Property Analysis For: 204 Magnolia Ct
Year123456789101112131415
Revenue
Rental Income20,34021,01121,70522,42123,16123,92524,71525,53026,37327,24328,14229,07130,03031,02132,045
Expenses (Recurring)
Mortgage Payment 13,64713,64713,64713,64713,64713,64713,64713,64713,64713,64713,64713,64713,64713,64713,647
Estimated Annual Property Taxes1,1871,2231,2591,2971,3361,3761,4171,4601,5041,5491,5951,6431,6921,7431,795
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)15,50615,56215,61915,67815,73915,80215,86715,93316,00216,07316,14516,22016,29716,37716,459
Annual Cash Flows 4,8345,4496,0856,7427,4218,1238,8489,59710,37111,17011,99712,85013,73214,64415,586
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 4,6712,8333,3893,2304,5585,1725,8065,5977,1387,8378,5608,29610,07910,87711,701
Tax Savings2,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,7482,748-25,647
Principal Paydown0000000000000049,373
Estimated Home Price Appreciation 00000000000000364,178
Total Selling, Holding & Closing Costs00000000000000-55,493
Total Capital In/Out-59,0565,5816,1375,9787,3067,9208,5548,3459,88610,58511,30811,04412,82713,625404,086
Total Return On Investment (IRR)21.43%
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.