Property Analysis | 2211 S Pine St

Property Analysis For: 2211 S Pine St

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

Revenue
Rental Income	13,800	14,255	14,726	15,212	15,714	16,232	16,768	17,321	17,893	18,483	19,093	19,723	20,374	21,047	21,741

Expenses (Recurring)
Mortgage Payment	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155	8,155
Estimated Annual Property Taxes	1,169	1,204	1,240	1,277	1,316	1,355	1,396	1,438	1,481	1,525	1,571	1,618	1,667	1,717	1,768
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)	9,996	10,051	10,108	10,167	10,227	10,289	10,353	10,419	10,487	10,557	10,629	10,703	10,780	10,858	10,940
Annual Cash Flows	3,804	4,204	4,618	5,045	5,487	5,943	6,415	6,902	7,406	7,926	8,464	9,020	9,595	10,188	10,802

Expenses (Periodic)
Vacancy Costs	110	570	589	608	629	649	671	693	716	739	764	789	815	842	870
Maintenance & Repairs	0	1,069	1,104	1,141	1,179	1,217	1,258	1,299	1,342	1,386	1,432	1,479	1,528	1,578	1,631
Tenant Placement Credit	-575	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	575	200	200	634	200	200	200	722	200	200	200	822	200	200	200
Total Expenses (Periodic)	110	1,839	1,893	2,383	2,007	2,067	2,128	2,714	2,258	2,326	2,396	3,090	2,543	2,620	2,700

Total Return On Investment
Acquisition Down Payment	-34,925	0	0	0	0	0	0	0	0	0	0	0	0	0	34,925
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,694	2,365	2,724	2,662	3,480	3,877	4,287	4,189	5,148	5,601	6,069	5,930	7,052	7,568	8,101
Tax Savings	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	-14,935
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	27,980
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	183,448
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-32,315
Total Capital In/Out	-36,131	3,965	4,325	4,262	5,080	5,477	5,887	5,789	6,749	7,201	7,669	7,530	8,652	9,168	207,205
Total Return On Investment (IRR)	21.45%

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.