Property Analysis For: 1309-1311 S. Barksdale St
Year123456789101112131415
Revenue
Rental Income22,20022,93323,68924,47125,27926,11326,97527,86528,78429,73430,71531,72932,77633,85834,975
Expenses (Recurring)
Mortgage Payment 12,56712,56712,56712,56712,56712,56712,56712,56712,56712,56712,56712,56712,56712,56712,567
Estimated Annual Property Taxes1,5621,6091,6571,7071,7581,8111,8651,9211,9792,0382,0992,1622,2272,2942,363
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)14,80114,86814,93715,00815,08115,15615,23415,31415,39715,48115,56915,65915,75215,84715,946
Annual Cash Flows 7,3998,0658,7539,46310,19810,95611,74012,55113,38814,25315,14616,07017,02418,01019,029
Expenses (Periodic)
Vacancy Costs1789179489791,0111,0451,0791,1151,1511,1891,2291,2691,3111,3541,399
Maintenance & Repairs01,7201,7771,8351,8961,9582,0232,0902,1592,2302,3042,3802,4582,5392,623
Tenant Placement Credit-92500000000000000
Tenant Placement/Lease Renewal Fees9252002001,0202002002001,1612002002001,322200200200
Total Expenses (Periodic)1782,8372,9243,8343,1073,2033,3024,3653,5103,6193,7324,9713,9694,0944,222
Total Return On Investment
Acquisition Down Payment-57,450000000000000057,450
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 7,2225,2285,8285,6307,0917,7538,4388,1859,87810,63311,41411,09913,05513,91714,807
Tax Savings2,6322,6322,6322,6322,6322,6322,6322,6322,6322,6322,6322,6322,6322,632-24,568
Principal Paydown0000000000000049,239
Estimated Home Price Appreciation 00000000000000301,764
Total Selling, Holding & Closing Costs00000000000000-53,156
Total Capital In/Out-54,0967,8608,4618,2629,72310,38611,07110,81712,51013,26614,04613,73115,68716,549345,536
Total Return On Investment (IRR)24.40%
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.