Property Analysis | 3121 Benjestown Rd

Property Analysis For: 3121 Benjestown Rd

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

Revenue
Rental Income	9,780	10,103	10,436	10,781	11,136	11,504	11,883	12,276	12,681	13,099	13,531	13,978	14,439	14,916	15,408

Expenses (Recurring)
Mortgage Payment	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493	5,493
Estimated Annual Property Taxes	505	520	536	552	568	585	603	621	640	659	679	699	720	742	764
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)	6,670	6,705	6,742	6,779	6,818	6,858	6,898	6,941	6,984	7,029	7,075	7,122	7,171	7,222	7,273
Annual Cash Flows	3,110	3,397	3,694	4,001	4,318	4,646	4,985	5,335	5,697	6,070	6,457	6,856	7,268	7,694	8,134

Expenses (Periodic)
Vacancy Costs	78	404	417	431	445	460	475	491	507	524	541	559	578	597	616
Maintenance & Repairs	0	758	783	809	835	863	891	921	951	982	1,015	1,048	1,083	1,119	1,156
Tenant Placement Credit	-408	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	408	200	200	449	200	200	200	511	200	200	200	582	200	200	200
Total Expenses (Periodic)	78	1,362	1,400	1,689	1,481	1,523	1,567	1,923	1,658	1,706	1,756	2,190	1,861	1,915	1,972

Total Return On Investment
Acquisition Down Payment	-25,450	0	0	0	0	0	0	0	0	0	0	0	0	0	25,450
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,032	2,036	2,294	2,312	2,838	3,123	3,418	3,412	4,038	4,364	4,700	4,666	5,407	5,779	6,163
Tax Savings	1,166	1,166	1,166	1,166	1,166	1,166	1,166	1,166	1,166	1,166	1,166	1,166	1,166	1,166	-10,883
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	22,104
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	133,680
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-23,548
Total Capital In/Out	-27,752	3,202	3,460	3,478	4,004	4,289	4,584	4,578	5,204	5,530	5,866	5,832	6,574	6,945	152,965
Total Return On Investment (IRR)	21.48%

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.