Property Analysis For: 203 Magnolia Cir
Year123456789101112131415
Revenue
Rental Income20,34021,01121,70522,42123,16123,92524,71525,53026,37327,24328,14229,07130,03031,02132,045
Expenses (Recurring)
Mortgage Payment 13,11913,11913,11913,11913,11913,11913,11913,11913,11913,11913,11913,11913,11913,11913,119
Estimated Annual Property Taxes1,1171,1511,1851,2211,2571,2951,3341,3741,4151,4571,5011,5461,5931,6401,690
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)14,90814,96215,01715,07415,13215,19315,25515,31915,38515,45315,52315,59515,67015,74615,825
Annual Cash Flows 5,4326,0506,6887,3478,0288,7329,45910,21110,98711,79012,61913,47514,36015,27516,220
Expenses (Periodic)
Vacancy Costs1638408688979269579891,0211,0551,0901,1261,1631,2011,2411,282
Maintenance & Repairs01,5761,6281,6821,7371,7941,8541,9151,9782,0432,1112,1802,2522,3272,403
Tenant Placement Credit-84800000000000000
Tenant Placement/Lease Renewal Fees8482002009342002002001,0642002002001,211200200200
Total Expenses (Periodic)1632,6162,6963,5132,8632,9513,0424,0003,2333,3333,4364,5543,6533,7673,885
Total Return On Investment
Acquisition Down Payment-59,975000000000000059,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,2693,4333,9923,8345,1655,7816,4176,2117,7558,4579,1828,92110,70711,50712,335
Tax Savings2,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,748-25,647
Principal Paydown0000000000000051,403
Estimated Home Price Appreciation 00000000000000364,178
Total Selling, Holding & Closing Costs00000000000000-55,493
Total Capital In/Out-58,4586,1816,7406,5827,9138,5299,1658,95910,50311,20511,93011,66913,45514,255406,750
Total Return On Investment (IRR)22.19%
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.