Deal Analysis for a Chicago multi family property (5 of 30)

[Marshall Shen]

Hi there,

I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 5th day :)

Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20% downpayment. Note that I included closing cost as 3% of the asking price.

Can someone help review my analysis and provide any feedback?

The detailed analysis can be found here: https://bit.ly/2xX89A5

Thanks so much!