Property Analysis For: 507 E. Palm St
Year123456789101112131415
Revenue
Rental Income14,34014,81315,30215,80716,32916,86817,42417,99918,59319,20719,84020,49521,17221,87022,592
Expenses (Recurring)
Mortgage Payment 8,1438,1438,1438,1438,1438,1438,1438,1438,1438,1438,1438,1438,1438,1438,143
Estimated Annual Property Taxes549565582600618636656675695716738760783806830
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,3649,4009,4389,4779,5179,5589,6019,6449,6899,7369,7849,8339,8839,9369,989
Annual Cash Flows 4,9765,4135,8646,3306,8127,3097,8248,3558,9049,47110,05710,66211,28811,93512,602
Expenses (Periodic)
Vacancy Costs115593612632653675697720744768794820847875904
Maintenance & Repairs01,1111,1481,1861,2251,2651,3071,3501,3941,4411,4881,5371,5881,6401,694
Tenant Placement Credit-59800000000000000
Tenant Placement/Lease Renewal Fees598200200659200200200750200200200854200200200
Total Expenses (Periodic)1151,9041,9602,4762,0782,1402,2042,8202,3382,4092,4823,2112,6352,7152,798
Total Return On Investment
Acquisition Down Payment-37,225000000000000037,225
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,8623,5093,9043,8544,7345,1705,6205,5356,5667,0627,5757,4528,6539,2199,804
Tax Savings1,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,706-15,919
Principal Paydown0000000000000031,904
Estimated Home Price Appreciation 00000000000000195,529
Total Selling, Holding & Closing Costs00000000000000-34,443
Total Capital In/Out-37,1585,2155,6105,5596,4406,8757,3257,2418,2718,7689,2819,15710,35910,925224,102
Total Return On Investment (IRR)23.75%
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.