Property Analysis For: 1400 Hanger St
Year123456789101112131415
Revenue
Rental Income15,60016,11516,64717,19617,76318,35018,95519,58120,22720,89421,58422,29623,03223,79224,577
Expenses (Recurring)
Mortgage Payment 8,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,698
Estimated Annual Property Taxes9229509781,0071,0381,0691,1011,1341,1681,2031,2391,2761,3151,3541,395
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)10,29210,34010,38910,44010,49210,54610,60110,65810,71710,77810,84010,90410,97111,03911,109
Annual Cash Flows 5,3085,7756,2586,7567,2717,8048,3548,9229,51010,11710,74411,39212,06112,75313,468
Expenses (Periodic)
Vacancy Costs125645666688711734758783809836863892921952983
Maintenance & Repairs01,2091,2481,2901,3321,3761,4221,4691,5171,5671,6191,6721,7271,7841,843
Tenant Placement Credit-65000000000000000
Tenant Placement/Lease Renewal Fees650200200716200200200816200200200929200200200
Total Expenses (Periodic)1252,0532,1142,6942,2432,3102,3803,0682,5262,6032,6823,4932,8492,9363,026
Total Return On Investment
Acquisition Down Payment-38,225000000000000038,225
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,1833,7224,1434,0625,0295,4945,9745,8556,9847,5148,0627,8999,2139,81710,442
Tax Savings1,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,751-16,346
Principal Paydown0000000000000031,468
Estimated Home Price Appreciation 00000000000000200,782
Total Selling, Holding & Closing Costs00000000000000-35,368
Total Capital In/Out-37,7905,4735,8955,8146,7807,2457,7257,6068,7359,2659,8139,65010,96411,568229,202
Total Return On Investment (IRR)24.16%
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.