Property Analysis For: 559 Gainsville Ave
Year123456789101112131415
Revenue
Rental Income12,42012,83013,25313,69114,14214,60915,09115,58916,10416,63517,18417,75118,33718,94219,567
Expenses (Recurring)
Mortgage Payment 7,0717,0717,0717,0717,0717,0717,0717,0717,0717,0717,0717,0717,0717,0717,071
Estimated Annual Property Taxes7277497717948188438688949219499771,0061,0371,0681,100
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)8,4708,5128,5558,5998,6458,6938,7418,7918,8438,8968,9519,0079,0659,1259,187
Annual Cash Flows 3,9504,3184,6985,0915,4975,9176,3506,7987,2617,7398,2338,7449,2719,81710,380
Expenses (Periodic)
Vacancy Costs99513530548566584604624644665687710733758783
Maintenance & Repairs09629941,0271,0611,0961,1321,1691,2081,2481,2891,3311,3751,4211,468
Tenant Placement Credit-51800000000000000
Tenant Placement/Lease Renewal Fees518200200570200200200650200200200740200200200
Total Expenses (Periodic)991,6751,7242,1451,8261,8801,9352,4422,0522,1132,1762,7812,3092,3782,450
Total Return On Investment
Acquisition Down Payment-32,325000000000000032,325
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,8512,6432,9742,9463,6714,0364,4144,3565,2095,6266,0575,9636,9637,4387,930
Tax Savings1,4811,4811,4811,4811,4811,4811,4811,4811,4811,4811,4811,4811,4811,481-13,823
Principal Paydown0000000000000027,705
Estimated Home Price Appreciation 00000000000000169,792
Total Selling, Holding & Closing Costs00000000000000-29,909
Total Capital In/Out-33,4934,1244,4554,4275,1525,5185,8965,8376,6907,1077,5387,4448,4448,919194,019
Total Return On Investment (IRR)22.32%
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.