Property Analysis For: 4716 Manchester Dr
Year123456789101112131415
Revenue
Rental Income19,14019,77220,42421,09821,79422,51423,25624,02424,81725,63626,48227,35628,25829,19130,154
Expenses (Recurring)
Mortgage Payment 12,29912,29912,29912,29912,29912,29912,29912,29912,29912,29912,29912,29912,29912,29912,299
Estimated Annual Property Taxes1,1171,1511,1851,2211,2571,2951,3341,3741,4151,4571,5011,5461,5931,6401,690
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)14,08814,14114,19714,25414,31214,37314,43514,49914,56514,63314,70314,77514,84914,92615,005
Annual Cash Flows 5,0525,6306,2276,8457,4828,1418,8229,52510,25211,00311,77912,58113,40914,26515,149
Expenses (Periodic)
Vacancy Costs1537918178448729019309619931,0251,0591,0941,1301,1681,206
Maintenance & Repairs01,4831,5321,5821,6351,6891,7441,8021,8611,9231,9862,0522,1192,1892,262
Tenant Placement Credit-79800000000000000
Tenant Placement/Lease Renewal Fees7982002008792002002001,0012002002001,140200200200
Total Expenses (Periodic)1532,4742,5493,3052,7062,7892,8743,7643,0543,1483,2454,2863,4503,5573,668
Total Return On Investment
Acquisition Down Payment-56,225000000000000056,225
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,8993,1573,6793,5394,7765,3525,9475,7617,1987,8558,5338,2959,95910,70811,482
Tax Savings2,5762,5762,5762,5762,5762,5762,5762,5762,5762,5762,5762,5762,5762,576-24,044
Principal Paydown0000000000000048,189
Estimated Home Price Appreciation 00000000000000341,407
Total Selling, Holding & Closing Costs00000000000000-52,023
Total Capital In/Out-55,2505,7336,2556,1157,3527,9288,5238,3379,77410,43111,10910,87112,53513,284381,235
Total Return On Investment (IRR)22.01%
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.