Property Analysis For: 1551 Menager Rd
Year123456789101112131415
Revenue
Rental Income14,70015,18515,68616,20416,73917,29117,86218,45119,06019,68920,33921,01021,70322,41923,159
Expenses (Recurring)
Mortgage Payment 8,0668,0668,0668,0668,0668,0668,0668,0668,0668,0668,0668,0668,0668,0668,066
Estimated Annual Property Taxes1,0181,0491,0801,1121,1461,1801,2161,2521,2901,3281,3681,4091,4511,4951,540
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,7569,8079,8599,9139,96810,02510,08410,14510,20710,27110,33710,40510,47610,54810,622
Annual Cash Flows 4,9445,3785,8276,2916,7707,2667,7788,3068,8539,41810,00110,60411,22811,87112,537
Expenses (Periodic)
Vacancy Costs118607627648670692714738762788814840868897926
Maintenance & Repairs01,1391,1761,2151,2551,2971,3401,3841,4291,4771,5251,5761,6281,6811,737
Tenant Placement Credit-61300000000000000
Tenant Placement/Lease Renewal Fees613200200675200200200769200200200875200200200
Total Expenses (Periodic)1181,9462,0042,5392,1252,1882,2542,8912,3922,4642,5393,2922,6962,7782,863
Total Return On Investment
Acquisition Down Payment-36,875000000000000036,875
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,8263,4323,8233,7534,6465,0775,5235,4166,4616,9547,4627,3138,5329,0939,674
Tax Savings1,6901,6901,6901,6901,6901,6901,6901,6901,6901,6901,6901,6901,6901,690-15,769
Principal Paydown0000000000000031,604
Estimated Home Price Appreciation 00000000000000193,691
Total Selling, Holding & Closing Costs00000000000000-34,119
Total Capital In/Out-36,8595,1225,5135,4426,3356,7677,2137,1058,1518,6439,1529,00210,22110,783221,956
Total Return On Investment (IRR)23.64%
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.