Property Analysis For: 2010 Quinn Ave
Year123456789101112131415
Revenue
Rental Income11,40011,77612,16512,56612,98113,40913,85214,30914,78115,26915,77316,29316,83117,38617,960
Expenses (Recurring)
Mortgage Payment 6,4916,4916,4916,4916,4916,4916,4916,4916,4916,4916,4916,4916,4916,4916,491
Estimated Annual Property Taxes564581598616635654673694714736758781804828853
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,7277,7647,8027,8427,8827,9247,9678,0118,0578,1048,1528,2028,2538,3068,361
Annual Cash Flows 3,6734,0124,3624,7255,0995,4855,8856,2986,7247,1657,6218,0918,5789,0809,599
Expenses (Periodic)
Vacancy Costs91471487503519536554572591611631652673695718
Maintenance & Repairs08839129429741,0061,0391,0731,1091,1451,1831,2221,2621,3041,347
Tenant Placement Credit-47500000000000000
Tenant Placement/Lease Renewal Fees475200200524200200200596200200200679200200200
Total Expenses (Periodic)911,5541,5991,9691,6931,7421,7932,2421,9001,9562,0142,5532,1362,1992,265
Total Return On Investment
Acquisition Down Payment-29,675000000000000029,675
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,5822,4582,7632,7563,4063,7434,0924,0564,8245,2095,6075,5396,4426,8817,334
Tax Savings1,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,360-12,690
Principal Paydown0000000000000025,433
Estimated Home Price Appreciation 00000000000000155,872
Total Selling, Holding & Closing Costs00000000000000-27,457
Total Capital In/Out-31,2343,8174,1234,1154,7665,1035,4525,4166,1846,5696,9666,8987,8028,240178,167
Total Return On Investment (IRR)22.17%
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.