Property Analysis | 1592 Hugenot St

Property Analysis For: 1592 Hugenot St

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

Revenue
Rental Income	10,620	10,970	11,332	11,706	12,093	12,492	12,904	13,330	13,770	14,224	14,694	15,178	15,679	16,197	16,731

Expenses (Recurring)
Mortgage Payment	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968	5,968
Estimated Annual Property Taxes	304	313	323	332	342	352	363	374	385	397	409	421	433	446	460
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)	6,944	6,973	7,003	7,034	7,066	7,099	7,133	7,168	7,204	7,241	7,280	7,319	7,359	7,401	7,444
Annual Cash Flows	3,676	3,997	4,329	4,672	5,026	5,392	5,771	6,162	6,565	6,983	7,414	7,860	8,320	8,796	9,287

Expenses (Periodic)
Vacancy Costs	85	439	453	468	484	500	516	533	551	569	588	607	627	648	669
Maintenance & Repairs	0	823	850	878	907	937	968	1,000	1,033	1,067	1,102	1,138	1,176	1,215	1,255
Tenant Placement Credit	-443	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	443	200	200	488	200	200	200	555	200	200	200	632	200	200	200
Total Expenses (Periodic)	85	1,462	1,503	1,834	1,591	1,637	1,684	2,088	1,784	1,836	1,890	2,378	2,003	2,063	2,124

Total Return On Investment
Acquisition Down Payment	-27,650	0	0	0	0	0	0	0	0	0	0	0	0	0	27,650
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,591	2,536	2,826	2,838	3,436	3,756	4,087	4,073	4,782	5,147	5,524	5,482	6,317	6,733	7,163
Tax Savings	1,267	1,267	1,267	1,267	1,267	1,267	1,267	1,267	1,267	1,267	1,267	1,267	1,267	1,267	-11,824
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	24,015
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	145,235
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-25,584
Total Capital In/Out	-29,292	3,803	4,093	4,105	4,703	5,023	5,354	5,340	6,049	6,414	6,791	6,748	7,584	8,000	166,656
Total Return On Investment (IRR)	22.67%

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.