Page 4 - 5920 NE 2nd Ter Oakland Park, FL 33334
P. 4

Rental Property Calculator



        Result

        For the 20 Years Invested                              First Year Income and Expense


                                           14.53% per                                        Monthly      Annual
        Return (IRR):
                                           year                 Income:                     $7,170.00 $86,040.00

        Total Profit when Sold:            $1,548,175.86        Vacancy (30%):              $2,151.00 $25,812.00
        Cash on Cash Return:               378.41%              Property Tax:                 $532.67    $6,392.00

        Purchase Capitalization            12.70%               Total Insurance:              $208.33    $2,500.00
        Rate:                                                   Maintenance Cost:             $100.00    $1,200.00

        Total Rental Income:               $1,618,348.91        Other Cost:                   $200.00    $2,400.00
        Total Expenses:                    $335,664.72          Cash Flow:                  $3,978.00 $47,736.00
        Total Net Operating Income:        $1,282,684.20        Net Operating Income        $3,978.00 $47,736.00
                                                                (NOI):


        First Year Expense Breakdown




                                                6%
                                              3%
                                            7%
                                                                      Vacancy
                                          17%                         Property Tax
                                                                      Total Insurance
                                                      67%
                                                                      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                                        -$409,127
            1.     $60,228           $0    $12,492      $47,736         11.67%        $418,180 $384,726      5.70%

            2.     $62,035           $0    $12,867      $49,168        12.02%         $430,725 $396,267 10.34%
            3.     $63,896           $0    $13,253      $50,643        12.38%         $443,647 $408,155 11.92%
            4.     $65,813           $0    $13,650      $52,162        12.75%         $456,957 $420,400 12.72%

            5.     $67,787           $0    $14,060      $53,727        13.13%         $470,665 $433,012 13.20%
            6.     $69,821           $0    $14,482      $55,339        13.53%         $484,785 $446,002 13.51%
            7.     $71,915           $0    $14,916      $56,999        13.93%         $499,329 $459,382 13.74%

            8.     $74,073           $0    $15,364      $58,709        14.35%         $514,309 $473,164 13.90%
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