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 6,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,6396,639
Estimated Annual Property Taxes7717948188428688949219489771,0061,0361,0671,0991,1321,166
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,0828,1258,1708,2158,2638,3118,3628,4138,4678,5218,5788,6368,6968,7588,821
Annual Cash Flows 3,8584,2094,5724,9465,3335,7336,1466,5737,0157,4717,9428,4298,9329,4529,990
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 3,7632,5912,9062,8843,5703,9184,2784,2255,0345,4325,8425,7556,7057,1587,626
Tax Savings1,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,3721,372-12,808
Principal Paydown0000000000000025,329
Estimated Home Price Appreciation 00000000000000157,317
Total Selling, Holding & Closing Costs00000000000000-27,712
Total Capital In/Out-31,3153,9634,2794,2564,9425,2905,6505,5986,4076,8047,2147,1288,0778,530179,702
Total Return On Investment (IRR)22.53%
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.