Property Analysis For: 1288 Marlin Rd
Year123456789101112131415
Revenue
Rental Income14,34014,81315,30215,80716,32916,86817,42417,99918,59319,20719,84020,49521,17221,87022,592
Expenses (Recurring)
Mortgage Payment 7,8697,8697,8697,8697,8697,8697,8697,8697,8697,8697,8697,8697,8697,8697,869
Estimated Annual Property Taxes1,3861,4281,4701,5151,5601,6071,6551,7051,7561,8081,8631,9191,9762,0352,096
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,9279,98910,05210,11810,18510,25510,32710,40010,47610,55410,63510,71810,80310,89110,982
Annual Cash Flows 4,4134,8245,2505,6896,1436,6137,0987,5998,1178,6529,2069,77710,36810,97911,610
Expenses (Periodic)
Vacancy Costs115593612632653675697720744768794820847875904
Maintenance & Repairs01,1111,1481,1861,2251,2651,3071,3501,3941,4411,4881,5371,5881,6401,694
Tenant Placement Credit-59800000000000000
Tenant Placement/Lease Renewal Fees598200200659200200200750200200200854200200200
Total Expenses (Periodic)1151,9041,9602,4762,0782,1402,2042,8202,3382,4092,4823,2112,6352,7152,798
Total Return On Investment
Acquisition Down Payment-35,975000000000000035,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,2982,9213,2903,2134,0654,4734,8944,7795,7796,2446,7246,5667,7338,2648,812
Tax Savings1,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,648-15,384
Principal Paydown0000000000000030,833
Estimated Home Price Appreciation 00000000000000188,964
Total Selling, Holding & Closing Costs00000000000000-33,286
Total Capital In/Out-36,5294,5694,9384,8615,7146,1216,5426,4277,4277,8928,3728,2159,3829,912215,913
Total Return On Investment (IRR)22.57%
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.