2250 W Foster PDF

FOR SALE | MIXED-USE
2250 W Foster Avenue

Chicago, IL 60625
For more inofrmation,

please contact:
Kevin Rocio
Real Estate Advisor
312-506-0261
kjrocio@atproperties.com
183301
Constructed in 2009. Six (3 bedrooms/2 bathrooms) Units

plus two (Commercial Office Spaces)with six parking
spaces.
Building features latest High Tech Green Friendly Elevator.
Minutes away from CTA Brown Line, Metra, Lincoln Square,

Andersonville; shopping & restuarants.
Kitchens features granite countertops, island bars, and

stainless steel appliances.
Master Bedrooms with Ensuite master bathrooms featuring

separate steam showers and body sprayers PLUS air-jet
tubs.
212 E. Ohio St.

Chicago, IL 60611
www.atcommercial.com
All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof
and it is submitted subject to errors, omissions, changes, or withdrawal without notice.
Table of Contents
Real Estate Investment Details .....................................................................................
Property Description ....................................................................................................
Property Photos .............................................................................................................
Executive Summary ......................................................................................................
Pro Forma Summary ....................................................................................................
Resale Report ..................................................................................................................
Internal Rate of Return Analysis ..................................................................................
10
Cash Flow Analysis ......................................................................................................
11
Unit Rent Roll ..................................................................................................................
12
Unit Mix Report ...............................................................................................................
13
Financial Indicators ......................................................................................................
14
Loan Analysis .................................................................................................................
15
Investment Return Analysis ..........................................................................................
16
Recent Sales Comparables ............................................................................................
17
Rent Comparables .........................................................................................................
20
Pre-Approved Loan Terms ............................................................................
Attachment
Recently sold condos in area ......................................................................
Attachment
Real Estate Investment Details
ANALYSIS
Analysis Date:
March 2013
PROPERTY
Property:
Property Address:
Year Built:
FOR SALE | Mixed-Use

Chicago, IL 60625
2009
PURCHASE INFORMATION
Property Type:
Purchase Price:
Fair Market Value:
Units:
Total Rentable Sq. Ft.:
Resale Valuation
Resale Expenses:
FINANCIAL INFORMATION
MultiFamily
$1,950,000
$2,150,000
8
13,168
5.0% (annual appreciation)
6.0%
Down Payment:
Closing Costs:
$450,000
$4,500
LOANS
Fixed
Debt
$1,500,000
Term
30 years
Amortization
30 years
INCOME & EXPENSES

Gross Operating Income:
Monthly GOI:
Total Annual Expenses:
Monthly Expenses:
Rate
4.0%
Payment
$7,161
LO Costs
$7,500
CONTACT INFORMATION
$169,518
$14,127
($27,491)
($2,291)
Kevin Rocio
312-506-0261
kjrocio@atproperties.com
183301
The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projections
and analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax or
other professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting,
tax or other professional area before making any decisions.
page 3 of 23
Property Description

Chicago, IL 60625
Kevin Rocio
312-506-0261
Contemporary Mixed-Use Building

Building constructed in 2009.
Featuring
contemporary styling with radius steel front
balconies. Green friendly high tech elevator and
the green friendly expanding foam insulation.
Unit mix consisting of
six 3 bedrooms 2
bathroom units plus two commercial office /
business spaces.
Minutes away from CTA Brown Line, Metra,
Lincoln Square & Andersonville shopping &
restaurants.
All apartment units have front balconies and large rear decks. Living rooms have vented gas
fireplaces. Hardwood floors throughout. Kitchens feature granite countertops, island bars, and
stainless steel appliances. Pella windows and exterior doors with between glass blind options.
Master bedrooms with end-suite marble tile bathrooms featuring air jet soaking tubs and separate
steam showers with temperature controlled body sprayers.
The two top floor units have volume ceilings and unobstructed south views.
There are 6 Outdoor Parking Spaces for the apartment units Two of the spaces can be tandem
parking for 2 cars.
page 4 of 23
Property Photos

Chicago, IL 60625
Kevin Rocio
312-506-0261
Beautiful, Elegant, & Spacious!

