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 6,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,578
Estimated Annual Property Taxes564581598616635654673694714736758781804828853
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,8147,8517,8897,9287,9698,0118,0548,0988,1438,1908,2398,2898,3408,3938,447
Annual Cash Flows 3,5863,9254,2764,6385,0125,3995,7986,2116,6387,0787,5348,0058,4918,9949,513
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 3,4952,3712,6772,6693,3193,6574,0053,9694,7385,1235,5205,4526,3556,7947,247
Tax Savings1,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,360-12,690
Principal Paydown0000000000000025,096
Estimated Home Price Appreciation 00000000000000155,872
Total Selling, Holding & Closing Costs00000000000000-27,457
Total Capital In/Out-31,3203,7314,0374,0294,6795,0165,3655,3296,0986,4826,8806,8127,7158,154177,743
Total Return On Investment (IRR)21.95%
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.