Property Analysis For: 1953 The Elms Ave
Year123456789101112131415
Revenue
Rental Income10,50010,84711,20411,57411,95612,35112,75813,17913,61414,06314,52815,00715,50216,01416,542
Expenses (Recurring)
Mortgage Payment 5,7585,7585,7585,7585,7585,7585,7585,7585,7585,7585,7585,7585,7585,7585,758
Estimated Annual Property Taxes400412424437450464478492507522538554570587605
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)6,8306,8626,8966,9306,9657,0017,0387,0777,1167,1577,1997,2427,2877,3337,380
Annual Cash Flows 3,6703,9844,3094,6444,9915,3505,7206,1036,4986,9067,3297,7658,2158,6819,162
Expenses (Periodic)
Vacancy Costs84434448463478494510527545563581600620641662
Maintenance & Repairs08138408688979269579881,0211,0551,0901,1261,1631,2011,241
Tenant Placement Credit-43800000000000000
Tenant Placement/Lease Renewal Fees438200200482200200200549200200200625200200200
Total Expenses (Periodic)841,4471,4891,8131,5751,6201,6672,0651,7661,8171,8712,3511,9832,0422,102
Total Return On Investment
Acquisition Down Payment-26,325000000000000026,325
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,5862,5372,8202,8313,4163,7294,0534,0384,7325,0895,4585,4146,2336,6407,060
Tax Savings1,2061,2061,2061,2061,2061,2061,2061,2061,2061,2061,2061,2061,2061,206-11,258
Principal Paydown0000000000000022,562
Estimated Home Price Appreciation 00000000000000138,276
Total Selling, Holding & Closing Costs00000000000000-24,358
Total Capital In/Out-28,0333,7434,0264,0374,6224,9355,2595,2445,9386,2956,6646,6207,4397,846158,608
Total Return On Investment (IRR)22.92%
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.