Property Analysis | 1614-1616 Cameron St

Property Analysis For: 1614-1616 Cameron St

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

Revenue
Rental Income	18,000	18,594	19,208	19,841	20,496	21,173	21,871	22,593	23,339	24,109	24,904	25,726	26,575	27,452	28,358

Expenses (Recurring)
Mortgage Payment	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108	9,108
Estimated Annual Property Taxes	1,069	1,101	1,134	1,168	1,203	1,239	1,276	1,315	1,354	1,395	1,437	1,480	1,524	1,570	1,617
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)	10,849	10,902	10,955	11,011	11,068	11,127	11,187	11,250	11,314	11,380	11,448	11,518	11,591	11,665	11,742
Annual Cash Flows	7,151	7,692	8,252	8,831	9,428	10,046	10,684	11,343	12,025	12,729	13,456	14,208	14,985	15,787	16,616

Expenses (Periodic)
Vacancy Costs	144	744	768	794	820	847	875	904	934	964	996	1,029	1,063	1,098	1,134
Maintenance & Repairs	0	1,395	1,441	1,488	1,537	1,588	1,640	1,694	1,750	1,808	1,868	1,929	1,993	2,059	2,127
Tenant Placement Credit	-750	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	750	200	200	827	200	200	200	941	200	200	200	1,072	200	200	200
Total Expenses (Periodic)	144	2,338	2,409	3,108	2,557	2,635	2,715	3,540	2,884	2,973	3,064	4,030	3,256	3,357	3,461

Total Return On Investment
Acquisition Down Payment	-42,200	0	0	0	0	0	0	0	0	0	0	0	0	0	42,200
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	7,007	5,354	5,843	5,722	6,871	7,411	7,969	7,804	9,141	9,756	10,392	10,177	11,728	12,430	13,155
Tax Savings	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	-18,046
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	36,652
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	221,661
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-39,046
Total Capital In/Out	-39,760	7,288	7,777	7,656	8,805	9,345	9,902	9,737	11,074	11,690	12,326	12,111	13,662	14,364	256,576
Total Return On Investment (IRR)	27.16%

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.