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 15,40015,40015,40015,40015,40015,40015,40015,40015,40015,40015,40015,40015,40015,40015,400
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)17,64217,70917,77817,85017,92317,99918,07718,15718,24018,32518,41318,50318,59618,69218,791
Annual Cash Flows 11,03811,91712,82613,76414,73415,73616,77117,84118,94620,08821,26822,48723,74725,04826,393
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 10,8098,3109,1068,81210,77911,65712,56412,20114,47015,47116,50516,06518,67719,81820,997
Tax Savings3,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,1833,183-29,710
Principal Paydown0000000000000058,755
Estimated Home Price Appreciation 00000000000000364,927
Total Selling, Holding & Closing Costs00000000000000-64,283
Total Capital In/Out-61,98311,49412,29011,99513,96214,84015,74715,38517,65318,65419,68819,24921,86123,001420,161
Total Return On Investment (IRR)27.59%
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.