All buildings
Building
1156 W Devon
1156 W Devon Ave · Edgewater Built 1965 18 units
Ownership
Wholly-owned
Occupancy
88.9%
16 of 18 units occupied
T12 NOI
$188K
Avg rent $1,850 · Cap 6.06%
Valuation
$3.1M
Equity $1.1M · LTV 65%
DSCR
1.21x
Covenant 1.20x · Buffer 1%
T12 NOI
Monthly NOI vs occupancy
Loan
Debt summary
Outstanding
$2,000,000
Rate
5.95%
Maturity
Jan 31, 2031
Months to maturity
58 mo
Annual debt service
$155K
DSCR (covenant 1.20x)
1.21x
Rent Roll
Live unit detail
Sample rent roll only loaded for the demo building (1247 N Damen). AppFolio sync will populate the rest.
Capex
YTD capital projects
$18,000
Standard turnover and unit refresh costs.
Documents
Linked files
Loan agreement
1156 W Devon Loan Agreement 2025.pdf
AI-parsed
Insurance
1156 W Devon Policy 2026.pdf
AI-parsed