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 7,3097,3097,3097,3097,3097,3097,3097,3097,3097,3097,3097,3097,3097,3097,309
Estimated Annual Property Taxes546562579597615633652672692712734756778802826
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,5278,5648,6018,6408,6808,7218,7648,8078,8528,8988,9468,9959,0469,0989,152
Annual Cash Flows 4,6135,0105,4205,8446,2826,7357,2037,6868,1858,7019,2349,78510,35410,94211,550
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 4,5083,2493,6083,5754,3624,7575,1665,1026,0266,4776,9436,8437,9238,4388,969
Tax Savings1,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,511-14,101
Principal Paydown0000000000000027,887
Estimated Home Price Appreciation 00000000000000173,206
Total Selling, Holding & Closing Costs00000000000000-30,511
Total Capital In/Out-33,4564,7605,1195,0865,8726,2686,6776,6137,5377,9888,4548,3549,4349,948198,425
Total Return On Investment (IRR)23.81%
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.