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 8,3168,3168,3168,3168,3168,3168,3168,3168,3168,3168,3168,3168,3168,3168,316
Estimated Annual Property Taxes6847057267477707938178418668929199479751,0041,035
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,6729,7129,7549,7979,8429,8889,9359,98310,03310,08510,13810,19310,24910,30710,367
Annual Cash Flows 3,7084,1094,5234,9515,3945,8516,3236,8117,3157,8368,3748,9309,50510,09910,713
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-36,075000000000000036,075
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,6012,3202,6812,6413,4423,8414,2534,1805,1205,5756,0455,9347,0337,5528,089
Tax Savings1,6531,6531,6531,6531,6531,6531,6531,6531,6531,6531,6531,6531,6531,653-15,427
Principal Paydown0000000000000029,298
Estimated Home Price Appreciation 00000000000000189,489
Total Selling, Holding & Closing Costs00000000000000-33,379
Total Capital In/Out-37,3213,9734,3344,2945,0945,4945,9065,8336,7737,2287,6987,5878,6869,205214,144
Total Return On Investment (IRR)21.21%
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.