Property Analysis For: 2160 Cassie Ave
Year123456789101112131415
Revenue
Rental Income13,14013,57414,02214,48414,96215,45615,96616,49317,03717,59918,18018,78019,40020,04020,701
Expenses (Recurring)
Mortgage Payment 7,5037,5037,5037,5037,5037,5037,5037,5037,5037,5037,5037,5037,5037,5037,503
Estimated Annual Property Taxes1,3351,3751,4161,4591,5031,5481,5941,6421,6911,7421,7941,8481,9031,9602,019
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,5109,5709,6339,6969,7629,8309,9009,97210,04610,12210,20110,28110,36510,45110,539
Annual Cash Flows 3,6304,0034,3894,7885,2005,6266,0666,5216,9927,4777,9808,4999,0359,58910,162
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 3,5252,2422,5772,5193,2793,6494,0303,9374,8325,2545,6895,5566,6047,0857,582
Tax Savings1,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,5111,511-14,101
Principal Paydown0000000000000027,146
Estimated Home Price Appreciation 00000000000000173,206
Total Selling, Holding & Closing Costs00000000000000-30,511
Total Capital In/Out-34,4403,7534,0874,0304,7905,1595,5415,4486,3436,7647,2007,0678,1158,596196,296
Total Return On Investment (IRR)21.32%
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.