Property Analysis For: 308 Mills St
Year123456789101112131415
Revenue
Rental Income18,60019,21419,84820,50321,17921,87822,60023,34624,11724,91225,73526,58427,46128,36729,303
Expenses (Recurring)
Mortgage Payment 11,01111,01111,01111,01111,01111,01111,01111,01111,01111,01111,01111,01111,01111,01111,011
Estimated Annual Property Taxes8408658919189459741,0031,0331,0641,0961,1291,1631,1981,2341,271
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)12,52312,56812,61512,66312,71312,76412,81612,87012,92612,98413,04313,10413,16713,23113,298
Annual Cash Flows 6,0776,6467,2337,8408,4679,1159,78410,47611,19011,92912,69213,48014,29415,13616,005
Expenses (Periodic)
Vacancy Costs1497697948208478759049349659961,0291,0631,0981,1351,172
Maintenance & Repairs01,4411,4891,5381,5881,6411,6951,7511,8091,8681,9301,9942,0602,1282,198
Tenant Placement Credit-77500000000000000
Tenant Placement/Lease Renewal Fees7752002008542002002009732002002001,108200200200
Total Expenses (Periodic)1492,4102,4833,2122,6362,7162,7993,6582,9733,0653,1594,1653,3583,4623,570
Total Return On Investment
Acquisition Down Payment-49,675000000000000049,675
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,9284,2364,7504,6285,8316,3996,9856,8188,2178,8649,5329,31510,93611,67412,436
Tax Savings2,2762,2762,2762,2762,2762,2762,2762,2762,2762,2762,2762,2762,2762,276-21,243
Principal Paydown0000000000000042,010
Estimated Home Price Appreciation 00000000000000260,925
Total Selling, Holding & Closing Costs00000000000000-45,962
Total Capital In/Out-47,9716,5127,0266,9048,1078,6759,2619,09410,49311,14011,80811,59113,21213,950297,840
Total Return On Investment (IRR)23.61%
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.