Property Analysis For: 104 Spruce St
Year123456789101112131415
Revenue
Rental Income20,34021,01121,70522,42123,16123,92524,71525,53026,37327,24328,14229,07130,03031,02132,045
Expenses (Recurring)
Mortgage Payment 12,52312,52312,52312,52312,52312,52312,52312,52312,52312,52312,52312,52312,52312,52312,523
Estimated Annual Property Taxes2,0052,0652,1272,1912,2572,3242,3942,4662,5402,6162,6952,7752,8592,9443,033
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)15,20015,28015,36315,44815,53615,62615,71915,81515,91416,01616,12116,22816,34016,45416,572
Annual Cash Flows 5,1405,7316,3426,9737,6258,2998,9959,71510,45911,22712,02112,84213,69014,56715,473
Expenses (Periodic)
Vacancy Costs1638408688979269579891,0211,0551,0901,1261,1631,2011,2411,282
Maintenance & Repairs01,5761,6281,6821,7371,7941,8541,9151,9782,0432,1112,1802,2522,3272,403
Tenant Placement Credit-84800000000000000
Tenant Placement/Lease Renewal Fees8482002009342002002001,0642002002001,211200200200
Total Expenses (Periodic)1632,6162,6963,5132,8632,9513,0424,0003,2333,3333,4364,5543,6533,7673,885
Total Return On Investment
Acquisition Down Payment-57,250000000000000057,250
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,9773,1153,6463,4604,7615,3475,9535,7157,2267,8948,5858,28810,03710,79911,587
Tax Savings2,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,623-24,482
Principal Paydown0000000000000049,067
Estimated Home Price Appreciation 00000000000000347,631
Total Selling, Holding & Closing Costs00000000000000-52,971
Total Capital In/Out-56,1495,7386,2696,0837,3847,9718,5768,3389,84910,51711,20810,91112,66013,423388,082
Total Return On Investment (IRR)21.92%
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.