Property Analysis For: 2731 Burns Ave
Year123456789101112131415
Revenue
Rental Income14,10014,56515,04615,54216,05516,58517,13317,69818,28218,88519,50820,15220,81721,50422,214
Expenses (Recurring)
Mortgage Payment 7,7387,7387,7387,7387,7387,7387,7387,7387,7387,7387,7387,7387,7387,7387,738
Estimated Annual Property Taxes8148388648899169449721,0011,0311,0621,0941,1271,1611,1951,231
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,2249,2699,3149,3629,4109,4619,5129,5669,6209,6779,7359,7959,8579,9209,986
Annual Cash Flows 4,8765,2975,7326,1816,6457,1257,6208,1328,6629,2089,77310,35710,96111,58412,228
Expenses (Periodic)
Vacancy Costs113583602622642663685708731755780806833860889
Maintenance & Repairs01,0921,1281,1661,2041,2441,2851,3271,3711,4161,4631,5111,5611,6131,666
Tenant Placement Credit-58800000000000000
Tenant Placement/Lease Renewal Fees588200200648200200200737200200200840200200200
Total Expenses (Periodic)1131,8751,9302,4352,0462,1072,1702,7732,3022,3722,4433,1572,5942,6732,755
Total Return On Investment
Acquisition Down Payment-35,375000000000000035,375
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,7633,4223,8013,7464,5995,0175,4505,3606,3596,8377,3307,2008,3678,9119,474
Tax Savings1,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,621-15,128
Principal Paydown0000000000000030,319
Estimated Home Price Appreciation 00000000000000185,812
Total Selling, Holding & Closing Costs00000000000000-32,731
Total Capital In/Out-35,4915,0435,4225,3676,2196,6387,0716,9817,9808,4578,9518,8219,98710,532213,121
Total Return On Investment (IRR)23.85%
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.