Property Analysis For: 69 N Meadowcliff Dr
Year123456789101112131415
Revenue
Rental Income15,54016,05316,58317,13017,69518,27918,88219,50520,14920,81421,50122,21022,94323,70024,482
Expenses (Recurring)
Mortgage Payment 8,9228,9228,9228,9228,9228,9228,9228,9228,9228,9228,9228,9228,9228,9228,922
Estimated Annual Property Taxes8028268518769039309589861,0161,0461,0781,1101,1431,1781,213
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)10,39610,44010,48610,53210,58110,63110,68210,73510,78910,84510,90310,96211,02311,08611,151
Annual Cash Flows 5,1445,6136,0976,5977,1147,6488,2008,7719,3609,96910,59811,24811,92012,61413,331
Expenses (Periodic)
Vacancy Costs124642663685708731755780806833860888918948979
Maintenance & Repairs01,2041,2441,2851,3271,3711,4161,4631,5111,5611,6131,6661,7211,7781,836
Tenant Placement Credit-64800000000000000
Tenant Placement/Lease Renewal Fees648200200714200200200813200200200925200200200
Total Expenses (Periodic)1242,0462,1072,6842,2352,3022,3713,0562,5172,5942,6733,4802,8382,9263,015
Total Return On Investment
Acquisition Down Payment-40,250000000000000040,250
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 5,0203,5673,9903,9144,8795,3465,8295,7156,8437,3757,9267,7699,0819,68810,316
Tax Savings1,8441,8441,8441,8441,8441,8441,8441,8441,8441,8441,8441,8441,8441,844-17,212
Principal Paydown0000000000000034,039
Estimated Home Price Appreciation 00000000000000211,419
Total Selling, Holding & Closing Costs00000000000000-37,242
Total Capital In/Out-39,8865,4115,8345,7586,7247,1917,6737,5598,6879,2209,7709,61310,92611,533241,569
Total Return On Investment (IRR)23.46%
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.