Property Analysis For: 3449-3451 Arnold Rd
Year123456789101112131415
Revenue
Rental Income21,48022,18922,92123,67724,45925,26626,10026,96127,85128,77029,71930,70031,71332,76033,841
Expenses (Recurring)
Mortgage Payment 12,23312,23312,23312,23312,23312,23312,23312,23312,23312,23312,23312,23312,23312,23312,233
Estimated Annual Property Taxes562579596614633652671691712733755778801825850
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)13,46713,50413,54213,58113,62213,66413,70613,75113,79613,84313,89113,94113,99214,04514,100
Annual Cash Flows 8,0138,6859,37910,09610,83711,60212,39313,21014,05514,92715,82816,75917,72118,71419,741
Expenses (Periodic)
Vacancy Costs1728889179479781,0111,0441,0781,1141,1511,1891,2281,2691,3101,354
Maintenance & Repairs01,6641,7191,7761,8341,8951,9572,0222,0892,1582,2292,3022,3782,4572,538
Tenant Placement Credit-89500000000000000
Tenant Placement/Lease Renewal Fees8952002009872002002001,1232002002001,279200200200
Total Expenses (Periodic)1722,7522,8363,7093,0133,1063,2014,2243,4033,5093,6184,8103,8473,9674,092
Total Return On Investment
Acquisition Down Payment-55,925000000000000055,925
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 7,8415,9336,5436,3877,8248,4979,1928,98610,65211,41812,21011,94913,87414,74715,649
Tax Savings2,5622,5622,5622,5622,5622,5622,5622,5622,5622,5622,5622,5622,5622,562-23,916
Principal Paydown0000000000000047,932
Estimated Home Price Appreciation 00000000000000293,754
Total Selling, Holding & Closing Costs00000000000000-51,745
Total Capital In/Out-52,0218,4959,1058,94910,38711,05911,75411,54913,21413,98114,77214,51216,43617,309337,599
Total Return On Investment (IRR)25.76%
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.