Property Analysis | 3449-3451 Arnold Rd

Property Analysis For: 3449-3451 Arnold Rd

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

Revenue
Rental Income	21,480	22,189	22,921	23,677	24,459	25,266	26,100	26,961	27,851	28,770	29,719	30,700	31,713	32,760	33,841

Expenses (Recurring)
Mortgage Payment	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071	12,071
Estimated Annual Property Taxes	562	579	596	614	633	652	671	691	712	733	755	778	801	825	850
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)	13,305	13,342	13,380	13,419	13,460	13,501	13,544	13,588	13,634	13,681	13,729	13,779	13,830	13,883	13,937
Annual Cash Flows	8,175	8,847	9,541	10,258	10,999	11,765	12,556	13,373	14,217	15,089	15,990	16,921	17,883	18,877	19,903

Expenses (Periodic)
Vacancy Costs	172	888	917	947	978	1,011	1,044	1,078	1,114	1,151	1,189	1,228	1,269	1,310	1,354
Maintenance & Repairs	0	1,664	1,719	1,776	1,834	1,895	1,957	2,022	2,089	2,158	2,229	2,302	2,378	2,457	2,538
Tenant Placement Credit	-895	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	895	200	200	987	200	200	200	1,123	200	200	200	1,279	200	200	200
Total Expenses (Periodic)	172	2,752	2,836	3,709	3,013	3,106	3,201	4,224	3,403	3,509	3,618	4,810	3,847	3,967	4,092

Total Return On Investment
Acquisition Down Payment	-55,925	0	0	0	0	0	0	0	0	0	0	0	0	0	55,925
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	8,003	6,095	6,705	6,549	7,986	8,659	9,354	9,149	10,814	11,580	12,372	12,111	14,036	14,909	15,812
Tax Savings	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	-23,916
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	48,573
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	293,754
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-51,745
Total Capital In/Out	-51,859	8,658	9,268	9,111	10,549	11,221	11,916	11,711	13,376	14,143	14,935	14,674	16,598	17,472	338,402
Total Return On Investment (IRR)	26.02%

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.