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 11,02711,02711,02711,02711,02711,02711,02711,02711,02711,02711,02711,02711,02711,02711,027
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)12,74612,79812,85112,90612,96213,02013,08013,14213,20513,27013,33813,40713,47813,55213,628
Annual Cash Flows 5,2545,7966,3566,9367,5348,1528,7919,45110,13410,83811,56712,31913,09713,90014,730
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 5,1103,4583,9483,8274,9775,5176,0765,9127,2507,8668,5038,2899,84110,54311,269
Tax Savings2,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,2792,279-21,275
Principal Paydown0000000000000042,073
Estimated Home Price Appreciation 00000000000000302,090
Total Selling, Holding & Closing Costs00000000000000-46,032
Total Capital In/Out-48,8615,7376,2276,1077,2567,7978,3558,1919,52910,14510,78210,56812,12012,823337,875
Total Return On Investment (IRR)22.93%
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.