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 7,9747,9747,9747,9747,9747,9747,9747,9747,9747,9747,9747,9747,9747,9747,974
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)10,03210,09410,15710,22310,29010,36010,43210,50510,58110,65910,74010,82310,90810,99611,087
Annual Cash Flows 4,3084,7195,1455,5846,0386,5086,9937,4948,0128,5479,1019,67210,26310,87411,505
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 4,1932,8163,1853,1083,9604,3684,7894,6745,6746,1396,6196,4617,6288,1598,707
Tax Savings1,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,6481,648-15,384
Principal Paydown0000000000000030,424
Estimated Home Price Appreciation 00000000000000188,964
Total Selling, Holding & Closing Costs00000000000000-33,286
Total Capital In/Out-36,6344,4644,8334,7565,6096,0166,4376,3227,3227,7878,2678,1109,2779,807215,399
Total Return On Investment (IRR)22.34%
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.