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 7,8417,8417,8417,8417,8417,8417,8417,8417,8417,8417,8417,8417,8417,8417,841
Estimated Annual Property Taxes8148388648899169449721,0011,0311,0621,0941,1271,1611,1951,231
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,3279,3729,4189,4659,5149,5649,6169,6699,7249,7809,8389,8989,96010,02310,089
Annual Cash Flows 4,7735,1945,6286,0786,5427,0217,5178,0298,5589,1059,67010,25410,85711,48112,125
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 4,6603,3193,6983,6434,4954,9145,3475,2566,2566,7337,2277,0978,2638,8089,370
Tax Savings1,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,6211,621-15,128
Principal Paydown0000000000000029,916
Estimated Home Price Appreciation 00000000000000185,812
Total Selling, Holding & Closing Costs00000000000000-32,731
Total Capital In/Out-35,5944,9395,3195,2636,1166,5356,9686,8777,8778,3548,8488,7189,88410,429212,615
Total Return On Investment (IRR)23.60%
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.