Page 4 - 1831 NW 1st Ter Pompano Beach, FL 33060
P. 4

Rental Property Calculator



        Result

        For the 20 Years Invested                              First Year Income and Expense


                                           15.34% per                                        Monthly      Annual
        Return (IRR):
                                           year                 Income:                     $7,350.00 $88,200.00

        Total Profit when Sold:            $1,511,171.13        Vacancy (38%):              $2,793.00 $33,516.00
        Cash on Cash Return:               427.06%              Property Tax:                 $454.75    $5,457.00

        Purchase Capitalization            13.44%               Total Insurance:              $208.33    $2,500.00
        Rate:                                                   Maintenance Cost:             $100.00    $1,200.00

        Total Rental Income:               $1,469,379.56        Other Cost:                   $200.00    $2,400.00
        Total Expenses:                    $310,540.92          Cash Flow:                  $3,593.92 $43,127.00
        Total Net Operating Income:        $1,158,838.64        Net Operating Income        $3,593.92 $43,127.00
                                                                (NOI):


        First Year Expense Breakdown





                                               3% 5%
                                             6%
                                                                      Vacancy
                                          12%
                                                                      Property Tax
                                                                      Total Insurance
                                                      74%             Maintenance Cost
                                                                      Other Cost



        Breakdown Over Time


                                                                                                   If Sold at Year
                                                                  Cash on
               Annual                                Cash                        Equity                 End
        Year                 Mortgage Expenses                    Cash
               Income                                Flow                        Accumulated
                                                                  Return                         Cash to Return
                                                                                                 Receive (IRR)
        Begin                                        -$353,857
            1.     $54,684           $0    $11,557      $43,127        12.19%         $437,750 $402,730 26.00%

            2.     $56,325           $0    $11,904      $44,421        12.55%         $450,883 $414,812 20.18%
            3.     $58,014           $0    $12,261      $45,753        12.93%         $464,409 $427,256 18.31%
            4.     $59,755           $0    $12,629      $47,126        13.32%         $478,341 $440,074 17.39%

            5.     $61,547           $0    $13,008      $48,540        13.72%         $492,691 $453,276 16.84%
            6.     $63,394           $0    $13,398      $49,996        14.13%         $507,472 $466,874 16.48%
            7.     $65,296           $0    $13,800      $51,496        14.55%         $522,696 $480,881 16.23%

            8.     $67,254           $0    $14,214      $53,041        14.99%         $538,377 $495,307 16.05%
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