Property Analysis For: 3753-3755 Firethorne Dr
Year123456789101112131415
Revenue
Rental Income28,68029,62630,60431,61432,65733,73534,84835,99837,18638,41339,68140,99042,34343,74045,184
Expenses (Recurring)
Mortgage Payment 15,19715,19715,19715,19715,19715,19715,19715,19715,19715,19715,19715,19715,19715,19715,197
Estimated Annual Property Taxes1,5701,6171,6661,7161,7671,8201,8751,9311,9892,0482,1102,1732,2382,3062,375
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)17,43917,50617,57517,64717,72017,79617,87417,95418,03718,12218,21018,30018,39418,48918,588
Annual Cash Flows 11,24112,12013,02913,96714,93715,93916,97418,04419,14920,29121,47122,69023,95025,25126,596
Expenses (Periodic)
Vacancy Costs2291,1851,2241,2651,3061,3491,3941,4401,4871,5371,5871,6401,6941,7501,807
Maintenance & Repairs02,2222,2952,3712,4492,5302,6142,7002,7892,8812,9763,0743,1763,2813,389
Tenant Placement Credit-1,19500000000000000
Tenant Placement/Lease Renewal Fees1,1952002001,3172002002001,5002002002001,708200200200
Total Expenses (Periodic)2293,6073,7194,9533,9564,0804,2085,6404,4764,6184,7636,4225,0695,2305,396
Total Return On Investment
Acquisition Down Payment-69,475000000000000069,475
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 11,0128,5139,3099,01410,98111,85912,76712,40414,67315,67416,70816,26818,88020,02121,200
Tax Savings3,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,183-29,710
Principal Paydown0000000000000059,545
Estimated Home Price Appreciation 00000000000000364,927
Total Selling, Holding & Closing Costs00000000000000-64,283
Total Capital In/Out-61,78011,69612,49212,19814,16515,04315,95015,58717,85618,85719,89119,45122,06323,204421,154
Total Return On Investment (IRR)27.88%
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.