Property Analysis For: 2120 Bennett
Year123456789101112131415
Revenue
Rental Income13,14013,57414,02214,48414,96215,45615,96616,49317,03717,59918,18018,78019,40020,04020,701
Expenses (Recurring)
Mortgage Payment 7,1177,1177,1177,1177,1177,1177,1177,1177,1177,1177,1177,1177,1177,1177,117
Estimated Annual Property Taxes546562579597615633652672692712734756778802826
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,3358,3728,4098,4488,4888,5298,5728,6158,6608,7068,7548,8038,8548,9068,960
Annual Cash Flows 4,8055,2025,6126,0366,4746,9277,3947,8788,3778,8939,4269,97710,54611,13411,742
Expenses (Periodic)
Vacancy Costs105543561579598618639660681704727751776802828
Maintenance & Repairs01,0181,0521,0861,1221,1591,1971,2371,2781,3201,3641,4091,4551,5031,553
Tenant Placement Credit-54800000000000000
Tenant Placement/Lease Renewal Fees548200200604200200200687200200200783200200200
Total Expenses (Periodic)1051,7611,8122,2691,9211,9772,0362,5842,1592,2242,2912,9422,4312,5052,581
Total Return On Investment
Acquisition Down Payment-32,975000000000000032,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,7003,4413,8003,7674,5534,9495,3585,2946,2186,6697,1357,0358,1158,6309,161
Tax Savings1,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,511-14,101
Principal Paydown0000000000000028,640
Estimated Home Price Appreciation 00000000000000173,206
Total Selling, Holding & Closing Costs00000000000000-30,511
Total Capital In/Out-33,2654,9525,3105,2786,0646,4606,8696,8057,7298,1808,6468,5469,62610,140199,370
Total Return On Investment (IRR)24.29%
Returns are estimated and not guaranteed. Actual investment performance, including IRR, varies and cannot be precisely predicted. Assumptions should be independently assessed. There may be other additional costs.