Condo Features | Apartment Living!
Living Room
Kitchen
Master Bedroom
Master Bathroom w/Seperate Shower
Front Balcony
Rear Deck
page 5 of 23
Executive Summary

Chicago, IL 60625
Kevin Rocio
312-506-0261
ACQUISITION COSTS
Purchase Price, Points and Closing Costs
Investment - Cash
First Loan
$1,962,000
$462,000
$1,500,000
INVESTMENT INFORMATION
Purchase Price
Price per Unit
Price per Sq. Ft.
Income per Unit
Expenses per Unit
$1,950,000
$243,750
$148.09
$22,305
($3,436)
INCOME, EXPENSES & CASH FLOW

Gross Scheduled Income
Total Vacancy and Credits
Operating Expenses
Net Operating Income
Debt Service
Cash Flow Before Taxes
$178,440
($8,922)
($27,491)
$142,027
($85,935)
$56,092
FINANCIAL INDICATORS
Cash on Cash Return Before Taxes
12.14%
Debt Coverage Ratio

Capitalization Rate
Gross Rent Multiplier
Gross Income / Square Feet
Gross Expenses / Square Feet
Operating Expense Ratio
1.65
7.28%
10.93
$13.55
($2.09)
16.22%
page 6 of 23
Pro Forma Summary

Chicago, IL 60625
Kevin Rocio
312-506-0261
INCOME
Actual
Gross Potential Rent
Less: Vacancy
Misc. Income
Effective Gross Income
Per Unit
Pro Forma
Per Unit
$178,440
$22,305
$210,600
$26,325
($8,922)
($1,115)
($6,318)
($790)
$0
$0
$7,356
$920
$169,518
$21,190
$211,638
$26,455
Per Unit
Pro Forma
Per Unit
OPERATING EXPENSES
Actual
Property Management Fee
$0
$0
$10,003
$1,250
$3,118
$390
$3,118
$390
$400
$50
$400
$50
$21,154
$2,644
$21,154
$2,644
$1,140
$143
$1,140
$143
Utility - Electricity
$996
$125
$996
$125
Utility - Water
$683
$85
$683
$85
Total Expenses
($27,491)
($3,436)
($37,494)
($4,687)
$142,027
$17,753
$174,143
$21,768
Building Insurance
Maintenance (Elevator Contract)
Taxes - Real Estate
Trash Removal
page 7 of 23
Pro Forma Summary

Chicago, IL 60625
Kevin Rocio
312-506-0261
UNIT MIX & ANNUAL SCHEDULED INCOME

Type
Units
Actual
Total Pro Forma
Total
Office
$13,800
$27,600
$19,500
$39,000
Three/Two
$25,140
$150,840
$28,600
$171,600
TOTALS
$178,440
$210,600
ANNUALIZED INCOME
Actual
INVESTMENT SUMMARY
Price:
Year Built:
Units:
Price/Unit:
RSF:
$1,950,000
2009
8
$243,750
13,168
Price/RSF:
$148.09
Lot Size:
6,250 sf
Floors:
APN:
Two PIN's
7.28%
Pro Forma Cap Rate:
8.93%
Pro Forma GRM:
10.9
8.9
FINANCING SUMMARY
Loan Amount:
Down Payment:
Loan Type:
Interest Rate:
Term:
Monthly Payment:
DCR:
Pro Forma
$178,440
$210,600
($8,922)
$0
$169,518
($27,491)
$142,027
($85,935)
$56,092
$26,416
$82,508
($6,318)
$7,356
$211,638
($37,494)
$174,143
($85,935)
$88,209
$26,416
$114,624
Cap Rate:
GRM:
Gross Potential Rent

Less: Vacancy
Misc. Income
Effective Gross Income
Less: Expenses
Debt Service
Net Cash Flow after Debt Service
Principal Reduction
Total Return
$1,500,000
ANNUALIZED EXPENSES
Actual
Pro Forma
Property Management Fee

Building Insurance
Maintenance (Elevator Contract)
Taxes - Real Estate
Trash Removal
Utility - Electricity
Utility - Water
$0
$3,118
$400
$21,154
$1,140
$996
$683
$10,003
$3,118
$400
$21,154
$1,140
$996
$683
Total Expenses
Expenses Per RSF
Expenses Per Unit
$27,491
$2.09
$3,436
$37,494
$2.85
$4,687
$450,000
Fixed
4%
30 years
$7,161
1.65
page 8 of 23
Resale Report

