Property Analysis For: 11 Clifton Dr
Year123456789101112131415
Revenue
Rental Income15,00015,49516,00616,53517,08017,64418,22618,82819,44920,09120,75421,43922,14622,87723,632
Expenses (Recurring)
Mortgage Payment 8,1758,1758,1758,1758,1758,1758,1758,1758,1758,1758,1758,1758,1758,1758,175
Estimated Annual Property Taxes1,0331,0641,0961,1291,1631,1981,2331,2701,3091,3481,3881,4301,4731,5171,563
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,8809,9329,98410,03810,09410,15210,21110,27210,33510,40010,46710,53610,60610,67910,754
Annual Cash Flows 5,1205,5636,0226,4966,9867,4928,0158,5559,1149,69110,28710,90311,54012,19812,877
Expenses (Periodic)
Vacancy Costs120620640661683706729753778804830858886915945
Maintenance & Repairs01,1621,2001,2401,2811,3231,3671,4121,4591,5071,5571,6081,6611,7161,772
Tenant Placement Credit-62500000000000000
Tenant Placement/Lease Renewal Fees625200200689200200200784200200200893200200200
Total Expenses (Periodic)1201,9822,0412,5902,1642,2292,2962,9502,4372,5102,5873,3592,7472,8312,918
Total Return On Investment
Acquisition Down Payment-37,375000000000000037,375
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,0003,5823,9813,9064,8225,2635,7195,6066,6777,1807,7007,5448,7939,3679,960
Tax Savings1,7121,7121,7121,7121,7121,7121,7121,7121,7121,7121,7121,7121,7121,712-15,983
Principal Paydown0000000000000032,033
Estimated Home Price Appreciation 00000000000000196,317
Total Selling, Holding & Closing Costs00000000000000-34,582
Total Capital In/Out-37,1635,2945,6945,6186,5346,9757,4317,3188,3898,8939,4139,25710,50511,079225,120
Total Return On Investment (IRR)23.92%
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.