Property Analysis For: 2963 Semmes St
Year123456789101112131415
Revenue
Rental Income10,50010,84711,20411,57411,95612,35112,75813,17913,61414,06314,52815,00715,50216,01416,542
Expenses (Recurring)
Mortgage Payment 5,8545,8545,8545,8545,8545,8545,8545,8545,8545,8545,8545,8545,8545,8545,854
Estimated Annual Property Taxes581598616635654674694715736758781804828853879
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,1077,1447,1837,2237,2647,3067,3507,3957,4417,4887,5387,5887,6407,6947,749
Annual Cash Flows 3,3933,7024,0224,3514,6925,0455,4095,7856,1736,5756,9907,4197,8628,3208,793
Expenses (Periodic)
Vacancy Costs84434448463478494510527545563581600620641662
Maintenance & Repairs08138408688979269579881,0211,0551,0901,1261,1631,2011,241
Tenant Placement Credit-43800000000000000
Tenant Placement/Lease Renewal Fees438200200482200200200549200200200625200200200
Total Expenses (Periodic)841,4471,4891,8131,5751,6201,6672,0651,7661,8171,8712,3511,9832,0422,102
Total Return On Investment
Acquisition Down Payment-25,725000000000000025,725
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,3092,2552,5332,5383,1173,4243,7413,7204,4084,7585,1195,0685,8796,2796,691
Tax Savings1,1791,1791,1791,1791,1791,1791,1791,1791,1791,1791,1791,1791,1791,179-11,001
Principal Paydown0000000000000021,177
Estimated Home Price Appreciation 00000000000000135,124
Total Selling, Holding & Closing Costs00000000000000-23,802
Total Capital In/Out-27,7373,4343,7123,7174,2964,6034,9204,8995,5865,9366,2986,2477,0587,457153,914
Total Return On Investment (IRR)22.19%
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.