Property Analysis | 1400 Hanger St

Property Analysis For: 1400 Hanger St

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

Revenue
Rental Income	15,540	16,053	16,583	17,130	17,695	18,279	18,882	19,505	20,149	20,814	21,501	22,210	22,943	23,700	24,482

Expenses (Recurring)
Mortgage Payment	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000
Estimated Annual Property Taxes	922	950	978	1,007	1,038	1,069	1,101	1,134	1,168	1,203	1,239	1,276	1,315	1,354	1,395
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)	10,594	10,642	10,692	10,742	10,795	10,848	10,904	10,961	11,020	11,080	11,143	11,207	11,273	11,341	11,412
Annual Cash Flows	4,946	5,411	5,891	6,388	6,901	7,431	7,978	8,544	9,129	9,734	10,358	11,003	11,670	12,359	13,071

Expenses (Periodic)
Vacancy Costs	124	642	663	685	708	731	755	780	806	833	860	888	918	948	979
Maintenance & Repairs	0	1,204	1,244	1,285	1,327	1,371	1,416	1,463	1,511	1,561	1,613	1,666	1,721	1,778	1,836
Tenant Placement Credit	-648	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	648	200	200	714	200	200	200	813	200	200	200	925	200	200	200
Total Expenses (Periodic)	124	2,046	2,107	2,684	2,235	2,302	2,371	3,056	2,517	2,594	2,673	3,480	2,838	2,926	3,015

Total Return On Investment
Acquisition Down Payment	-41,700	0	0	0	0	0	0	0	0	0	0	0	0	0	41,700
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,821	3,364	3,784	3,704	4,666	5,129	5,607	5,489	6,612	7,140	7,686	7,524	8,832	9,434	10,055
Tax Savings	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	-17,832
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	36,218
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	219,035
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-38,584
Total Capital In/Out	-41,468	5,275	5,695	5,614	6,576	7,039	7,518	7,399	8,523	9,051	9,596	9,434	10,742	11,344	250,592
Total Return On Investment (IRR)	22.82%

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.