Property Analysis | 2408 Loop Acres Rd

Property Analysis For: 2408 Loop Acres Rd

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

Revenue
Rental Income	18,000	18,594	19,208	19,841	20,496	21,173	21,871	22,593	23,339	24,109	24,904	25,726	26,575	27,452	28,358

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	1,047	1,078	1,111	1,144	1,178	1,214	1,250	1,288	1,326	1,366	1,407	1,449	1,493	1,538	1,584
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)	12,457	12,509	12,562	12,616	12,673	12,731	12,791	12,852	12,916	12,981	13,048	13,117	13,189	13,262	13,338
Annual Cash Flows	5,543	6,085	6,646	7,225	7,824	8,442	9,081	9,741	10,423	11,128	11,856	12,609	13,386	14,190	15,020

Expenses (Periodic)
Vacancy Costs	144	744	768	794	820	847	875	904	934	964	996	1,029	1,063	1,098	1,134
Maintenance & Repairs	0	1,395	1,441	1,488	1,537	1,588	1,640	1,694	1,750	1,808	1,868	1,929	1,993	2,059	2,127
Tenant Placement Credit	-750	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	750	200	200	827	200	200	200	941	200	200	200	1,072	200	200	200
Total Expenses (Periodic)	144	2,338	2,409	3,108	2,557	2,635	2,715	3,540	2,884	2,973	3,064	4,030	3,256	3,357	3,461

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	5,399	3,747	4,237	4,117	5,266	5,807	6,366	6,201	7,539	8,155	8,792	8,578	10,130	10,833	11,559
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	-48,571	6,027	6,517	6,396	7,546	8,086	8,645	8,481	9,819	10,435	11,072	10,858	12,410	13,112	339,301
Total Return On Investment (IRR)	23.38%

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.