Property Analysis For: 304 N. Hospital Dr
Year123456789101112131415
Revenue
Rental Income11,70012,08612,48512,89713,32313,76214,21614,68515,17015,67116,18816,72217,27417,84418,433
Expenses (Recurring)
Mortgage Payment 6,9346,9346,9346,9346,9346,9346,9346,9346,9346,9346,9346,9346,9346,9346,934
Estimated Annual Property Taxes1,0511,0831,1151,1481,1831,2181,2551,2931,3311,3711,4121,4551,4981,5431,590
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,6578,7098,7628,8178,8738,9318,9919,0539,1179,1829,2509,3199,3919,4649,540
Annual Cash Flows 3,0433,3773,7234,0804,4494,8315,2255,6326,0536,4896,9387,4037,8838,3808,893
Expenses (Periodic)
Vacancy Costs94483499516533550569587607627648669691714737
Maintenance & Repairs09069369679991,0321,0661,1011,1381,1751,2141,2541,2961,3381,382
Tenant Placement Credit-48800000000000000
Tenant Placement/Lease Renewal Fees488200200537200200200612200200200697200200200
Total Expenses (Periodic)941,5901,6362,0211,7321,7831,8352,3011,9452,0022,0622,6202,1862,2522,320
Total Return On Investment
Acquisition Down Payment-31,700000000000000031,700
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 2,9491,7872,0872,0602,7173,0483,3903,3324,1094,4864,8774,7835,6976,1286,573
Tax Savings1,4521,4521,4521,4521,4521,4521,4521,4521,4521,4521,4521,4521,4521,452-13,556
Principal Paydown0000000000000027,169
Estimated Home Price Appreciation 00000000000000166,509
Total Selling, Holding & Closing Costs00000000000000-29,331
Total Capital In/Out-33,7983,2403,5403,5124,1704,5004,8424,7845,5615,9396,3296,2367,1497,580189,064
Total Return On Investment (IRR)20.26%
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.