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	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616	11,616
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)	13,401	13,455	13,510	13,567	13,625	13,686	13,748	13,812	13,878	13,945	14,015	14,087	14,161	14,238	14,316
Annual Cash Flows	5,679	6,255	6,850	7,465	8,101	8,757	9,436	10,137	10,861	11,610	12,383	13,183	14,008	14,862	15,743

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	5,526	3,788	4,309	4,170	5,402	5,976	6,570	6,385	7,816	8,471	9,148	8,910	10,569	11,315	12,086
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	39,857
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	-48,445	6,068	6,588	6,449	7,682	8,256	8,849	8,664	10,096	10,750	11,427	11,190	12,848	13,595	336,476
Total Return On Investment (IRR)	23.55%

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.