Property Analysis For: 2982 Southwall St
Year123456789101112131415
Revenue
Rental Income10,74011,09411,46111,83912,22912,63313,05013,48113,92514,38514,86015,35015,85716,38016,920
Expenses (Recurring)
Mortgage Payment 6,1326,1326,1326,1326,1326,1326,1326,1326,1326,1326,1326,1326,1326,1326,132
Estimated Annual Property Taxes656676696717738760783807831856882908935963992
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,4607,5007,5417,5837,6277,6727,7187,7667,8157,8657,9177,9718,0268,0838,141
Annual Cash Flows 3,2803,5943,9194,2554,6024,9615,3325,7156,1116,5206,9437,3797,8318,2978,779
Expenses (Periodic)
Vacancy Costs86444458474489505522539557575594614634655677
Maintenance & Repairs08328608889179479791,0111,0441,0791,1141,1511,1891,2281,269
Tenant Placement Credit-44800000000000000
Tenant Placement/Lease Renewal Fees448200200493200200200562200200200640200200200
Total Expenses (Periodic)861,4761,5181,8551,6061,6531,7012,1121,8011,8541,9092,4052,0242,0842,146
Total Return On Investment
Acquisition Down Payment-26,950000000000000026,950
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,1942,1182,4012,4012,9963,3083,6313,6034,3094,6665,0344,9755,8076,2146,633
Tax Savings1,2351,2351,2351,2351,2351,2351,2351,2351,2351,2351,2351,2351,2351,235-11,525
Principal Paydown0000000000000022,186
Estimated Home Price Appreciation 00000000000000141,559
Total Selling, Holding & Closing Costs00000000000000-24,936
Total Capital In/Out-29,0213,3533,6363,6354,2314,5434,8664,8385,5445,9006,2696,2097,0427,448160,867
Total Return On Investment (IRR)21.60%
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.