Property Analysis | 2 Power Line Dr

Property Analysis For: 2 Power Line Dr

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

Revenue
Rental Income	19,080	19,710	20,360	21,032	21,726	22,443	23,184	23,949	24,739	25,555	26,399	27,270	28,170	29,099	30,060

Expenses (Recurring)
Mortgage Payment	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738	10,738
Estimated Annual Property Taxes	1,113	1,146	1,181	1,216	1,253	1,290	1,329	1,369	1,410	1,452	1,496	1,541	1,587	1,634	1,684
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)	12,523	12,576	12,632	12,688	12,747	12,807	12,869	12,933	12,999	13,067	13,137	13,209	13,283	13,359	13,438
Annual Cash Flows	6,557	7,133	7,728	8,343	8,979	9,636	10,314	11,015	11,740	12,488	13,262	14,061	14,887	15,740	16,622

Expenses (Periodic)
Vacancy Costs	153	788	814	841	869	898	927	958	990	1,022	1,056	1,091	1,127	1,164	1,202
Maintenance & Repairs	0	1,478	1,527	1,577	1,629	1,683	1,739	1,796	1,855	1,917	1,980	2,045	2,113	2,182	2,254
Tenant Placement Credit	-795	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	795	200	200	876	200	200	200	998	200	200	200	1,136	200	200	200
Total Expenses (Periodic)	153	2,467	2,541	3,295	2,698	2,781	2,866	3,752	3,045	3,139	3,236	4,272	3,440	3,546	3,657

Total Return On Investment
Acquisition Down Payment	-49,750	0	0	0	0	0	0	0	0	0	0	0	0	0	49,750
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	6,404	4,667	5,187	5,048	6,281	6,855	7,448	7,263	8,695	9,349	10,026	9,789	11,447	12,194	12,965
Tax Savings	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	-21,275
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	43,210
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	302,090
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-46,032
Total Capital In/Out	-47,566	6,946	7,466	7,328	8,560	9,134	9,728	9,543	10,974	11,629	12,305	12,068	13,727	14,473	340,707
Total Return On Investment (IRR)	25.00%

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.