Building

5818 N Kenmore

5818 N Kenmore Ave · Edgewater Built 1968 40 units

Ownership

Syndicated

Occupancy

92.5%

37 of 40 units occupied

T12 NOI

$425K

Avg rent $1,880 · Cap 5.99%

Valuation

$7.1M

Equity $2.5M · LTV 65%

DSCR

1.18x

Covenant

Below 1.20x covenant

T12 NOI

Monthly NOI vs occupancy

Loan

Debt summary

Outstanding

$4,600,000

Rate

7.25%

Maturity

Mar 31, 2028

Months to maturity

23 mo

Annual debt service

$360K

DSCR (covenant 1.20x)

1.18x

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

$132,000

Includes flagged plumbing escalation. AI suggests opening capex project.

Documents

Linked files

Loan agreement

5818 N Kenmore Loan Agreement 2025.pdf

AI-parsed

Insurance

5818 N Kenmore Policy 2026.pdf

AI-parsed

PPM

5818 N Kenmore Operating Agreement.pdf

AI-parsed