Property Analysis | 3006 Danville Rd

Property Analysis For: 3006 Danville Rd

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

Revenue
Rental Income	15,000	15,495	16,006	16,535	17,080	17,644	18,226	18,828	19,449	20,091	20,754	21,439	22,146	22,877	23,632

Expenses (Recurring)
Mortgage Payment	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428	8,428
Estimated Annual Property Taxes	1,255	1,293	1,331	1,371	1,413	1,455	1,499	1,543	1,590	1,637	1,687	1,737	1,789	1,843	1,898
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)	10,355	10,413	10,473	10,534	10,597	10,662	10,729	10,798	10,870	10,943	11,018	11,096	11,176	11,258	11,343
Annual Cash Flows	4,645	5,082	5,533	6,000	6,483	6,981	7,497	8,029	8,579	9,148	9,735	10,343	10,970	11,618	12,289

Expenses (Periodic)
Vacancy Costs	120	620	640	661	683	706	729	753	778	804	830	858	886	915	945
Maintenance & Repairs	0	1,162	1,200	1,240	1,281	1,323	1,367	1,412	1,459	1,507	1,557	1,608	1,661	1,716	1,772
Tenant Placement Credit	-625	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	625	200	200	689	200	200	200	784	200	200	200	893	200	200	200
Total Expenses (Periodic)	120	1,982	2,041	2,590	2,164	2,229	2,296	2,950	2,437	2,510	2,587	3,359	2,747	2,831	2,918

Total Return On Investment
Acquisition Down Payment	-39,050	0	0	0	0	0	0	0	0	0	0	0	0	0	39,050
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,525	3,100	3,493	3,410	4,319	4,752	5,201	5,079	6,143	6,637	7,149	6,984	8,223	8,788	9,371
Tax Savings	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	-16,699
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	33,916
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	205,116
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,132
Total Capital In/Out	-39,236	4,889	5,282	5,199	6,108	6,542	6,990	6,869	7,932	8,427	8,938	8,773	10,012	10,577	234,622
Total Return On Investment (IRR)	22.58%

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.