Property Analysis For: 1144 Pelican Ln
Year123456789101112131415
Revenue
Rental Income11,94012,33412,74113,16113,59614,04414,50814,98715,48115,99216,52017,06517,62818,21018,811
Expenses (Recurring)
Mortgage Payment 6,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,551
Estimated Annual Property Taxes652672692712734756779802826851876903930957986
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,8757,9157,9567,9988,0418,0868,1328,1808,2288,2798,3318,3848,4398,4968,554
Annual Cash Flows 4,0654,4194,7855,1635,5545,9586,3766,8077,2537,7138,1898,6819,1899,71410,257
Expenses (Periodic)
Vacancy Costs96493510526544562580599619640661683705728752
Maintenance & Repairs09259569871,0201,0531,0881,1241,1611,1991,2391,2801,3221,3661,411
Tenant Placement Credit-49800000000000000
Tenant Placement/Lease Renewal Fees498200200548200200200624200200200711200200200
Total Expenses (Periodic)961,6181,6652,0621,7641,8151,8682,3481,9802,0392,1002,6742,2272,2942,363
Total Return On Investment
Acquisition Down Payment-29,950000000000000029,950
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,9692,8013,1203,1023,7914,1434,5074,4595,2725,6746,0906,0086,9627,4207,894
Tax Savings1,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,372-12,808
Principal Paydown0000000000000025,669
Estimated Home Price Appreciation 00000000000000157,317
Total Selling, Holding & Closing Costs00000000000000-27,712
Total Capital In/Out-31,1094,1734,4924,4745,1635,5155,8805,8316,6457,0477,4627,3808,3348,792180,310
Total Return On Investment (IRR)23.09%
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.