%
100%
Amount Financed
$217500
$0
Down Payment Amount
$72500
$290000
Closing Costs & Fees
$8700
$4250
Total Cash Investment
$81200
$294250
Interest Rate (30 yr Fixed)
4.25%
4.25%
Debt Service (P&I) Monthly
$1070
$0
Debt Service (P&I) Yearly
$12840
$0
Monthly Rent (GSI)
$3450
$3450
Annual Property Tax
$4140
$4140
Annual Utilities
$2820
$2820
Annual Landscaping
$1440
$1440
Annual Insurance Premium
$1700
$1700
Vacancy Rate (% of GSI)
4%
4%
Maintenance Rate (% of GSI)
5%
5%
Property Mgmt Rate (% of GSI)
8%
8%
Gross Scheduled Income (GSI)
$41400
$41400
Less Vacancy Amount
$1656
$1656
Gross Operating Income (GOI)
$39744
$39744
Annual Operating Expenses
Property Management
$3180
$3180
Annual Property Taxes
$4140
$4140
Annual Utilities
$2820
$2820
Annual Landscaping
$1440
$1440
Annual Insurance Premium
$1700
$1700
Repairs & Maintenance
$1987.2
$1987.2
Total Operating Expenses
$15267.2
$15267.2
Net Operating Income
$24476.8
$24476.8
Less Debt Service
$12840
$0
Before-Tax Cash Flow (BTCF)
$11636.8
$24476.8
Cash-On-Cash ROI
14.33%
8.32%