Property Analysis For: 2220 Loop Acres Dr
Year123456789101112131415
Revenue
Rental Income13,80014,25514,72615,21215,71416,23216,76817,32117,89318,48319,09319,72320,37421,04721,741
Expenses (Recurring)
Mortgage Payment 7,6297,6297,6297,6297,6297,6297,6297,6297,6297,6297,6297,6297,6297,6297,629
Estimated Annual Property Taxes7157367597818058298548799069339619901,0191,0501,082
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,0169,0579,1009,1449,1909,2369,2859,3349,3869,4389,4939,5489,6069,6659,727
Annual Cash Flows 4,7845,1985,6266,0686,5246,9967,4837,9878,5079,0459,60110,17510,76811,38112,015
Expenses (Periodic)
Vacancy Costs110570589608629649671693716739764789815842870
Maintenance & Repairs01,0691,1041,1411,1791,2171,2581,2991,3421,3861,4321,4791,5281,5781,631
Tenant Placement Credit-57500000000000000
Tenant Placement/Lease Renewal Fees575200200634200200200722200200200822200200200
Total Expenses (Periodic)1101,8391,8932,3832,0072,0672,1282,7142,2582,3262,3963,0902,5432,6202,700
Total Return On Investment
Acquisition Down Payment-34,875000000000000034,875
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,6743,3593,7323,6844,5174,9295,3555,2736,2506,7207,2057,0858,2258,7619,314
Tax Savings1,5981,5981,5981,5981,5981,5981,5981,5981,5981,5981,5981,5981,5981,598-14,914
Principal Paydown0000000000000029,890
Estimated Home Price Appreciation 00000000000000183,186
Total Selling, Holding & Closing Costs00000000000000-32,269
Total Capital In/Out-35,1034,9575,3305,2826,1156,5276,9536,8717,8488,3178,8038,6839,82310,359210,083
Total Return On Investment (IRR)23.77%
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.