Property Analysis For: 2408 Loop Acres Rd
Year123456789101112131415
Revenue
Rental Income18,00018,59419,20819,84120,49621,17321,87122,59323,33924,10924,90425,72626,57527,45228,358
Expenses (Recurring)
Mortgage Payment 10,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,88210,882
Estimated Annual Property Taxes1,0471,0781,1111,1441,1781,2141,2501,2881,3261,3661,4071,4491,4931,5381,584
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)12,60112,65312,70612,76112,81712,87512,93512,99613,06013,12513,19213,26213,33313,40713,482
Annual Cash Flows 5,3995,9416,5027,0817,6798,2978,9369,59710,27910,98411,71212,46413,24214,04514,876
Expenses (Periodic)
Vacancy Costs1447447687948208478759049349649961,0291,0631,0981,134
Maintenance & Repairs01,3951,4411,4881,5371,5881,6401,6941,7501,8081,8681,9291,9932,0592,127
Tenant Placement Credit-75000000000000000
Tenant Placement/Lease Renewal Fees7502002008272002002009412002002001,072200200200
Total Expenses (Periodic)1442,3382,4093,1082,5572,6352,7153,5402,8842,9733,0644,0303,2563,3573,461
Total Return On Investment
Acquisition Down Payment-49,750000000000000049,750
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,2553,6034,0933,9725,1225,6636,2216,0577,3958,0118,6488,4349,98610,68811,414
Tax Savings2,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,279-21,275
Principal Paydown0000000000000042,639
Estimated Home Price Appreciation 00000000000000261,319
Total Selling, Holding & Closing Costs00000000000000-46,032
Total Capital In/Out-48,7165,8826,3726,2527,4027,9428,5018,3369,67410,29110,92710,71312,26512,968297,816
Total Return On Investment (IRR)22.47%
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.