Property Analysis For: 308 Delta Rd
Year123456789101112131415
Revenue
Rental Income10,74011,09411,46111,83912,22912,63313,05013,48113,92514,38514,86015,35015,85716,38016,920
Expenses (Recurring)
Mortgage Payment 6,1956,1956,1956,1956,1956,1956,1956,1956,1956,1956,1956,1956,1956,1956,195
Estimated Annual Property Taxes530546562579597614633652671692712734756778802
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,3977,4337,4717,5097,5487,5897,6317,6747,7187,7647,8117,8597,9097,9618,013
Annual Cash Flows 3,3433,6613,9904,3304,6815,0445,4195,8076,2076,6217,0497,4917,9478,4198,907
Expenses (Periodic)
Vacancy Costs86444458474489505522539557575594614634655677
Maintenance & Repairs08328608889179479791,0111,0441,0791,1141,1511,1891,2281,269
Tenant Placement Credit-44800000000000000
Tenant Placement/Lease Renewal Fees448200200493200200200562200200200640200200200
Total Expenses (Periodic)861,4761,5181,8551,6061,6531,7012,1121,8011,8541,9092,4052,0242,0842,146
Total Return On Investment
Acquisition Down Payment-27,950000000000000027,950
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,2572,1852,4722,4753,0753,3913,7193,6954,4064,7675,1405,0865,9246,3366,761
Tax Savings1,2811,2811,2811,2811,2811,2811,2811,2811,2811,2811,2811,2811,2811,281-11,952
Principal Paydown0000000000000023,637
Estimated Home Price Appreciation 00000000000000146,811
Total Selling, Holding & Closing Costs00000000000000-25,861
Total Capital In/Out-29,9133,4663,7533,7564,3554,6724,9994,9765,6876,0486,4216,3677,2057,616167,346
Total Return On Investment (IRR)21.64%
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.