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 8,6238,6238,6238,6238,6238,6238,6238,6238,6238,6238,6238,6238,6238,6238,623
Estimated Annual Property Taxes6847057267477707938178418668929199479751,0041,035
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,97910,01910,06110,10410,14910,19410,24210,29010,34010,39210,44510,50010,55610,61410,674
Annual Cash Flows 5,0215,4765,9456,4306,9317,4497,9848,5379,1099,69910,30910,93911,59012,26312,958
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-38,900000000000000038,900
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,9013,4943,9053,8404,7675,2205,6885,5886,6727,1887,7227,5808,8439,43210,041
Tax Savings1,7821,7821,7821,7821,7821,7821,7821,7821,7821,7821,7821,7821,7821,782-16,635
Principal Paydown0000000000000032,897
Estimated Home Price Appreciation 00000000000000204,328
Total Selling, Holding & Closing Costs00000000000000-35,993
Total Capital In/Out-38,7165,2765,6875,6226,5507,0037,4717,3708,4548,9719,5049,36310,62611,214233,538
Total Return On Investment (IRR)23.48%
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.