Property Analysis For: 832 E. Gage Ave
Year123456789101112131415
Revenue
Rental Income11,40011,77612,16512,56612,98113,40913,85214,30914,78115,26915,77316,29316,83117,38617,960
Expenses (Recurring)
Mortgage Payment 6,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,5786,578
Estimated Annual Property Taxes7277497717948188438688949219499771,0061,0371,0681,100
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)7,9778,0198,0628,1068,1528,2008,2488,2988,3508,4038,4588,5148,5728,6328,694
Annual Cash Flows 3,4233,7584,1034,4604,8295,2105,6046,0116,4316,8667,3157,7798,2598,7549,266
Expenses (Periodic)
Vacancy Costs91471487503519536554572591611631652673695718
Maintenance & Repairs08839129429741,0061,0391,0731,1091,1451,1831,2221,2621,3041,347
Tenant Placement Credit-47500000000000000
Tenant Placement/Lease Renewal Fees475200200524200200200596200200200679200200200
Total Expenses (Periodic)911,5541,5991,9691,6931,7421,7932,2421,9001,9562,0142,5532,1362,1992,265
Total Return On Investment
Acquisition Down Payment-29,675000000000000029,675
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 3,3322,2032,5042,4913,1363,4683,8113,7694,5314,9105,3015,2266,1236,5557,001
Tax Savings1,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,3601,360-12,690
Principal Paydown0000000000000025,096
Estimated Home Price Appreciation 00000000000000155,872
Total Selling, Holding & Closing Costs00000000000000-27,457
Total Capital In/Out-31,4833,5633,8643,8514,4954,8275,1705,1295,8916,2706,6616,5867,4837,914177,497
Total Return On Investment (IRR)21.50%
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.