Property Analysis For: 2 Power Line Dr
Year123456789101112131415
Revenue
Rental Income19,08019,71020,36021,03221,72622,44323,18423,94924,73925,55526,39927,27028,17029,09930,060
Expenses (Recurring)
Mortgage Payment 10,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,882
Estimated Annual Property Taxes1,1131,1461,1811,2161,2531,2901,3291,3691,4101,4521,4961,5411,5871,6341,684
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)12,66712,72112,77612,83312,89112,95213,01413,07813,14313,21113,28113,35313,42713,50413,582
Annual Cash Flows 6,4136,9897,5848,1998,8359,49110,17010,87111,59512,34413,11713,91714,74215,59616,477
Expenses (Periodic)
Vacancy Costs1537888148418698989279589901,0221,0561,0911,1271,1641,202
Maintenance & Repairs01,4781,5271,5771,6291,6831,7391,7961,8551,9171,9802,0452,1132,1822,254
Tenant Placement Credit-79500000000000000
Tenant Placement/Lease Renewal Fees7952002008762002002009982002002001,136200200200
Total Expenses (Periodic)1532,4672,5413,2952,6982,7812,8663,7523,0453,1393,2364,2723,4403,5463,657
Total Return On Investment
Acquisition Down Payment-49,750000000000000049,750
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 6,2604,5225,0434,9046,1366,7107,3047,1198,5509,2059,8829,64411,30312,04912,820
Tax Savings2,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,279-21,275
Principal Paydown0000000000000042,639
Estimated Home Price Appreciation 00000000000000302,090
Total Selling, Holding & Closing Costs00000000000000-46,032
Total Capital In/Out-47,7106,8027,3227,1848,4168,9909,5839,39910,83011,48512,16111,92413,58214,329339,993
Total Return On Investment (IRR)24.75%
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.