Property Analysis For: 344-346 Flynn Rd
Year123456789101112131415
Revenue
Rental Income15,60016,11516,64717,19617,76318,35018,95519,58120,22720,89421,58422,29623,03223,79224,577
Expenses (Recurring)
Mortgage Payment 8,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,6988,698
Estimated Annual Property Taxes6756957167387607838068308558819079349629911,021
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)10,04510,08510,12710,17010,21410,25910,30610,35510,40410,45510,50810,56210,61810,67610,735
Annual Cash Flows 5,5556,0306,5207,0267,5498,0908,6499,2269,82310,43911,07611,73412,41313,11613,842
Expenses (Periodic)
Vacancy Costs125645666688711734758783809836863892921952983
Maintenance & Repairs01,2091,2481,2901,3321,3761,4221,4691,5171,5671,6191,6721,7271,7841,843
Tenant Placement Credit-65000000000000000
Tenant Placement/Lease Renewal Fees650200200716200200200816200200200929200200200
Total Expenses (Periodic)1252,0532,1142,6942,2432,3102,3803,0682,5262,6032,6823,4932,8492,9363,026
Total Return On Investment
Acquisition Down Payment-38,225000000000000038,225
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,4303,9764,4054,3325,3075,7806,2696,1587,2967,8368,3948,2419,56510,18010,815
Tax Savings1,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,7511,751-16,346
Principal Paydown0000000000000031,468
Estimated Home Price Appreciation 00000000000000200,782
Total Selling, Holding & Closing Costs00000000000000-35,368
Total Capital In/Out-37,5435,7286,1576,0847,0587,5318,0207,9109,0489,58710,1459,99211,31611,931229,576
Total Return On Investment (IRR)24.75%
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.