Property Analysis | 3559 Rochester Rd

Property Analysis For: 3559 Rochester Rd

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

Revenue
Rental Income	10,740	11,094	11,461	11,839	12,229	12,633	13,050	13,481	13,925	14,385	14,860	15,350	15,857	16,380	16,920

Expenses (Recurring)
Mortgage Payment	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033	6,033
Estimated Annual Property Taxes	392	404	416	428	441	454	468	482	497	511	527	543	559	576	593
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)	7,097	7,129	7,161	7,195	7,230	7,266	7,303	7,341	7,381	7,421	7,463	7,506	7,550	7,595	7,642
Annual Cash Flows	3,643	3,966	4,299	4,643	4,999	5,367	5,747	6,139	6,545	6,964	7,397	7,844	8,307	8,785	9,278

Expenses (Periodic)
Vacancy Costs	86	444	458	474	489	505	522	539	557	575	594	614	634	655	677
Maintenance & Repairs	0	832	860	888	917	947	979	1,011	1,044	1,079	1,114	1,151	1,189	1,228	1,269
Tenant Placement Credit	-448	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	448	200	200	493	200	200	200	562	200	200	200	640	200	200	200
Total Expenses (Periodic)	86	1,476	1,518	1,855	1,606	1,653	1,701	2,112	1,801	1,854	1,909	2,405	2,024	2,084	2,146

Total Return On Investment
Acquisition Down Payment	-27,950	0	0	0	0	0	0	0	0	0	0	0	0	0	27,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,557	2,490	2,781	2,789	3,393	3,714	4,046	4,027	4,743	5,110	5,488	5,440	6,283	6,701	7,132
Tax Savings	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	-11,952
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	24,276
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	146,811
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-25,861
Total Capital In/Out	-29,612	3,771	4,062	4,069	4,673	4,995	5,327	5,308	6,024	6,390	6,769	6,720	7,564	7,982	168,356
Total Return On Investment (IRR)	22.49%

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.