Property Analysis | 1905 W 16th St

Property Analysis For: 1905 W 16th St

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

Revenue
Rental Income	20,040	20,701	21,384	22,090	22,819	23,572	24,350	25,154	25,984	26,841	27,727	28,642	29,587	30,563	31,572

Expenses (Recurring)
Mortgage Payment	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267	11,267
Estimated Annual Property Taxes	500	515	530	546	563	580	597	615	633	652	672	692	713	734	756
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)	12,439	12,474	12,510	12,547	12,586	12,625	12,666	12,708	12,751	12,796	12,842	12,889	12,938	12,988	13,040
Annual Cash Flows	7,601	8,227	8,874	9,543	10,233	10,947	11,684	12,445	13,232	14,045	14,885	15,753	16,649	17,576	18,533

Expenses (Periodic)
Vacancy Costs	160	828	855	884	913	943	974	1,006	1,039	1,074	1,109	1,146	1,183	1,223	1,263
Maintenance & Repairs	0	1,553	1,604	1,657	1,711	1,768	1,826	1,887	1,949	2,013	2,080	2,148	2,219	2,292	2,368
Tenant Placement Credit	-835	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	835	200	200	920	200	200	200	1,048	200	200	200	1,193	200	200	200
Total Expenses (Periodic)	160	2,581	2,659	3,461	2,824	2,911	3,000	3,941	3,188	3,287	3,389	4,487	3,603	3,715	3,831

Total Return On Investment
Acquisition Down Payment	-52,200	0	0	0	0	0	0	0	0	0	0	0	0	0	52,200
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	7,441	5,647	6,215	6,082	7,409	8,036	8,684	8,505	10,044	10,758	11,496	11,266	13,047	13,861	14,702
Tax Savings	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	-22,323
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	45,338
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	316,966
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-48,299
Total Capital In/Out	-48,867	8,038	8,607	8,474	9,801	10,428	11,075	10,896	12,436	13,150	13,888	13,657	15,438	16,252	358,584
Total Return On Investment (IRR)	26.39%

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.