Property Analysis For: 1341 Busby Ave
Year123456789101112131415
Revenue
Rental Income13,80014,25514,72615,21215,71416,23216,76817,32117,89318,48319,09319,72320,37421,04721,741
Expenses (Recurring)
Mortgage Payment 7,4757,4757,4757,4757,4757,4757,4757,4757,4757,4757,4757,4757,4757,4757,475
Estimated Annual Property Taxes9409689971,0271,0581,0901,1221,1561,1911,2261,2631,3011,3401,3801,422
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,0879,1369,1869,2379,2909,3449,4009,4589,5179,5799,6429,7079,7749,8439,914
Annual Cash Flows 4,7135,1205,5405,9756,4246,8887,3687,8638,3758,9059,45210,01710,60111,20411,827
Expenses (Periodic)
Vacancy Costs110570589608629649671693716739764789815842870
Maintenance & Repairs01,0691,1041,1411,1791,2171,2581,2991,3421,3861,4321,4791,5281,5781,631
Tenant Placement Credit-57500000000000000
Tenant Placement/Lease Renewal Fees575200200634200200200722200200200822200200200
Total Expenses (Periodic)1101,8391,8932,3832,0072,0672,1282,7142,2582,3262,3963,0902,5432,6202,700
Total Return On Investment
Acquisition Down Payment-34,175000000000000034,175
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,6023,2803,6473,5924,4174,8215,2395,1506,1186,5797,0566,9278,0588,5849,127
Tax Savings1,5661,5661,5661,5661,5661,5661,5661,5661,5661,5661,5661,5661,5661,566-14,614
Principal Paydown0000000000000029,290
Estimated Home Price Appreciation 00000000000000179,509
Total Selling, Holding & Closing Costs00000000000000-31,621
Total Capital In/Out-34,5074,8465,2135,1585,9836,3876,8056,7167,6848,1458,6228,4929,62310,149205,866
Total Return On Investment (IRR)23.69%
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.