Property Analysis | 3734 Kimball Ave

Property Analysis For: 3734 Kimball Ave

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

Revenue
Rental Income	17,400	17,974	18,567	19,180	19,813	20,467	21,142	21,840	22,561	23,305	24,074	24,869	25,689	26,537	27,413

Expenses (Recurring)
Mortgage Payment	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501	10,501
Estimated Annual Property Taxes	1,307	1,346	1,387	1,428	1,471	1,515	1,561	1,607	1,656	1,705	1,756	1,809	1,863	1,919	1,977
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)	12,480	12,540	12,601	12,664	12,729	12,796	12,864	12,935	13,008	13,084	13,161	13,241	13,323	13,408	13,495
Annual Cash Flows	4,920	5,434	5,966	6,516	7,084	7,671	8,278	8,905	9,552	10,222	10,913	11,628	12,366	13,129	13,918

Expenses (Periodic)
Vacancy Costs	139	719	743	767	793	819	846	874	902	932	963	995	1,028	1,061	1,097
Maintenance & Repairs	0	1,348	1,393	1,439	1,486	1,535	1,586	1,638	1,692	1,748	1,806	1,865	1,927	1,990	2,056
Tenant Placement Credit	-725	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	725	200	200	799	200	200	200	910	200	200	200	1,036	200	200	200
Total Expenses (Periodic)	139	2,267	2,335	3,005	2,478	2,554	2,631	3,422	2,794	2,880	2,969	3,896	3,154	3,252	3,352

Total Return On Investment
Acquisition Down Payment	-44,975	0	0	0	0	0	0	0	0	0	0	0	0	0	44,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,780	3,167	3,631	3,511	4,606	5,118	5,646	5,483	6,758	7,341	7,945	7,732	9,212	9,878	10,565
Tax Savings	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	-19,233
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	36,031
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	236,237
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-41,614
Total Capital In/Out	-44,634	5,228	5,692	5,572	6,666	7,178	7,707	7,544	8,818	9,402	10,005	9,792	11,273	11,938	266,962
Total Return On Investment (IRR)	22.20%

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.