Property Analysis | 1540 Baltimore St

Property Analysis For: 1540 Baltimore St

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

Revenue
Rental Income	13,800	14,255	14,726	15,212	15,714	16,232	16,768	17,321	17,893	18,483	19,093	19,723	20,374	21,047	21,741

Expenses (Recurring)
Mortgage Payment	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754	7,754
Estimated Annual Property Taxes	904	931	959	988	1,017	1,048	1,079	1,112	1,145	1,180	1,215	1,251	1,289	1,328	1,367
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)	9,330	9,377	9,426	9,476	9,528	9,581	9,636	9,692	9,750	9,810	9,872	9,936	10,001	10,068	10,138
Annual Cash Flows	4,470	4,878	5,300	5,736	6,186	6,651	7,132	7,629	8,143	8,673	9,221	9,788	10,373	10,978	11,603

Expenses (Periodic)
Vacancy Costs	110	570	589	608	629	649	671	693	716	739	764	789	815	842	870
Maintenance & Repairs	0	1,069	1,104	1,141	1,179	1,217	1,258	1,299	1,342	1,386	1,432	1,479	1,528	1,578	1,631
Tenant Placement Credit	-575	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	575	200	200	634	200	200	200	722	200	200	200	822	200	200	200
Total Expenses (Periodic)	110	1,839	1,893	2,383	2,007	2,067	2,128	2,714	2,258	2,326	2,396	3,090	2,543	2,620	2,700

Total Return On Investment
Acquisition Down Payment	-35,925	0	0	0	0	0	0	0	0	0	0	0	0	0	35,925
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,360	3,039	3,406	3,352	4,179	4,585	5,004	4,915	5,885	6,348	6,826	6,698	7,830	8,358	8,903
Tax Savings	1,646	1,646	1,646	1,646	1,646	1,646	1,646	1,646	1,646	1,646	1,646	1,646	1,646	1,646	-15,363
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	31,202
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	188,701
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-33,240
Total Capital In/Out	-36,419	4,685	5,052	4,998	5,825	6,231	6,650	6,561	7,531	7,994	8,472	8,344	9,476	10,004	216,128
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.