Property Analysis For: 3478 Gowan Dr
Year123456789101112131415
Revenue
Rental Income13,80014,25514,72615,21215,71416,23216,76817,32117,89318,48319,09319,72320,37421,04721,741
Expenses (Recurring)
Mortgage Payment 7,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,5747,574
Estimated Annual Property Taxes8849119389669951,0251,0561,0871,1201,1531,1881,2241,2601,2981,337
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,1309,1779,2259,2749,3259,3789,4329,4889,5459,6049,6659,7289,7929,8599,927
Annual Cash Flows 4,6705,0795,5015,9386,3896,8557,3367,8348,3488,8799,4289,99610,58211,18811,814
Expenses (Periodic)
Vacancy Costs110570589608629649671693716739764789815842870
Maintenance & Repairs01,0691,1041,1411,1791,2171,2581,2991,3421,3861,4321,4791,5281,5781,631
Tenant Placement Credit-57500000000000000
Tenant Placement/Lease Renewal Fees575200200634200200200722200200200822200200200
Total Expenses (Periodic)1101,8391,8932,3832,0072,0672,1282,7142,2582,3262,3963,0902,5432,6202,700
Total Return On Investment
Acquisition Down Payment-34,625000000000000034,625
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,5603,2393,6083,5544,3824,7885,2085,1206,0906,5547,0336,9068,0398,5679,114
Tax Savings1,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,586-14,807
Principal Paydown0000000000000029,676
Estimated Home Price Appreciation 00000000000000181,873
Total Selling, Holding & Closing Costs00000000000000-32,037
Total Capital In/Out-34,9794,8265,1945,1415,9686,3746,7946,7077,6778,1408,6198,4929,62510,154208,443
Total Return On Investment (IRR)23.51%
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.