Property Analysis For: 2328 St Elmo Ave
Year123456789101112131415
Revenue
Rental Income13,50013,94614,40614,88115,37215,87916,40316,94517,50418,08218,67819,29519,93120,58921,269
Expenses (Recurring)
Mortgage Payment 7,2987,2987,2987,2987,2987,2987,2987,2987,2987,2987,2987,2987,2987,2987,298
Estimated Annual Property Taxes543559576593611629648668688708730752774797821
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,5138,5508,5878,6268,6668,7078,7498,7938,8388,8848,9318,9809,0319,0839,136
Annual Cash Flows 4,9875,3965,8186,2556,7067,1727,6548,1528,6669,1989,74710,31410,90111,50612,132
Expenses (Periodic)
Vacancy Costs108558576595615635656678700723747772797824851
Maintenance & Repairs01,0461,0801,1161,1531,1911,2301,2711,3131,3561,4011,4471,4951,5441,595
Tenant Placement Credit-56300000000000000
Tenant Placement/Lease Renewal Fees563200200620200200200706200200200804200200200
Total Expenses (Periodic)1081,8041,8572,3311,9682,0262,0862,6552,2132,2792,3483,0232,4922,5682,646
Total Return On Investment
Acquisition Down Payment-32,075000000000000032,075
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,8793,5923,9623,9244,7385,1465,5685,4976,4536,9187,3997,2928,4088,9399,486
Tax Savings1,4701,4701,4701,4701,4701,4701,4701,4701,4701,4701,4701,4701,4701,470-13,716
Principal Paydown0000000000000026,405
Estimated Home Price Appreciation 00000000000000168,478
Total Selling, Holding & Closing Costs00000000000000-29,678
Total Capital In/Out-32,2275,0615,4315,3936,2086,6167,0376,9677,9238,3888,8698,7619,87810,408193,050
Total Return On Investment (IRR)24.96%
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.