Property Analysis For: 980 Joel Ave
Year123456789101112131415
Revenue
Rental Income13,80014,25514,72615,21215,71416,23216,76817,32117,89318,48319,09319,72320,37421,04721,741
Expenses (Recurring)
Mortgage Payment 7,8797,8797,8797,8797,8797,8797,8797,8797,8797,8797,8797,8797,8797,8797,879
Estimated Annual Property Taxes8829089369649931,0221,0531,0851,1171,1511,1851,2211,2581,2951,334
Estimated Annual Homeowners Insurance6726927137347567798028268518779039309589871,016
Annual Property Mgmt Fee000000000000000
Total Expenses (Recurring)9,4339,4799,5279,5779,6289,6809,7349,7909,8479,9069,96710,03010,09410,16110,229
Annual Cash Flows 4,3674,7765,1985,6356,0866,5527,0347,5318,0468,5779,1269,69410,28010,88611,512
Expenses (Periodic)
Vacancy Costs110570589608629649671693716739764789815842870
Maintenance & Repairs01,0691,1041,1411,1791,2171,2581,2991,3421,3861,4321,4791,5281,5781,631
Tenant Placement Credit-57500000000000000
Tenant Placement/Lease Renewal Fees575200200634200200200722200200200822200200200
Total Expenses (Periodic)1101,8391,8932,3832,0072,0672,1282,7142,2582,3262,3963,0902,5432,6202,700
Total Return On Investment
Acquisition Down Payment-34,625000000000000034,625
Acquisition Closing Costs-6,50000000000000000
Net Rental Income 4,2572,9373,3053,2524,0794,4854,9054,8185,7886,2516,7306,6047,7378,2658,812
Tax Savings1,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,5861,586-14,807
Principal Paydown0000000000000028,504
Estimated Home Price Appreciation 00000000000000181,873
Total Selling, Holding & Closing Costs00000000000000-32,037
Total Capital In/Out-35,2824,5234,8914,8385,6656,0726,4926,4047,3747,8388,3178,1909,3239,852206,969
Total Return On Investment (IRR)22.81%
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.