Property Analysis For: 563-565 E. Davant Ave
Year123456789101112131415
Revenue
Rental Income19,80020,45321,12821,82622,54623,29024,05824,85225,67226,52027,39528,29929,23330,19731,194
Expenses (Recurring)
Mortgage Payment 11,42611,42611,42611,42611,42611,42611,42611,42611,42611,42611,42611,42611,42611,42611,426
Estimated Annual Property Taxes1,5161,5611,6081,6571,7061,7571,8101,8641,9201,9782,0372,0982,1612,2262,293
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)13,61413,68013,74813,81713,88913,96314,03914,11714,19814,28114,36714,45514,54614,64014,736
Annual Cash Flows 6,1866,7737,3818,0088,6579,32710,01910,73511,47412,23813,02813,84414,68715,55816,458
Expenses (Periodic)
Vacancy Costs1588188458739029329629941,0271,0611,0961,1321,1691,2081,248
Maintenance & Repairs01,5341,5851,6371,6911,7471,8041,8641,9251,9892,0552,1222,1922,2652,340
Tenant Placement Credit-82500000000000000
Tenant Placement/Lease Renewal Fees8252002009092002002001,0362002002001,179200200200
Total Expenses (Periodic)1582,5522,6303,4192,7932,8782,9673,8943,1523,2503,3504,4333,5623,6733,787
Total Return On Investment
Acquisition Down Payment-51,550000000000000051,550
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 6,0274,2214,7514,5895,8646,4497,0536,8418,3228,9899,6779,41011,12511,88512,671
Tax Savings2,3622,3622,3622,3622,3622,3622,3622,3622,3622,3622,3622,3622,3622,362-22,045
Principal Paydown0000000000000043,596
Estimated Home Price Appreciation 00000000000000270,774
Total Selling, Holding & Closing Costs00000000000000-47,697
Total Capital In/Out-49,6616,5837,1136,9518,2268,8109,4159,20310,68411,35112,03911,77213,48714,247308,848
Total Return On Investment (IRR)23.40%
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.