Chicago, IL 60625
Kevin Rocio
312-506-0261
NET PROCEEDS FROM SALE

Adjusted Basis
Basis At Acquisition
-Depreciation
Adjusted Basis at Sale
$1,954,500
$704,721
$1,249,779
Capital Gain
Sale Price
$3,502,123
-Sale Expenses
($210,127)
-Adjusted Basis at Sale
$1,249,779
Gain or (Loss)
$2,042,217
-Depreciation (limited to gain)
$704,721
Capital Gain from Appreciation
$1,337,496
Sales Proceeds After Tax

Sale Price
-Sale Expenses
-Mortgage Balance
Sale Proceeds Before Tax
-Tax On Depreciation
$3,502,123
$210,127
$1,181,759
$2,110,237
$176,180
-Tax On Capital Gain

Sale Proceeds After Tax
$1,934,056
page 9 of 23
Internal Rate of Return Analysis

Chicago, IL 60625
Kevin Rocio
312-506-0261
BEFORE TAX IRR

Time
Future Cash Flows
Initial Investment
($462,000)
End of Year 1
$56,092
End of Year 2
$63,743
End of Year 3
$71,794
End of Year 4
$80,263
End of Year 5
$89,174
End of Year 6
$98,548
End of Year 7
$108,410
End of Year 8
$118,784
End of Year 9
$129,696
End of Year 10*
IRR = 26.89%
$2,251,410
* ($141,174 + $2,110,237)
AFTER TAX IRR

Time
Future Cash Flows
Initial Investment
($462,000)
End of Year 1
$56,092
End of Year 2
$63,743
End of Year 3
$71,794
End of Year 4
$80,263
End of Year 5
$89,174
End of Year 6
$98,548
End of Year 7
$108,410
End of Year 8
$118,784
End of Year 9
$129,696
End of Year 10*
IRR = 26.21%
$2,075,230
* ($141,174 + $1,934,056)
page 10 of 23
Cash Flow Analysis

Chicago, IL 60625
Description
GROSS SCHEDULED INCOME

Turnover Vacancy
Total Operating Expenses
NET OPERATING INCOME
Loan Payment
NET CASH FLOW (b/t)
Cash On Cash Return b/t
Kevin Rocio
312-506-0261
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
$178,440
$187,362
$196,730
$206,567
$216,895
$227,740
$239,127
$251,083
$263,637
$276,819
($8,922)
($9,368)
($9,837)
($10,328)
($10,845)
($11,387)
($11,956)
($12,554)
($13,182)
($13,841)
($27,491)
($28,316)
($29,165)
($30,040)
($30,941)
($31,870)
($32,826)
($33,810)
($34,825)
($35,870)
$142,027
$149,678
$157,728
$166,198
$175,109
$184,483
$194,345
$204,718
$215,631
$227,109
($85,935)
($85,935)
($85,935)
($85,935)
($85,935)
($85,935)
($85,935)
($85,935)
($85,935)
($85,935)
$56,092
$63,743
$71,794
$80,263
$89,174
$98,548
$108,410
$118,784
$129,696
$141,174
12.14%
13.80%
15.54%
17.37%
19.30%
21.33%
23.47%
25.71%
28.07%
30.56%
Footnotes: b/t = before taxes;a/t = after taxes
page 11 of 23
Unit Rent Roll

Chicago, IL 60625
Unit
Description
Kevin Rocio
312-506-0261
Approx. Sq. Ft.
Current Rent Pro Forma Rent
2250-1E
Office
1,650
$1,300
$1,625
2250-2E
Three/Two
1,600
$1,870
$2,350
2250-3E
Three/Two
1,600
$2,350
$2,350
2250-4E
Three/Two
1,600
$2,300
$2,450
2250-1W
Office
1,650
$1,000
$1,625
2250-2W
Three/Two
1,600
$1,875
$2,350
2250-3W
Three/Two
1,600
$1,875
$2,350
2250-4W
Three/Two
1,600
$2,300
$2,450
page 12 of 23
Comments
Unit Mix Report

Chicago, IL 60625
Kevin Rocio
312-506-0261
UNIT MIXES
Units
Type
2
6
8
Approx. SqFt Avg. Rents
Office
Three/Two
1650
1600
12,900
$1,150
$2,095
UNIT MIX
Monthly
$2,300
$12,570
$14,870
Mkt Rents
Monthly
$1,625
$2,383
UNIT MIX SQUARE FEET

Office
Three/Two
Office
Three/Two
UNIT MIX INCOME
UNIT MIX MARKET INCOME

Office
Three/Two
Office
Three/Two
page 13 of 23
$3,250
$14,300
$17,550
Financial Indicators

