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 8,2518,2518,2518,2518,2518,2518,2518,2518,2518,2518,2518,2518,2518,2518,251
Estimated Annual Property Taxes549565582600618636656675695716738760783806830
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,4729,5099,5479,5859,6259,6679,7099,7539,7989,8449,8929,9419,99210,04410,098
Annual Cash Flows 4,8685,3045,7556,2226,7037,2017,7158,2468,7959,3629,94810,55411,17911,82612,494
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 4,7533,4013,7963,7454,6255,0615,5115,4266,4576,9547,4677,3438,5459,1119,696
Tax Savings1,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,7061,706-15,919
Principal Paydown0000000000000031,481
Estimated Home Price Appreciation 00000000000000195,529
Total Selling, Holding & Closing Costs00000000000000-34,443
Total Capital In/Out-37,2665,1065,5015,4516,3316,7677,2177,1328,1638,6599,1729,04910,25010,816223,570
Total Return On Investment (IRR)23.50%
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.