Property Analysis For: 2120 Bennett
Year123456789101112131415
Revenue
Rental Income13,14013,57414,02214,48414,96215,45615,96616,49317,03717,59918,18018,78019,40020,04020,701
Expenses (Recurring)
Mortgage Payment 7,2137,2137,2137,2137,2137,2137,2137,2137,2137,2137,2137,2137,2137,2137,213
Estimated Annual Property Taxes546562579597615633652672692712734756778802826
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,4318,4678,5058,5448,5848,6258,6678,7118,7568,8028,8508,8998,9509,0029,055
Annual Cash Flows 4,7095,1065,5165,9406,3786,8317,2997,7828,2818,7979,3309,88110,45011,03811,646
Expenses (Periodic)
Vacancy Costs105543561579598618639660681704727751776802828
Maintenance & Repairs01,0181,0521,0861,1221,1591,1971,2371,2781,3201,3641,4091,4551,5031,553
Tenant Placement Credit-54800000000000000
Tenant Placement/Lease Renewal Fees548200200604200200200687200200200783200200200
Total Expenses (Periodic)1051,7611,8122,2691,9211,9772,0362,5842,1592,2242,2912,9422,4312,5052,581
Total Return On Investment
Acquisition Down Payment-32,975000000000000032,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,6043,3453,7043,6714,4584,8545,2635,1986,1226,5737,0406,9398,0198,5349,065
Tax Savings1,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,511-14,101
Principal Paydown0000000000000028,262
Estimated Home Price Appreciation 00000000000000173,206
Total Selling, Holding & Closing Costs00000000000000-30,511
Total Capital In/Out-33,3604,8565,2155,1825,9696,3646,7746,7097,6338,0848,5508,4509,53010,045198,896
Total Return On Investment (IRR)24.05%
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.