Multi: S. Sangamon

Value: $365,000
Gross Rent: $4,250
Est ROI: 12.91%

Status Avail. In 120 Days
Rehab Active
Property Type 4 Units
Bed / Bath 10/4
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
$400000
$400000
Purchase Price
$385000
$385000
Initial Equity
$15000
$15000
Down Payment
25%
100%
Amount Financed
$288750
$0
Down Payment Amount
$96250
$385000
Closing Costs & Fees
$11550
$5000
Total Cash Investment
$107800
$390000
Interest Rate (30 yr Fixed)
5%
5%
Debt Service (P&I) Monthly
$1551
$0
Debt Service (P&I) Yearly
$18601
$0
Monthly Rent (GSI)
$4250
$4250
Annual Property Tax
$3500
$3500
Annual Utilities
$3240
$3240
Annual Landscaping
$1920
$1920
Annual Insurance Premium
$1900
$1900
Vacancy Rate (% of GSI)
4%
4%
Maintenance Rate (% of GSI)
5%
5%
Property Mgmt Rate (% of GSI)
8%
8%
Gross Scheduled Income (GSI)
$51000
$51000
Less Vacancy Amount
$2040
$2040
Gross Operating Income (GOI)
$48960
$48960
Annual Operating Expenses
Property Management
$3917
$3917
Annual Property Taxes
$3500
$3500
Annual Utilities
$3240
$3240
Annual Landscaping
$1920
$1920
Annual Insurance Premium
$1900
$1900
Repairs & Maintenance
$2448
$2448
Total Operating Expenses
$16925
$16925
Net Operating Income
$32035
$32035
Less Debt Service
$18601
$0
Before-Tax Cash Flow (BTCF)
$13434
$32035
Cash-On-Cash ROI
12.46%
8.21%