Property Analysis For: 3761 Skylark Dr
Year123456789101112131415
Revenue
Rental Income15,00015,49516,00616,53517,08017,64418,22618,82819,44920,09120,75421,43922,14622,87723,632
Expenses (Recurring)
Mortgage Payment 8,3628,3628,3628,3628,3628,3628,3628,3628,3628,3628,3628,3628,3628,3628,362
Estimated Annual Property Taxes7677908148388638899169439721,0011,0311,0621,0941,1261,160
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,8019,8449,8899,9359,98210,03010,08110,13210,18510,24010,29610,35410,41410,47510,539
Annual Cash Flows 5,1995,6516,1176,6007,0987,6138,1468,6959,2649,85110,45711,08411,73212,40113,093
Expenses (Periodic)
Vacancy Costs120620640661683706729753778804830858886915945
Maintenance & Repairs01,1621,2001,2401,2811,3231,3671,4121,4591,5071,5571,6081,6611,7161,772
Tenant Placement Credit-62500000000000000
Tenant Placement/Lease Renewal Fees625200200689200200200784200200200893200200200
Total Expenses (Periodic)1201,9822,0412,5902,1642,2292,2962,9502,4372,5102,5873,3592,7472,8312,918
Total Return On Investment
Acquisition Down Payment-36,750000000000000036,750
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,0793,6694,0774,0094,9345,3845,8505,7466,8277,3407,8717,7268,9859,57010,175
Tax Savings1,6841,6841,6841,6841,6841,6841,6841,6841,6841,6841,6841,6841,6841,684-15,716
Principal Paydown0000000000000030,254
Estimated Home Price Appreciation 00000000000000193,034
Total Selling, Holding & Closing Costs00000000000000-34,003
Total Capital In/Out-36,4875,3525,7615,6936,6187,0687,5337,4308,5119,0249,5559,40910,66911,254220,494
Total Return On Investment (IRR)24.27%
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.