Property Analysis For: 3006 Danville Rd
Year123456789101112131415
Revenue
Rental Income15,00015,49516,00616,53517,08017,64418,22618,82819,44920,09120,75421,43922,14622,87723,632
Expenses (Recurring)
Mortgage Payment 8,5428,5428,5428,5428,5428,5428,5428,5428,5428,5428,5428,5428,5428,5428,542
Estimated Annual Property Taxes1,2551,2931,3311,3711,4131,4551,4991,5431,5901,6371,6871,7371,7891,8431,898
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)10,46910,52710,58610,64710,71110,77610,84310,91210,98311,05611,13211,20911,28911,37211,457
Annual Cash Flows 4,5314,9685,4205,8876,3706,8687,3837,9168,4669,0359,62210,22910,85711,50512,175
Expenses (Periodic)
Vacancy Costs120620640661683706729753778804830858886915945
Maintenance & Repairs01,1621,2001,2401,2811,3231,3671,4121,4591,5071,5571,6081,6611,7161,772
Tenant Placement Credit-62500000000000000
Tenant Placement/Lease Renewal Fees625200200689200200200784200200200893200200200
Total Expenses (Periodic)1201,9822,0412,5902,1642,2292,2962,9502,4372,5102,5873,3592,7472,8312,918
Total Return On Investment
Acquisition Down Payment-39,050000000000000039,050
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,4112,9863,3793,2974,2054,6395,0874,9666,0296,5247,0356,8718,1108,6749,258
Tax Savings1,7891,7891,7891,7891,7891,7891,7891,7891,7891,7891,7891,7891,7891,789-16,699
Principal Paydown0000000000000033,469
Estimated Home Price Appreciation 00000000000000205,116
Total Selling, Holding & Closing Costs00000000000000-36,132
Total Capital In/Out-39,3504,7765,1695,0865,9956,4286,8776,7557,8198,3138,8258,6609,89910,464234,061
Total Return On Investment (IRR)22.35%
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.