Property Analysis For: 1624 S. Cedar St
Year123456789101112131415
Revenue
Rental Income13,38013,82214,27814,74915,23615,73816,25816,79417,34817,92118,51219,12319,75420,40621,080
Expenses (Recurring)
Mortgage Payment 7,4587,4587,4587,4587,4587,4587,4587,4587,4587,4587,4587,4587,4587,4587,458
Estimated Annual Property Taxes6847057267477707938178418668929199479751,0041,035
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,8148,8548,8968,9408,9849,0309,0779,1259,1769,2279,2809,3359,3919,4499,509
Annual Cash Flows 4,5664,9675,3815,8096,2526,7097,1817,6698,1738,6949,2329,78810,36310,95711,571
Expenses (Periodic)
Vacancy Costs107553571590609630650672694717740765790816843
Maintenance & Repairs01,0371,0711,1061,1431,1801,2191,2601,3011,3441,3881,4341,4821,5301,581
Tenant Placement Credit-55800000000000000
Tenant Placement/Lease Renewal Fees558200200615200200200700200200200797200200200
Total Expenses (Periodic)1071,7891,8422,3111,9522,0102,0702,6312,1952,2612,3292,9962,4722,5472,624
Total Return On Investment
Acquisition Down Payment-32,775000000000000032,775
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,4593,1783,5393,4994,2994,6995,1115,0385,9786,4336,9036,7927,8918,4108,947
Tax Savings1,5021,5021,5021,5021,5021,5021,5021,5021,5021,5021,5021,5021,5021,502-14,016
Principal Paydown0000000000000026,981
Estimated Home Price Appreciation 00000000000000172,155
Total Selling, Holding & Closing Costs00000000000000-30,326
Total Capital In/Out-33,3144,6795,0415,0005,8016,2006,6136,5397,4797,9358,4058,2949,3939,912196,517
Total Return On Investment (IRR)23.70%
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.