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	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058	13,058
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)	14,292	14,329	14,367	14,407	14,447	14,489	14,532	14,576	14,621	14,668	14,717	14,766	14,818	14,870	14,925
Annual Cash Flows	7,188	7,860	8,554	9,271	10,012	10,777	11,568	12,385	13,229	14,102	15,003	15,934	16,895	17,889	18,916

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	7,016	5,108	5,718	5,561	6,999	7,672	8,367	8,161	9,826	10,593	11,385	11,124	13,048	13,922	14,824
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	44,804
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	-52,847	7,670	8,280	8,124	9,561	10,234	10,929	10,724	12,389	13,155	13,947	13,686	15,611	16,484	333,646
Total Return On Investment (IRR)	24.44%

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.