Property Analysis For: 3356 Rochester Rd
Year123456789101112131415
Revenue
Rental Income10,98011,34211,71712,10312,50312,91513,34113,78214,23714,70615,19215,69316,21116,74617,298
Expenses (Recurring)
Mortgage Payment 6,1216,1216,1216,1216,1216,1216,1216,1216,1216,1216,1216,1216,1216,1216,121
Estimated Annual Property Taxes399411423436449463476491505521536552569586604
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,1927,2247,2577,2917,3267,3637,4007,4387,4787,5187,5607,6037,6487,6947,741
Annual Cash Flows 3,7884,1184,4594,8125,1765,5535,9426,3446,7597,1887,6318,0908,5639,0529,558
Expenses (Periodic)
Vacancy Costs88454469484500517534551569588608628648670692
Maintenance & Repairs08518799089389691,0011,0341,0681,1031,1391,1771,2161,2561,297
Tenant Placement Credit-45800000000000000
Tenant Placement/Lease Renewal Fees458200200504200200200574200200200654200200200
Total Expenses (Periodic)881,5041,5471,8961,6381,6851,7342,1591,8371,8911,9472,4592,0642,1262,189
Total Return On Investment
Acquisition Down Payment-26,900000000000000026,900
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,7002,6142,9122,9163,5393,8674,2074,1844,9225,2975,6845,6316,4996,9267,368
Tax Savings1,2331,2331,2331,2331,2331,2331,2331,2331,2331,2331,2331,2331,2331,233-11,503
Principal Paydown0000000000000022,145
Estimated Home Price Appreciation 00000000000000141,296
Total Selling, Holding & Closing Costs00000000000000-24,890
Total Capital In/Out-28,4673,8464,1454,1484,7715,1005,4405,4176,1546,5296,9176,8637,7318,159161,316
Total Return On Investment (IRR)23.10%
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.