Chicago, IL 60625
Description
Kevin Rocio
312-506-0261
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
12.65
12.65
12.65
12.65
12.65
12.65
12.65
12.65
12.65
12.65
7.28%
7.68%
8.09%
8.52%
8.98%
9.46%
9.97%
10.50%
11.06%
11.65%
Cash On Cash Return b/t
12.14%
13.80%
15.54%
17.37%
19.30%
21.33%
23.47%
25.71%
28.07%
30.56%
Cash On Cash Return a/t
12.14%
13.80%
15.54%
17.37%
19.30%
21.33%
23.47%
25.71%
28.07%
30.56%
1.65
1.74
1.84
1.93
2.04
2.15
2.26
2.38
2.51
2.64
Gross Income per Sq. Ft.
$13.55
$14.23
$14.94
$15.69
$16.47
$17.29
$18.16
$19.07
$20.02
$21.02
Expenses per Sq. Ft.
($2.09)
($2.15)
($2.21)
($2.28)
($2.35)
($2.42)
($2.49)
($2.57)
($2.64)
($2.72)
15.89
15.84
15.78
15.72
15.67
15.62
15.57
15.52
15.47
15.42
Operating Expense Ratio
16.22%
15.91%
15.61%
15.31%
15.02%
14.73%
14.45%
14.17%
13.90%
13.64%
Loan To Value Ratio
65.28%
61.01%
56.95%
53.10%
49.44%
45.97%
42.67%
39.54%
36.57%
33.74%

Capitalization Rate
Debt Coverage Ratio
Net Income Multiplier
Footnotes: b/t = before taxes; a/t = after taxes
page 14 of 23
Loan Analysis

Chicago, IL 60625
Description
LOAN 1
Debt Service Analysis
Principal Payments
Interest Payments
Total Debt Service
Principal Balance Analysis
Beginning Principal Balance
Principal Reductions
Ending Principal Balance
Kevin Rocio
312-506-0261
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
$26,416
$27,492
$28,612
$29,778
$30,991
$32,253
$33,567
$34,935
$36,358
$37,840
$59,519
$58,443
$57,323
$56,157
$54,944
$53,681
$52,367
$51,000
$49,577
$48,095
$85,935
$85,935
$85,935
$85,935
$85,935
$85,935
$85,935
$85,935
$85,935
$85,935
$1,500,000
$1,473,584
$1,446,093
$1,417,481
$1,387,703
$1,356,713
$1,324,459
$1,290,892
$1,255,957
$1,219,599
$26,416
$27,492
$28,612
$29,778
$30,991
$32,253
$33,567
$34,935
$36,358
$37,840
$1,473,584
$1,446,093
$1,417,481
$1,387,703
$1,356,713
$1,324,459
$1,290,892
$1,255,957
$1,219,599
$1,181,759
page 15 of 23
Investment Return Analysis

Chicago, IL 60625
Description
Kevin Rocio
312-506-0261
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Cash Flow - To Date
$56,092
$119,836
$191,629
$271,893
$361,067
$459,615
$568,025
$686,809
$816,504
$957,678
Net Resale Proceeds
$631,442
$747,270
$869,523
$998,512
$1,134,563
$1,278,018
$1,429,236
$1,588,592
$1,756,480
$1,934,056
($462,000)
($462,000)
($462,000)
($462,000)
($462,000)
($462,000)
($462,000)
($462,000)
($462,000)
($462,000)
$225,534
$405,105
$599,152
$808,405
$1,033,630
$1,275,633
$1,535,261
$1,813,400
$2,110,985
$2,429,734
Internal Rate of Return
48.82%
38.70%
34.69%
32.30%
30.62%
29.34%
28.33%
27.50%
26.80%
26.21%
Modified IRR
48.82%
37.00%
31.94%
28.77%
26.48%
24.71%
23.26%
22.05%
21.02%
20.13%
$225,534
$405,105
$599,152
$808,405
$1,033,630
$1,275,633
$1,535,261
$1,813,400
$2,110,985
$2,429,734
$2,264,077
$2,519,858
$2,788,994
$3,072,170
$3,370,106
$3,683,557
$4,013,318
$4,360,224
$4,725,151
$5,109,022
Invested Capital
Net Return on Investment
NPV (cash flow + reversion)

