Property Analysis For: 2723 Burns Ave
Year123456789101112131415
Revenue
Rental Income10,74011,09411,46111,83912,22912,63313,05013,48113,92514,38514,86015,35015,85716,38016,920
Expenses (Recurring)
Mortgage Payment 5,8485,8485,8485,8485,8485,8485,8485,8485,8485,8485,8485,8485,8485,8485,848
Estimated Annual Property Taxes7187407627858088328578839109379659941,0241,0541,086
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,2387,2807,3237,3677,4127,4597,5087,5577,6097,6627,7167,7727,8307,8897,950
Annual Cash Flows 3,5023,8154,1384,4724,8175,1745,5425,9236,3176,7237,1447,5788,0278,4918,970
Expenses (Periodic)
Vacancy Costs86444458474489505522539557575594614634655677
Maintenance & Repairs08328608889179479791,0111,0441,0791,1141,1511,1891,2281,269
Tenant Placement Credit-44800000000000000
Tenant Placement/Lease Renewal Fees448200200493200200200562200200200640200200200
Total Expenses (Periodic)861,4761,5181,8551,6061,6531,7012,1121,8011,8541,9092,4052,0242,0842,146
Total Return On Investment
Acquisition Down Payment-25,700000000000000025,700
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,4162,3392,6202,6173,2113,5213,8423,8114,5154,8695,2355,1736,0036,4076,824
Tax Savings1,1781,1781,1781,1781,1781,1781,1781,1781,1781,1781,1781,1781,1781,178-10,990
Principal Paydown0000000000000021,157
Estimated Home Price Appreciation 00000000000000134,993
Total Selling, Holding & Closing Costs00000000000000-23,779
Total Capital In/Out-27,6063,5163,7983,7954,3884,6985,0194,9895,6936,0476,4126,3517,1817,584153,904
Total Return On Investment (IRR)22.46%
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.