Page 6 - 1609 E River Dr Margate
P. 6
Rental Property Calculator
Result
For the 20 Years Invested First Year Income and Expense
12.55% per Monthly Annual
Return (IRR):
year Income: $6,270.00 $75,240.00
Total Profit when Sold: $1,459,871.19 Vacancy (21%): $1,316.70 $15,800.40
Cash on Cash Return: 318.36% Property Tax: $602.08 $7,225.00
Purchase Capitalization 10.62% Total Insurance: $291.67 $3,500.00
Rate: Maintenance Cost: $100.00 $1,200.00
Total Rental Income: $1,597,164.31 Other Cost: $200.00 $2,400.00
Total Expenses: $384,918.11 Cash Flow: $3,759.55 $45,114.60
Total Net Operating Income: $1,212,246.20 Net Operating Income $3,759.55 $45,114.60
(NOI):
First Year Expense Breakdown
8%
4%
12% Vacancy
Property Tax
52%
Total Insurance
24% Maintenance Cost
Other Cost
Breakdown Over Time
If Sold at Year
Cash on
Annual Equity End
Year Mortgage Expenses Cash Flow Cash
Income Accumulated
Return Cash to Return
Receive (IRR)
Begin -$458,565
1. $59,440 $0 $14,325 $45,115 9.84% $437,750 $402,730 -2.34%
2. $61,223 $0 $14,755 $46,468 10.13% $450,883 $414,812 5.34%
3. $63,059 $0 $15,197 $47,862 10.44% $464,409 $427,256 8.02%
4. $64,951 $0 $15,653 $49,298 10.75% $478,341 $440,074 9.38%
5. $66,900 $0 $16,123 $50,777 11.07% $492,691 $453,276 10.20%
6. $68,907 $0 $16,607 $52,300 11.41% $507,472 $466,874 10.74%
7. $70,974 $0 $17,105 $53,869 11.75% $522,696 $480,881 11.13%
8. $73,103 $0 $17,618 $55,485 12.10% $538,377 $495,307 11.42%