Property Analysis For: 1957 Belmar St
Year123456789101112131415
Revenue
Rental Income11,70012,08612,48512,89713,32313,76214,21614,68515,17015,67116,18816,72217,27417,84418,433
Expenses (Recurring)
Mortgage Payment 6,2896,2896,2896,2896,2896,2896,2896,2896,2896,2896,2896,2896,2896,2896,289
Estimated Annual Property Taxes454468482496511526542558575592610628647667687
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,4157,4497,4837,5197,5567,5947,6337,6747,7157,7587,8027,8477,8947,9427,992
Annual Cash Flows 4,2854,6385,0025,3785,7666,1686,5837,0127,4557,9138,3868,8759,3809,90210,441
Expenses (Periodic)
Vacancy Costs94483499516533550569587607627648669691714737
Maintenance & Repairs09069369679991,0321,0661,1011,1381,1751,2141,2541,2961,3381,382
Tenant Placement Credit-48800000000000000
Tenant Placement/Lease Renewal Fees488200200537200200200612200200200697200200200
Total Expenses (Periodic)941,5901,6362,0211,7321,7831,8352,3011,9452,0022,0622,6202,1862,2522,320
Total Return On Investment
Acquisition Down Payment-28,750000000000000028,750
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,1923,0483,3663,3574,0344,3854,7484,7115,5105,9116,3246,2557,1937,6508,121
Tax Savings1,3171,3171,3171,3171,3171,3171,3171,3171,3171,3171,3171,3171,3171,317-12,295
Principal Paydown0000000000000024,641
Estimated Home Price Appreciation 00000000000000151,013
Total Selling, Holding & Closing Costs00000000000000-26,601
Total Capital In/Out-29,7414,3654,6834,6755,3525,7036,0656,0286,8287,2287,6417,5728,5108,967173,629
Total Return On Investment (IRR)24.03%
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.