Property Analysis For: 2906 Bishop St
Year123456789101112131415
Revenue
Rental Income15,00015,49516,00616,53517,08017,64418,22618,82819,44920,09120,75421,43922,14622,87723,632
Expenses (Recurring)
Mortgage Payment 8,1188,1188,1188,1188,1188,1188,1188,1188,1188,1188,1188,1188,1188,1188,118
Estimated Annual Property Taxes6847057267477707938178418668929199479751,0041,035
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,4749,5149,5569,5999,6449,6909,7379,7859,8359,8879,9409,99510,05110,10910,169
Annual Cash Flows 5,5265,9816,4506,9357,4367,9548,4899,0429,61310,20410,81411,44412,09512,76813,463
Expenses (Periodic)
Vacancy Costs120620640661683706729753778804830858886915945
Maintenance & Repairs01,1621,2001,2401,2811,3231,3671,4121,4591,5071,5571,6081,6611,7161,772
Tenant Placement Credit-62500000000000000
Tenant Placement/Lease Renewal Fees625200200689200200200784200200200893200200200
Total Expenses (Periodic)1201,9822,0412,5902,1642,2292,2962,9502,4372,5102,5873,3592,7472,8312,918
Total Return On Investment
Acquisition Down Payment-35,675000000000000035,675
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,4063,9994,4094,3455,2725,7256,1936,0937,1777,6938,2278,0859,3489,93710,545
Tax Savings1,6351,6351,6351,6351,6351,6351,6351,6351,6351,6351,6351,6351,6351,635-15,256
Principal Paydown0000000000000029,369
Estimated Home Price Appreciation 00000000000000187,388
Total Selling, Holding & Closing Costs00000000000000-33,009
Total Capital In/Out-35,1345,6336,0445,9796,9077,3607,8287,7278,8119,3289,8629,72010,98311,572214,712
Total Return On Investment (IRR)25.30%
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.