Property Analysis For: 2994 Lounette St
Year123456789101112131415
Revenue
Rental Income11,94012,33412,74113,16113,59614,04414,50814,98715,48115,99216,52017,06517,62818,21018,811
Expenses (Recurring)
Mortgage Payment 6,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,5516,551
Estimated Annual Property Taxes7717948188428688949219489771,0061,0361,0671,0991,1321,166
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,9948,0388,0828,1288,1758,2248,2748,3268,3798,4348,4918,5498,6098,6708,734
Annual Cash Flows 3,9464,2964,6595,0335,4205,8206,2346,6617,1027,5588,0298,5169,0209,54010,077
Expenses (Periodic)
Vacancy Costs96493510526544562580599619640661683705728752
Maintenance & Repairs09259569871,0201,0531,0881,1241,1611,1991,2391,2801,3221,3661,411
Tenant Placement Credit-49800000000000000
Tenant Placement/Lease Renewal Fees498200200548200200200624200200200711200200200
Total Expenses (Periodic)961,6181,6652,0621,7641,8151,8682,3481,9802,0392,1002,6742,2272,2942,363
Total Return On Investment
Acquisition Down Payment-29,950000000000000029,950
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,8502,6782,9942,9713,6574,0054,3654,3135,1225,5195,9305,8436,7927,2457,714
Tax Savings1,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,372-12,808
Principal Paydown0000000000000025,669
Estimated Home Price Appreciation 00000000000000157,317
Total Selling, Holding & Closing Costs00000000000000-27,712
Total Capital In/Out-31,2284,0504,3664,3445,0295,3785,7385,6856,4946,8917,3027,2158,1658,618180,130
Total Return On Investment (IRR)22.76%
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.