Property Analysis For: 2304 S. Harrison St
Year123456789101112131415
Revenue
Rental Income12,60013,01613,44513,88914,34714,82115,31015,81516,33716,87617,43318,00818,60319,21719,851
Expenses (Recurring)
Mortgage Payment 7,0257,0257,0257,0257,0257,0257,0257,0257,0257,0257,0257,0257,0257,0257,025
Estimated Annual Property Taxes9319599881,0171,0481,0791,1121,1451,1791,2151,2511,2891,3271,3671,408
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,6288,6778,7268,7778,8308,8848,9408,9979,0569,1179,1809,2449,3119,3799,450
Annual Cash Flows 3,9724,3394,7195,1125,5185,9376,3706,8187,2817,7598,2538,7649,2929,83710,401
Expenses (Periodic)
Vacancy Costs101521538556574593612633653675697720744769794
Maintenance & Repairs09761,0081,0421,0761,1121,1481,1861,2251,2661,3071,3511,3951,4411,489
Tenant Placement Credit-52500000000000000
Tenant Placement/Lease Renewal Fees525200200579200200200659200200200750200200200
Total Expenses (Periodic)1011,6971,7462,1761,8501,9041,9612,4782,0792,1412,2052,8212,3392,4102,483
Total Return On Investment
Acquisition Down Payment-30,875000000000000030,875
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,8712,6422,9732,9363,6684,0334,4104,3415,2025,6186,0495,9436,9527,4277,918
Tax Savings1,4151,4151,4151,4151,4151,4151,4151,4151,4151,4151,4151,4151,4151,415-13,203
Principal Paydown0000000000000025,417
Estimated Home Price Appreciation 00000000000000162,175
Total Selling, Holding & Closing Costs00000000000000-28,568
Total Capital In/Out-32,0904,0574,3884,3515,0825,4475,8245,7556,6177,0337,4637,3578,3678,842184,614
Total Return On Investment (IRR)22.57%
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.