Multi: S. St. Lawrence

Value: $375,000
Gross Rent: $4,300
Est ROI: 14.18%

Status Avail. In 90 Days
Rehab Active
Property Type 4 Units
Bed / Bath 11/4
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
$390000
$390000
Purchase Price
$375000
$375000
Initial Equity
$15000
$15000
Down Payment
25%
100%
Amount Financed
$281250
$0
Down Payment Amount
$93750
$375000
Closing Costs & Fees
$11250
$5000
Total Cash Investment
$105000
$380000
Interest Rate (30 yr Fixed)
5%
5%
Debt Service (P&I) Monthly
$1510
$0
Debt Service (P&I) Yearly
$18118
$0
Monthly Rent (GSI)
$4300
$4300
Annual Property Tax
$3484
$3484
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)
$51600
$51600
Less Vacancy Amount
$2064
$2064
Gross Operating Income (GOI)
$49536
$49536
Annual Operating Expenses
Property Management
$3963
$3963
Annual Property Taxes
$3484
$3484
Annual Utilities
$3240
$3240
Annual Landscaping
$1920
$1920
Annual Insurance Premium
$1900
$1900
Repairs & Maintenance
$2476.8
$2476.8
Total Operating Expenses
$16983.8
$16983.8
Net Operating Income
$32552.2
$32552.2
Less Debt Service
$18118
$0
Before-Tax Cash Flow (BTCF)
$14434.2
$32552.2
Cash-On-Cash ROI
13.75%
8.57%