Property Analysis For: 4823 Summerlane Ave
Year123456789101112131415
Revenue
Rental Income16,50017,04517,60718,18818,78819,40820,04920,71021,39422,10022,82923,58224,36125,16425,995
Expenses (Recurring)
Mortgage Payment 9,2869,2869,2869,2869,2869,2869,2869,2869,2869,2869,2869,2869,2869,2869,286
Estimated Annual Property Taxes1,5931,6411,6901,7411,7931,8471,9021,9592,0182,0792,1412,2052,2712,3392,410
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)11,55111,61811,68811,76111,83511,91111,99012,07112,15512,24112,32912,42112,51512,61212,712
Annual Cash Flows 4,9495,4265,9196,4276,9537,4978,0598,6399,2399,85910,50011,16211,84612,55313,283
Expenses (Periodic)
Vacancy Costs1326827047287527768028288568849139439741,0071,040
Maintenance & Repairs01,2781,3211,3641,4091,4561,5041,5531,6051,6571,7121,7691,8271,8871,950
Tenant Placement Credit-68800000000000000
Tenant Placement/Lease Renewal Fees688200200758200200200863200200200983200200200
Total Expenses (Periodic)1322,1602,2252,8492,3612,4322,5063,2452,6602,7412,8253,6953,0013,0943,189
Total Return On Investment
Acquisition Down Payment-42,450000000000000042,450
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,8173,2663,6943,5784,5935,0655,5535,3956,5797,1177,6747,4678,8449,45910,094
Tax Savings1,9451,9451,9451,9451,9451,9451,9451,9451,9451,9451,9451,9451,9451,945-18,153
Principal Paydown0000000000000036,383
Estimated Home Price Appreciation 00000000000000222,975
Total Selling, Holding & Closing Costs00000000000000-39,277
Total Capital In/Out-42,1885,2115,6395,5236,5387,0107,4987,3398,5249,0629,6199,41210,78911,404254,470
Total Return On Investment (IRR)22.58%
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.