Property Analysis For: 3008 Knightway Rd
Year123456789101112131415
Revenue
Rental Income13,62014,06914,53415,01315,50916,02116,54917,09517,66018,24218,84419,46620,10920,77221,458
Expenses (Recurring)
Mortgage Payment 7,9587,9587,9587,9587,9587,9587,9587,9587,9587,9587,9587,9587,9587,9587,958
Estimated Annual Property Taxes528544560577594612630649669689710731753775799
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,1589,1949,2319,2709,3099,3499,3919,4349,4789,5249,5719,6199,6699,7219,773
Annual Cash Flows 4,4624,8755,3025,7446,2006,6717,1587,6618,1818,7189,2739,84710,43911,05211,684
Expenses (Periodic)
Vacancy Costs109563581601620641662684706730754779804831858
Maintenance & Repairs01,0551,0901,1261,1631,2021,2411,2821,3241,3681,4131,4601,5081,5581,609
Tenant Placement Credit-56800000000000000
Tenant Placement/Lease Renewal Fees568200200626200200200712200200200811200200200
Total Expenses (Periodic)1091,8181,8712,3521,9842,0422,1032,6782,2312,2982,3673,0502,5122,5892,668
Total Return On Investment
Acquisition Down Payment-34,975000000000000034,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,3533,0573,4313,3924,2164,6295,0554,9835,9506,4206,9066,7977,9278,4639,017
Tax Savings1,6021,6021,6021,6021,6021,6021,6021,6021,6021,6021,6021,6021,6021,602-14,957
Principal Paydown0000000000000028,792
Estimated Home Price Appreciation 00000000000000183,711
Total Selling, Holding & Closing Costs00000000000000-32,361
Total Capital In/Out-35,5204,6605,0334,9945,8196,2316,6576,5857,5538,0238,5098,4009,52910,065209,177
Total Return On Investment (IRR)23.04%
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.