Property Analysis For: 2008 Romine Rd
Year123456789101112131415
Revenue
Rental Income18,60019,21419,84820,50321,17921,87822,60023,34624,11724,91225,73526,58427,46128,36729,303
Expenses (Recurring)
Mortgage Payment 10,84510,84510,84510,84510,84510,84510,84510,84510,84510,84510,84510,84510,84510,84510,845
Estimated Annual Property Taxes1,4221,4651,5091,5541,6001,6481,6981,7491,8011,8551,9111,9682,0272,0882,151
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)12,93913,00113,06613,13313,20113,27213,34513,42013,49713,57713,65913,74313,83013,92014,012
Annual Cash Flows 5,6616,2126,7827,3707,9788,6069,2559,92610,61911,33612,07612,84113,63114,44815,291
Expenses (Periodic)
Vacancy Costs1497697948208478759049349659961,0291,0631,0981,1351,172
Maintenance & Repairs01,4411,4891,5381,5881,6411,6951,7511,8091,8681,9301,9942,0602,1282,198
Tenant Placement Credit-77500000000000000
Tenant Placement/Lease Renewal Fees7752002008542002002009732002002001,108200200200
Total Expenses (Periodic)1492,4102,4833,2122,6362,7162,7993,6582,9733,0653,1594,1653,3583,4623,570
Total Return On Investment
Acquisition Down Payment-48,925000000000000048,925
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,5133,8034,2994,1585,3425,8906,4566,2697,6468,2718,9168,67610,27310,98511,721
Tax Savings2,2422,2422,2422,2422,2422,2422,2422,2422,2422,2422,2422,2422,2422,242-20,922
Principal Paydown0000000000000041,376
Estimated Home Price Appreciation 00000000000000256,985
Total Selling, Holding & Closing Costs00000000000000-45,269
Total Capital In/Out-47,6716,0446,5416,4007,5848,1328,6988,5109,88810,51211,15810,91712,51413,227292,817
Total Return On Investment (IRR)22.93%
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.