Deal Analysis for a Chicago multi family property (6 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 6th day :)

Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20% downpayment.

A few notes on the my calculation:

 I included closing cost as 3% of the asking price.

 I averaged out the closing cost to 30 years so that I can estimate a constant cash-on-cash return, which helps me modify my offers.

I estimated taxes and insurance based on MLS, and I marked up each cost a bit to count for uncertainty.

The detailed analysis can be found here: https://bit.ly/3c42OFL

Thank ahead for reviewing!