Property Analysis For: 2311 Alameda Ave
Year123456789101112131415
Revenue
Rental Income11,40011,77612,16512,56612,98113,40913,85214,30914,78115,26915,77316,29316,83117,38617,960
Expenses (Recurring)
Mortgage Payment 6,2726,2726,2726,2726,2726,2726,2726,2726,2726,2726,2726,2726,2726,2726,272
Estimated Annual Property Taxes1,2001,2361,2731,3111,3511,3911,4331,4761,5201,5661,6131,6611,7111,7621,815
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,1448,2018,2588,3188,3798,4438,5088,5758,6448,7158,7888,8648,9419,0219,104
Annual Cash Flows 3,2563,5763,9064,2484,6024,9675,3445,7346,1376,5546,9857,4307,8908,3658,856
Expenses (Periodic)
Vacancy Costs91471487503519536554572591611631652673695718
Maintenance & Repairs08839129429741,0061,0391,0731,1091,1451,1831,2221,2621,3041,347
Tenant Placement Credit-47500000000000000
Tenant Placement/Lease Renewal Fees475200200524200200200596200200200679200200200
Total Expenses (Periodic)911,5541,5991,9691,6931,7421,7932,2421,9001,9562,0142,5532,1362,1992,265
Total Return On Investment
Acquisition Down Payment-28,675000000000000028,675
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,1642,0212,3072,2802,9093,2253,5513,4934,2384,5984,9714,8775,7546,1656,591
Tax Savings1,3141,3141,3141,3141,3141,3141,3141,3141,3141,3141,3141,3141,3141,314-12,262
Principal Paydown0000000000000024,576
Estimated Home Price Appreciation 00000000000000150,619
Total Selling, Holding & Closing Costs00000000000000-26,532
Total Capital In/Out-30,6973,3353,6213,5934,2234,5394,8654,8065,5515,9126,2856,1917,0687,479171,667
Total Return On Investment (IRR)21.12%
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.