Property Analysis | 3457 Suzanne Dr

Property Analysis For: 3457 Suzanne Dr

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	800	824	849	874	900	927	955	984	1,013	1,044	1,075	1,107	1,141	1,175	1,210
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)	9,900	9,945	9,990	10,037	10,085	10,135	10,186	10,239	10,293	10,349	10,407	10,466	10,527	10,590	10,655
Annual Cash Flows	5,100	5,550	6,016	6,498	6,995	7,509	8,040	8,589	9,156	9,742	10,347	10,972	11,619	12,287	12,977

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	4,980	3,568	3,975	3,907	4,831	5,280	5,744	5,639	6,719	7,231	7,760	7,614	8,872	9,456	10,059
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	-38,781	5,358	5,765	5,696	6,620	7,069	7,533	7,428	8,508	9,020	9,549	9,403	10,661	11,245	235,310
Total Return On Investment (IRR)	23.60%

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.