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 6,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,639
Estimated Annual Property Taxes652672692712734756779802826851876903930957986
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,9638,0028,0438,0858,1298,1748,2208,2678,3168,3668,4188,4718,5268,5838,641
Annual Cash Flows 3,9774,3324,6985,0765,4675,8716,2886,7207,1657,6268,1028,5949,1029,62710,170
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 3,8822,7133,0333,0143,7034,0564,4204,3725,1855,5876,0025,9206,8757,3337,806
Tax Savings1,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,372-12,808
Principal Paydown0000000000000025,329
Estimated Home Price Appreciation 00000000000000157,317
Total Selling, Holding & Closing Costs00000000000000-27,712
Total Capital In/Out-31,1964,0854,4054,3865,0765,4285,7925,7446,5576,9597,3747,2928,2478,705179,882
Total Return On Investment (IRR)22.86%
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.