Property Analysis For: 1284 Old Hickory Rd
Year123456789101112131415
Revenue
Rental Income17,94018,53219,14419,77520,42821,10221,79822,51823,26124,02824,82125,64026,48727,36128,264
Expenses (Recurring)
Mortgage Payment 10,23410,23410,23410,23410,23410,23410,23410,23410,23410,23410,23410,23410,23410,23410,234
Estimated Annual Property Taxes1,5171,5631,6091,6581,7071,7591,8111,8661,9221,9792,0392,1002,1632,2282,295
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)12,42312,48812,55612,62612,69812,77112,84812,92613,00713,09013,17613,26413,35513,44813,545
Annual Cash Flows 5,5176,0446,5877,1507,7308,3318,9519,59210,25410,93811,64612,37713,13213,91214,719
Expenses (Periodic)
Vacancy Costs1447417667918178448729019309619931,0261,0591,0941,131
Maintenance & Repairs01,3901,4361,4831,5321,5831,6351,6891,7451,8021,8621,9231,9862,0522,120
Tenant Placement Credit-74800000000000000
Tenant Placement/Lease Renewal Fees7482002008242002002009382002002001,068200200200
Total Expenses (Periodic)1442,3312,4023,0982,5492,6272,7073,5282,8752,9633,0544,0173,2463,3463,450
Total Return On Investment
Acquisition Down Payment-44,975000000000000044,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,3743,7124,1864,0515,1815,7046,2446,0647,3797,9758,5918,3609,88610,56611,268
Tax Savings2,0612,0612,0612,0612,0612,0612,0612,0612,0612,0612,0612,0612,0612,061-19,233
Principal Paydown0000000000000037,025
Estimated Home Price Appreciation 00000000000000236,237
Total Selling, Holding & Closing Costs00000000000000-41,614
Total Capital In/Out-44,0415,7736,2476,1127,2427,7648,3058,1259,44010,03610,65210,42011,94712,626268,659
Total Return On Investment (IRR)23.23%
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.