PV (NOI + reversion)
Footnotes: a/t = after taxes; Modified IRR = Modified Internal Rate of Return; PV = Present Value; NPV = Net Present Value; NOI = Net Operating Income
Reversion = Amount received from the resale; Net Return on Investment = Cash Flow (a/t To Date) + Net Proceeds from Resale - Invested Capital.
page 16 of 23
Recent Sales Comparables

Chicago, IL 60625
Kevin Rocio
312-506-0261
Cap Rate
8%
16.0
Avg.
7%
14.0
6.91
6%
12.0
5%
10.0
4%
8.0
3%
6.0
2%
4.0
1%
2.0
Avg.
9.99
Subject
Subject
Price per Unit
Price per Sq. Ft.
$248,000
$160
Avg.
$217,000
$140
$216,667
Avg.
$186,000
$120
$155,000
$100
$124,000
$80
$93,000
$60
$62,000
$40
$31,000
$20
Subject
$123.10
Subject
page 17 of 23

Chicago, IL 60625
S
Sale Date 3/30/2012
Kevin Rocio
312-506-0261

Chicago, IL 60625
Sale Price
$1,950,000
# Units
Unit Type
Units
Office
Price/Unit
$243,750
Three/Two
Price/SqFt
$148.09
Cap Rate
7.28%
Year Built
2009
GRM
10.93
3300 W Lawrence Ave

Chicago, IL 60625
Sale Price
$1,350,000
# Units
Unit Type
Units
Two Bedroom Two Bath
Price/Unit
$225,000
Three Bedroom Two Bath
Price/SqFt
$93.24
Cap Rate
N/A
Year Built
2012
GRM
N/A
NOTES
REO Sale. 100% Vacant at time of sale.
Sale Date 7/11/2012
905 W Lawrence Ave

Chicago, IL 60640
Sale Price
$1,250,000
# Units
Unit Type
Units
Price/Unit
$208,333
Three Bedroom Three Bath
Price/SqFt
$152.96
Cap Rate
6.91%
Year Built
2000
GRM
9.99
page 18 of 23

Chicago, IL 60625
Kevin Rocio
312-506-0261
2250 W Foster Avenue, Chicago, IL 60625 ($1,950,000)
3300 W Lawrence Ave, Chicago, IL 60625 ($1,350,000)
905 W Lawrence Ave, Chicago, IL 60640 ($1,250,000)
page 19 of 23
Rent Comparables Charts

Chicago, IL 60625
Kevin Rocio
312-506-0261
Occupancy
Avg.
100%
100.0
90%
80%
70%
60%
50%
40%
30%
20%
10%
Subject
Average Rent per Unit Type

$2,400
$2,350
$2,160
$1,920
$1,850
$1,680
$1,440
$1,200
$960
$720
$480
$240
page 20 of 23
Rent Comparables

Chicago, IL 60625
S
Kevin Rocio
312-506-0261

Chicago, IL 60625
Avg Rent/rsf
$13.55
# Units
Unit Type
Rent
RSF
13,168
Office
$1,150
Occupancy
100%
Three/Two
$2,095
Units
Year Built
2009
# Units
Unit Type
Rent
$1,850
Unit Type
Rent
$2,200
5321 N Lincoln Ave #3C

Chicago, IL 60625
Avg Rent/rsf
$0.00
RSF
N/A
Occupancy
100%
Units
N/A
Year Built
2005
NOTES
2BR/2BA. 2 parking spots (1 garage/1 outdoor). 2 decks. Unit does not face Lincoln.
2000 W Berwyn Ave #303

Chicago, IL 60625
Avg Rent/rsf
$0.00
RSF
N/A
Occupancy
100%
Units
N/A
Year Built
2007
NOTES
3BR/2BA. 2 parking spots (1 garage/1 outdoor). 2 Balconies. End Unit.
page 21 of 23
# Units
Rent Comparables

Chicago, IL 60625
3
Kevin Rocio
312-506-0261
2000 W Berwyn Ave #201

Chicago, IL 60625
Avg Rent/rsf
$0.00
RSF
N/A
Occupancy
100%
Units
N/A
Year Built
N/A
NOTES
3BR/2BA. 2 parking spots (1 garage/1 outdoor). 2 Balconies.
page 22 of 23
# Units
Unit Type
Rent
$2,500
Rent Comparables

