Property Analysis For: 2216 E Washington Ave
Year123456789101112131415
Revenue
Rental Income15,54016,05316,58317,13017,69518,27918,88219,50520,14920,81421,50122,21022,94323,70024,482
Expenses (Recurring)
Mortgage Payment 8,6648,6648,6648,6648,6648,6648,6648,6648,6648,6648,6648,6648,6648,6648,664
Estimated Annual Property Taxes9569851,0141,0451,0761,1081,1421,1761,2111,2471,2851,3231,3631,4041,446
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)10,29210,34110,39110,44310,49610,55110,60810,66610,72610,78810,85210,91710,98511,05511,126
Annual Cash Flows 5,2485,7126,1926,6877,1997,7288,2758,8399,42310,02610,64911,29311,95812,64613,356
Expenses (Periodic)
Vacancy Costs124642663685708731755780806833860888918948979
Maintenance & Repairs01,2041,2441,2851,3271,3711,4161,4631,5111,5611,6131,6661,7211,7781,836
Tenant Placement Credit-64800000000000000
Tenant Placement/Lease Renewal Fees648200200714200200200813200200200925200200200
Total Expenses (Periodic)1242,0462,1072,6842,2352,3022,3713,0562,5172,5942,6733,4802,8382,9263,015
Total Return On Investment
Acquisition Down Payment-38,075000000000000038,075
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,1243,6664,0854,0034,9645,4265,9035,7846,9067,4327,9777,8139,1209,72010,341
Tax Savings1,7451,7451,7451,7451,7451,7451,7451,7451,7451,7451,7451,7451,7451,745-16,282
Principal Paydown0000000000000031,344
Estimated Home Price Appreciation 00000000000000199,994
Total Selling, Holding & Closing Costs00000000000000-35,229
Total Capital In/Out-37,7075,4115,8295,7486,7097,1707,6487,5288,6509,1779,7219,55810,86411,465228,243
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.