Property Analysis For: 3026 Knightway Rd
Year123456789101112131415
Revenue
Rental Income13,80014,25514,72615,21215,71416,23216,76817,32117,89318,48319,09319,72320,37421,04721,741
Expenses (Recurring)
Mortgage Payment 7,6917,6917,6917,6917,6917,6917,6917,6917,6917,6917,6917,6917,6917,6917,691
Estimated Annual Property Taxes1,1911,2271,2641,3011,3401,3811,4221,4651,5091,5541,6011,6491,6981,7491,801
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,5549,6109,6679,7279,7889,8519,9169,98210,05110,12210,19510,27010,34710,42710,509
Annual Cash Flows 4,2464,6465,0585,4855,9266,3826,8527,3397,8428,3628,8999,45410,02710,62011,232
Expenses (Periodic)
Vacancy Costs110570589608629649671693716739764789815842870
Maintenance & Repairs01,0691,1041,1411,1791,2171,2581,2991,3421,3861,4321,4791,5281,5781,631
Tenant Placement Credit-57500000000000000
Tenant Placement/Lease Renewal Fees575200200634200200200722200200200822200200200
Total Expenses (Periodic)1101,8391,8932,3832,0072,0672,1282,7142,2582,3262,3963,0902,5432,6202,700
Total Return On Investment
Acquisition Down Payment-33,800000000000000033,800
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,1362,8063,1653,1023,9194,3154,7244,6255,5846,0366,5036,3647,4847,9998,532
Tax Savings1,5491,5491,5491,5491,5491,5491,5491,5491,5491,5491,5491,5491,5491,549-14,454
Principal Paydown0000000000000027,825
Estimated Home Price Appreciation 00000000000000177,539
Total Selling, Holding & Closing Costs00000000000000-31,274
Total Capital In/Out-34,6164,3554,7144,6515,4685,8646,2736,1747,1337,5858,0527,9129,0339,548201,968
Total Return On Investment (IRR)22.61%
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.