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 6,2186,2186,2186,2186,2186,2186,2186,2186,2186,2186,2186,2186,2186,2186,218
Estimated Annual Property Taxes581598616635654674694715736758781804828853879
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,4717,5087,5477,5877,6287,6707,7147,7597,8057,8537,9027,9528,0048,0588,113
Annual Cash Flows 3,0293,3383,6573,9874,3284,6805,0445,4215,8096,2116,6267,0557,4987,9568,429
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-27,325000000000000027,325
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 2,9451,8912,1692,1742,7533,0603,3773,3564,0444,3944,7554,7045,5155,9146,327
Tax Savings1,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,252-11,685
Principal Paydown0000000000000022,495
Estimated Home Price Appreciation 00000000000000143,528
Total Selling, Holding & Closing Costs00000000000000-25,283
Total Capital In/Out-29,6283,1433,4213,4264,0054,3124,6294,6085,2965,6466,0075,9566,7677,166162,707
Total Return On Investment (IRR)20.90%
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.