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 6,2996,2996,2996,2996,2996,2996,2996,2996,2996,2996,2996,2996,2996,2996,299
Estimated Annual Property Taxes581598616635654674694715736758781804828853879
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,5527,5897,6287,6687,7097,7517,7957,8407,8867,9347,9838,0338,0858,1398,194
Annual Cash Flows 2,9483,2573,5763,9064,2474,5994,9635,3405,7286,1306,5456,9747,4177,8758,348
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 2,8641,8102,0882,0932,6722,9793,2963,2753,9634,3134,6744,6235,4345,8336,246
Tax Savings1,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,2521,252-11,685
Principal Paydown0000000000000022,192
Estimated Home Price Appreciation 00000000000000143,528
Total Selling, Holding & Closing Costs00000000000000-25,283
Total Capital In/Out-29,7093,0623,3403,3453,9244,2314,5484,5275,2155,5655,9265,8756,6867,085162,323
Total Return On Investment (IRR)20.68%
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.