Property Analysis For: 2403 S Battery St
Year123456789101112131415
Revenue
Rental Income16,20016,73517,28717,85718,44719,05519,68420,33421,00521,69822,41423,15423,91824,70725,522
Expenses (Recurring)
Mortgage Payment 9,2509,2509,2509,2509,2509,2509,2509,2509,2509,2509,2509,2509,2509,2509,250
Estimated Annual Property Taxes1,1801,2151,2521,2891,3281,3681,4091,4511,4951,5401,5861,6331,6821,7331,785
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)11,10211,15711,21411,27311,33411,39711,46111,52711,59611,66611,73911,81311,89011,96912,051
Annual Cash Flows 5,0985,5776,0726,5847,1127,6598,2238,8069,40910,03210,67511,34012,02712,73813,471
Expenses (Periodic)
Vacancy Costs1306696917147387627878138408688979269579881,021
Maintenance & Repairs01,2551,2971,3391,3831,4291,4761,5251,5751,6271,6811,7371,7941,8531,914
Tenant Placement Credit-67500000000000000
Tenant Placement/Lease Renewal Fees675200200744200200200847200200200965200200200
Total Expenses (Periodic)1302,1242,1882,7982,3212,3912,4643,1862,6162,6952,7783,6272,9513,0413,135
Total Return On Investment
Acquisition Down Payment-40,650000000000000040,650
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,9693,4533,8843,7864,7915,2675,7595,6216,7937,3377,8987,7139,0779,69610,336
Tax Savings1,8631,8631,8631,8631,8631,8631,8631,8631,8631,8631,8631,8631,8631,863-17,383
Principal Paydown0000000000000033,464
Estimated Home Price Appreciation 00000000000000213,520
Total Selling, Holding & Closing Costs00000000000000-37,612
Total Capital In/Out-40,3195,3155,7475,6496,6547,1307,6227,4838,6569,1999,7609,57510,93911,559242,975
Total Return On Investment (IRR)23.21%
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.