Property Analysis For: 2571 Burns Ave
Year123456789101112131415
Revenue
Rental Income11,40011,77612,16512,56612,98113,40913,85214,30914,78115,26915,77316,29316,83117,38617,960
Expenses (Recurring)
Mortgage Payment 6,0706,0706,0706,0706,0706,0706,0706,0706,0706,0706,0706,0706,0706,0706,070
Estimated Annual Property Taxes643662682703724745768791815839864890917944973
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,3857,4247,4657,5077,5507,5947,6407,6877,7367,7867,8377,8907,9458,0018,059
Annual Cash Flows 4,0154,3524,7005,0605,4315,8156,2126,6227,0467,4837,9368,4038,8869,3869,901
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-26,675000000000000026,675
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,9242,7983,1013,0913,7384,0734,4194,3805,1465,5275,9225,8516,7517,1867,636
Tax Savings1,2221,2221,2221,2221,2221,2221,2221,2221,2221,2221,2221,2221,2221,222-11,407
Principal Paydown0000000000000021,960
Estimated Home Price Appreciation 00000000000000140,114
Total Selling, Holding & Closing Costs00000000000000-24,681
Total Capital In/Out-28,0294,0204,3234,3134,9615,2955,6415,6026,3686,7507,1447,0737,9738,408160,296
Total Return On Investment (IRR)23.74%
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.