Property Analysis For: 3406 Forrester Rd
Year123456789101112131415
Revenue
Rental Income12,30012,70613,12513,55814,00614,46814,94515,43915,94816,47417,01817,58018,16018,75919,378
Expenses (Recurring)
Mortgage Payment 6,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,8216,821
Estimated Annual Property Taxes7717948188428688949219489771,0061,0361,0671,0991,1321,166
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,2648,3078,3528,3978,4458,4938,5448,5958,6498,7038,7608,8188,8788,9409,003
Annual Cash Flows 4,0364,3994,7745,1615,5615,9746,4026,8437,2997,7718,2588,7619,2829,81910,375
Expenses (Periodic)
Vacancy Costs98508525542560579598618638659681703726750775
Maintenance & Repairs09539841,0171,0501,0851,1211,1581,1961,2361,2761,3181,3621,4071,453
Tenant Placement Credit-51300000000000000
Tenant Placement/Lease Renewal Fees513200200565200200200643200200200732200200200
Total Expenses (Periodic)981,6611,7092,1241,8111,8641,9192,4192,0342,0952,1572,7542,2882,3572,428
Total Return On Investment
Acquisition Down Payment-29,975000000000000029,975
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,9382,7383,0643,0373,7504,1114,4834,4255,2655,6766,1016,0076,9937,4627,946
Tax Savings1,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,3731,373-12,818
Principal Paydown0000000000000024,676
Estimated Home Price Appreciation 00000000000000157,448
Total Selling, Holding & Closing Costs00000000000000-27,735
Total Capital In/Out-31,1644,1114,4384,4105,1245,4845,8565,7986,6397,0507,4747,3818,3678,835179,492
Total Return On Investment (IRR)22.97%
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.