Property Analysis | 344-346 Flynn Rd

Property Analysis For: 344-346 Flynn Rd

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

Revenue
Rental Income	15,600	16,115	16,647	17,196	17,763	18,350	18,955	19,581	20,227	20,894	21,584	22,296	23,032	23,792	24,577

Expenses (Recurring)
Mortgage Payment	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768	8,768
Estimated Annual Property Taxes	675	695	716	738	760	783	806	830	855	881	907	934	962	991	1,021
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)	10,115	10,156	10,197	10,240	10,284	10,330	10,377	10,425	10,475	10,526	10,579	10,633	10,689	10,747	10,806
Annual Cash Flows	5,485	5,959	6,449	6,956	7,479	8,020	8,578	9,156	9,752	10,368	11,005	11,663	12,343	13,045	13,771

Expenses (Periodic)
Vacancy Costs	125	645	666	688	711	734	758	783	809	836	863	892	921	952	983
Maintenance & Repairs	0	1,209	1,248	1,290	1,332	1,376	1,422	1,469	1,517	1,567	1,619	1,672	1,727	1,784	1,843
Tenant Placement Credit	-650	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	650	200	200	716	200	200	200	816	200	200	200	929	200	200	200
Total Expenses (Periodic)	125	2,053	2,114	2,694	2,243	2,310	2,380	3,068	2,526	2,603	2,682	3,493	2,849	2,936	3,026

Total Return On Investment
Acquisition Down Payment	-40,625	0	0	0	0	0	0	0	0	0	0	0	0	0	40,625
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,360	3,906	4,335	4,262	5,236	5,709	6,198	6,088	7,226	7,765	8,323	8,170	9,494	10,109	10,745
Tax Savings	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	-17,373
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35,284
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	213,388
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-37,589
Total Capital In/Out	-39,904	5,767	6,196	6,123	7,097	7,571	8,060	7,949	9,087	9,627	10,184	10,031	11,356	11,971	245,081
Total Return On Investment (IRR)	24.12%

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.