Chicago, IL 60625
Kevin Rocio
312-506-0261
2250 W Foster Avenue Chicago, IL 60625
5321 N Lincoln Ave #3C Chicago, IL 60625
2000 W Berwyn Ave #303 Chicago, IL 60625
2000 W Berwyn Ave #201 Chicago, IL 60625
page 23 of 23

Chicago, IL 60625
Pre-Approved Loan Terms

Chicago, IL 60625
Kevin Rocio
312-506-0261
Pre-Approved Loan Terms*

Financing Pre-Approval
for property located at:
Type
2250 W. Foster Ave., Chicago, IL 60625

5-Year Fixed
7-Year Fixed
10 Year Fixed
Loan amount
$1,500,000
$1,500,000
$1,500,000
Amortization
30 -year
30 -year
30-year
3.75%
3.95%
4.50%
Yield Maintenance
Yield Maintenance
Yield Maintenance
0.50%
0.50%
0.50%
$4,500.00
$4,500.00
$4,500.00
Recourse
None
None
None
Escrows
Taxes & Insurance
Taxes & Insurance
Taxes & Insurance
$6,947
$7,118
$7,600
55-65 days
55-65 days
55-65 days
Fixed Rate (66%-80% LTV)

Pre-payment
Total Origination Fee
Third party costs
Monthly P &I
Estimated Closing Cycle
Type
Personal Credit Score
Personal Liquidity
Experience
Net Worth
Borrower Requirements
Requirements
680+
9 + months of P& I
3 + years management experience
Greater or equal to loan amount
*- Longer terms and shorter amortization schedules available upon request. All loan program
terms and conditions are subject to change without notice. All loans are subject to credit review
and approval. Other restrictions and limitations may apply.
325 W. Huron St., Unit 412, Chicago, IL 60654

Phone: 312-283-5333 Fax: 312-264-0162
WWW.AMSTCAP.COM
Rates Quoted as of: 2/7/2013

Chicago, IL 60625
Recently sold condos in area

Chicago, IL 60625
Kevin Rocio
312-506-0261

Chicago, IL 60625
Kevin Rocio
312-506-0261

Chicago, IL 60625
Kevin Rocio
312-506-0261

Chicago, IL 60625
Kevin Rocio
312-506-0261

Chicago, IL 60625
Kevin Rocio
312-506-0261

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FOR SALE | MIXED-USE

2250 W Foster Avenue

For more inofrmation,

Constructed in 2009. Six (3 bedrooms/2 bathrooms) Units

Building features latest High Tech Green Friendly Elevator.

Minutes away from CTA Brown Line, Metra, Lincoln Square,

Kitchens features granite countertops, island bars, and

Master Bedrooms with Ensuite master bathrooms featuring

212 E. Ohio St.

Real Estate Investment Details .....................................................................................

Property Description ....................................................................................................

Property Photos .............................................................................................................

Executive Summary ......................................................................................................

Pro Forma Summary ....................................................................................................

Resale Report ..................................................................................................................

Internal Rate of Return Analysis ..................................................................................

Cash Flow Analysis ......................................................................................................

Unit Rent Roll ..................................................................................................................

Unit Mix Report ...............................................................................................................

Financial Indicators ......................................................................................................

Loan Analysis .................................................................................................................

Investment Return Analysis ..........................................................................................

Recent Sales Comparables ............................................................................................

Rent Comparables .........................................................................................................

Pre-Approved Loan Terms ............................................................................

Recently sold condos in area ......................................................................

Real Estate Investment Details

FOR SALE | Mixed-Use

INCOME & EXPENSES

FOR SALE | Mixed-Use

2250 W Foster Avenue

Contemporary Mixed-Use Building

FOR SALE | Mixed-Use

Beautiful, Elegant, & Spacious!

Master Bathroom w/Seperate Shower

FOR SALE | Mixed-Use

2250 W Foster Avenue

INCOME, EXPENSES & CASH FLOW

Debt Coverage Ratio

Pro Forma Summary

FOR SALE | Mixed-Use

Effective Gross Income

Net Operating Income

Pro Forma Summary

FOR SALE | Mixed-Use

UNIT MIX & ANNUAL SCHEDULED INCOME

Total Pro Forma

Pro Forma Cap Rate:

Pro Forma GRM:

Gross Potential Rent

Property Management Fee

FOR SALE | Mixed-Use

2250 W Foster Avenue

NET PROCEEDS FROM SALE

-Adjusted Basis at Sale

-Depreciation (limited to gain)

Capital Gain from Appreciation