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	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475	12,475
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)	14,709	14,776	14,845	14,917	14,990	15,065	15,143	15,223	15,305	15,390	15,478	15,568	15,661	15,756	15,855
Annual Cash Flows	7,491	8,156	8,844	9,555	10,289	11,048	11,832	12,642	13,479	14,344	15,238	16,161	17,115	18,102	19,120

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	-57,800	0	0	0	0	0	0	0	0	0	0	0	0	0	57,800
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	7,313	5,319	5,920	5,721	7,182	7,845	8,530	8,276	9,969	10,724	11,505	11,190	13,146	14,008	14,898
Tax Savings	2,648	2,648	2,648	2,648	2,648	2,648	2,648	2,648	2,648	2,648	2,648	2,648	2,648	2,648	-24,717
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	50,201
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	303,603
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-53,480
Total Capital In/Out	-54,339	7,967	8,568	8,369	9,830	10,493	11,178	10,925	12,617	13,373	14,154	13,839	15,795	16,656	348,305
Total Return On Investment (IRR)	24.49%

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.