Property Analysis For: 28 Neal Pl
Year123456789101112131415
Revenue
Rental Income12,60013,01613,44513,88914,34714,82115,31015,81516,33716,87617,43318,00818,60319,21719,851
Expenses (Recurring)
Mortgage Payment 6,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,821
Estimated Annual Property Taxes597615633652672692713734756779802826851877903
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,0908,1288,1678,2078,2498,2928,3368,3818,4288,4768,5268,5778,6308,6848,740
Annual Cash Flows 4,5104,8885,2785,6826,0986,5296,9747,4347,9098,4008,9079,4319,97310,53211,111
Expenses (Periodic)
Vacancy Costs101521538556574593612633653675697720744769794
Maintenance & Repairs09761,0081,0421,0761,1121,1481,1861,2251,2661,3071,3511,3951,4411,489
Tenant Placement Credit-52500000000000000
Tenant Placement/Lease Renewal Fees525200200579200200200659200200200750200200200
Total Expenses (Periodic)1011,6971,7462,1761,8501,9041,9612,4782,0792,1412,2052,8212,3392,4102,483
Total Return On Investment
Acquisition Down Payment-29,975000000000000029,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,4103,1913,5323,5064,2484,6255,0134,9565,8306,2596,7026,6107,6338,1228,628
Tax Savings1,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,373-12,818
Principal Paydown0000000000000024,676
Estimated Home Price Appreciation 00000000000000157,448
Total Selling, Holding & Closing Costs00000000000000-27,735
Total Capital In/Out-30,6924,5654,9064,8795,6225,9986,3876,3297,2037,6328,0767,9839,0079,496180,174
Total Return On Investment (IRR)24.26%
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.