Property Analysis For: 305 Sparrow Rd
Year123456789101112131415
Revenue
Rental Income19,14019,77220,42421,09821,79422,51423,25624,02424,81725,63626,48227,35628,25829,19130,154
Expenses (Recurring)
Mortgage Payment 13,02713,02713,02713,02713,02713,02713,02713,02713,02713,02713,02713,02713,02713,02713,027
Estimated Annual Property Taxes1,1171,1511,1851,2211,2571,2951,3341,3741,4151,4571,5011,5461,5931,6401,690
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)14,81614,87014,92514,98215,04015,10115,16315,22715,29315,36115,43115,50315,57815,65415,733
Annual Cash Flows 4,3244,9025,4996,1166,7547,4138,0938,7979,52410,27511,05011,85212,68113,53714,421
Expenses (Periodic)
Vacancy Costs1537918178448729019309619931,0251,0591,0941,1301,1681,206
Maintenance & Repairs01,4831,5321,5821,6351,6891,7441,8021,8611,9231,9862,0522,1192,1892,262
Tenant Placement Credit-79800000000000000
Tenant Placement/Lease Renewal Fees7982002008792002002001,0012002002001,140200200200
Total Expenses (Periodic)1532,4742,5493,3052,7062,7892,8743,7643,0543,1483,2454,2863,4503,5573,668
Total Return On Investment
Acquisition Down Payment-57,250000000000000057,250
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,1712,4282,9502,8114,0484,6245,2195,0336,4707,1267,8057,5679,2319,98010,753
Tax Savings2,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,6232,623-24,482
Principal Paydown0000000000000047,130
Estimated Home Price Appreciation 00000000000000347,631
Total Selling, Holding & Closing Costs00000000000000-52,971
Total Capital In/Out-56,9565,0515,5745,4346,6717,2477,8427,6569,0939,75010,42810,19011,85412,603385,310
Total Return On Investment (IRR)20.99%
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.