Property Analysis | 1309-1311 S. Barksdale St

Property Analysis For: 1309-1311 S. Barksdale St

Year	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15

Revenue
Rental Income	22,200	22,933	23,689	24,471	25,279	26,113	26,975	27,865	28,784	29,734	30,715	31,729	32,776	33,858	34,975

Expenses (Recurring)
Mortgage Payment	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414	13,414
Estimated Annual Property Taxes	1,562	1,609	1,657	1,707	1,758	1,811	1,865	1,921	1,979	2,038	2,099	2,162	2,227	2,294	2,363
Estimated Annual Homeowners Insurance	672	692	713	734	756	779	802	826	851	877	903	930	958	987	1,016
Annual Property Mgmt Fee	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Expenses (Recurring)	15,648	15,715	15,784	15,855	15,929	16,004	16,082	16,162	16,244	16,329	16,417	16,507	16,599	16,695	16,793
Annual Cash Flows	6,552	7,217	7,905	8,616	9,350	10,109	10,893	11,703	12,540	13,405	14,299	15,222	16,177	17,163	18,182

Expenses (Periodic)
Vacancy Costs	178	917	948	979	1,011	1,045	1,079	1,115	1,151	1,189	1,229	1,269	1,311	1,354	1,399
Maintenance & Repairs	0	1,720	1,777	1,835	1,896	1,958	2,023	2,090	2,159	2,230	2,304	2,380	2,458	2,539	2,623
Tenant Placement Credit	-925	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	925	200	200	1,020	200	200	200	1,161	200	200	200	1,322	200	200	200
Total Expenses (Periodic)	178	2,837	2,924	3,834	3,107	3,203	3,302	4,365	3,510	3,619	3,732	4,971	3,969	4,094	4,222

Total Return On Investment
Acquisition Down Payment	-57,450	0	0	0	0	0	0	0	0	0	0	0	0	0	57,450
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	6,374	4,380	4,981	4,782	6,243	6,906	7,591	7,337	9,030	9,786	10,567	10,251	12,207	13,069	13,959
Tax Savings	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	-24,568
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	46,025
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	301,764
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-53,156
Total Capital In/Out	-54,944	7,012	7,613	7,414	8,875	9,538	10,223	9,970	11,662	12,418	13,199	12,884	14,840	15,701	341,475
Total Return On Investment (IRR)	23.14%

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.