Property Analysis For: 2858 Letrec Cv
Year123456789101112131415
Revenue
Rental Income13,80014,25514,72615,21215,71416,23216,76817,32117,89318,48319,09319,72320,37421,04721,741
Expenses (Recurring)
Mortgage Payment 7,9477,9477,9477,9477,9477,9477,9477,9477,9477,9477,9477,9477,9477,9477,947
Estimated Annual Property Taxes9119389669951,0251,0561,0881,1201,1541,1891,2241,2611,2991,3381,378
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,5309,5779,6269,6779,7299,7829,8379,8949,95210,01210,07410,13810,20410,27210,341
Annual Cash Flows 4,2704,6785,0995,5355,9856,4506,9317,4277,9418,4719,0199,58510,17010,77511,400
Expenses (Periodic)
Vacancy Costs110570589608629649671693716739764789815842870
Maintenance & Repairs01,0691,1041,1411,1791,2171,2581,2991,3421,3861,4321,4791,5281,5781,631
Tenant Placement Credit-57500000000000000
Tenant Placement/Lease Renewal Fees575200200634200200200722200200200822200200200
Total Expenses (Periodic)1101,8391,8932,3832,0072,0672,1282,7142,2582,3262,3963,0902,5432,6202,700
Total Return On Investment
Acquisition Down Payment-34,925000000000000034,925
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,1602,8393,2063,1523,9784,3834,8024,7145,6836,1456,6236,4957,6278,1558,700
Tax Savings1,6001,6001,6001,6001,6001,6001,6001,6001,6001,6001,6001,6001,6001,600-14,935
Principal Paydown0000000000000028,751
Estimated Home Price Appreciation 00000000000000183,448
Total Selling, Holding & Closing Costs00000000000000-32,315
Total Capital In/Out-35,6654,4394,8064,7525,5785,9846,4036,3147,2837,7468,2238,0959,2279,755208,574
Total Return On Investment (IRR)22.53%
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.