Property Analysis For: 1278 Kerr Ave
Year123456789101112131415
Revenue
Rental Income10,86011,21811,58911,97112,36612,77413,19613,63114,08114,54615,02615,52116,03416,56317,109
Expenses (Recurring)
Mortgage Payment 5,9615,9615,9615,9615,9615,9615,9615,9615,9615,9615,9615,9615,9615,9615,961
Estimated Annual Property Taxes503518534550566583601619637656676696717739761
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,1367,1717,2077,2457,2837,3237,3647,4067,4497,4947,5407,5877,6367,6867,738
Annual Cash Flows 3,7244,0474,3814,7265,0835,4515,8326,2256,6327,0527,4867,9348,3988,8779,371
Expenses (Periodic)
Vacancy Costs87449464479495511528545563582601621641663684
Maintenance & Repairs08418698989279589901,0221,0561,0911,1271,1641,2031,2421,283
Tenant Placement Credit-45300000000000000
Tenant Placement/Lease Renewal Fees453200200499200200200568200200200647200200200
Total Expenses (Periodic)871,4901,5331,8751,6221,6691,7182,1361,8191,8731,9282,4322,0442,1052,168
Total Return On Investment
Acquisition Down Payment-27,250000000000000027,250
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,6372,5572,8492,8513,4613,7824,1154,0904,8135,1795,5585,5036,3546,7727,204
Tax Savings1,2491,2491,2491,2491,2491,2491,2491,2491,2491,2491,2491,2491,2491,249-11,653
Principal Paydown0000000000000023,355
Estimated Home Price Appreciation 00000000000000143,134
Total Selling, Holding & Closing Costs00000000000000-25,213
Total Capital In/Out-28,8643,8064,0974,0994,7095,0315,3635,3386,0616,4286,8066,7517,6028,020164,077
Total Return On Investment (IRR)22.83%
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.