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!

[Tim Herman]

@Marshall Shen I don't know where you are getting your garbage rates. I googled it and it depends on the size of the container. If you put 4 of the smaller size for the units it will be a $100 per month. GIGO. Garbage in garbage out. Might want to verify your numbers before you analyse a property.