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%
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