Property Analysis | 2105 W 16th St

Property Analysis For: 2105 W 16th St

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

Revenue
Rental Income	19,140	19,772	20,424	21,098	21,794	22,514	23,256	24,024	24,817	25,636	26,482	27,356	28,258	29,191	30,154

Expenses (Recurring)
Mortgage Payment	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357	12,357
Estimated Annual Property Taxes	1,117	1,151	1,185	1,221	1,257	1,295	1,334	1,374	1,415	1,457	1,501	1,546	1,593	1,640	1,690
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)	14,146	14,199	14,255	14,312	14,370	14,431	14,493	14,557	14,623	14,691	14,761	14,833	14,907	14,984	15,063
Annual Cash Flows	4,994	5,572	6,169	6,786	7,424	8,083	8,764	9,467	10,194	10,945	11,721	12,522	13,351	14,207	15,091

Expenses (Periodic)
Vacancy Costs	153	791	817	844	872	901	930	961	993	1,025	1,059	1,094	1,130	1,168	1,206
Maintenance & Repairs	0	1,483	1,532	1,582	1,635	1,689	1,744	1,802	1,861	1,923	1,986	2,052	2,119	2,189	2,262
Tenant Placement Credit	-798	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	798	200	200	879	200	200	200	1,001	200	200	200	1,140	200	200	200
Total Expenses (Periodic)	153	2,474	2,549	3,305	2,706	2,789	2,874	3,764	3,054	3,148	3,245	4,286	3,450	3,557	3,668

Total Return On Investment
Acquisition Down Payment	-57,250	0	0	0	0	0	0	0	0	0	0	0	0	0	57,250
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,841	3,098	3,621	3,481	4,718	5,294	5,889	5,703	7,140	7,797	8,475	8,237	9,901	10,650	11,424
Tax Savings	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	-24,482
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	49,724
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	347,631
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-52,971
Total Capital In/Out	-56,286	5,722	6,244	6,104	7,341	7,917	8,512	8,326	9,763	10,420	11,098	10,860	12,524	13,273	388,575
Total Return On Investment (IRR)	21.86%

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.