Property Analysis | 376 Delta Rd

Property Analysis For: 376 Delta Rd

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

Revenue
Rental Income	13,140	13,574	14,022	14,484	14,962	15,456	15,966	16,493	17,037	17,599	18,180	18,780	19,400	20,040	20,701

Expenses (Recurring)
Mortgage Payment	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999	6,999
Estimated Annual Property Taxes	753	776	799	823	848	873	899	926	954	982	1,012	1,042	1,074	1,106	1,139
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)	8,424	8,466	8,510	8,556	8,602	8,651	8,700	8,751	8,804	8,858	8,914	8,971	9,030	9,091	9,154
Annual Cash Flows	4,716	5,107	5,511	5,929	6,360	6,805	7,266	7,742	8,233	8,742	9,267	9,809	10,370	10,949	11,547

Expenses (Periodic)
Vacancy Costs	105	543	561	579	598	618	639	660	681	704	727	751	776	802	828
Maintenance & Repairs	0	1,018	1,052	1,086	1,122	1,159	1,197	1,237	1,278	1,320	1,364	1,409	1,455	1,503	1,553
Tenant Placement Credit	-548	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	548	200	200	604	200	200	200	687	200	200	200	783	200	200	200
Total Expenses (Periodic)	105	1,761	1,812	2,269	1,921	1,977	2,036	2,584	2,159	2,224	2,291	2,942	2,431	2,505	2,581

Total Return On Investment
Acquisition Down Payment	-32,425	0	0	0	0	0	0	0	0	0	0	0	0	0	32,425
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,611	3,346	3,699	3,659	4,439	4,828	5,230	5,158	6,074	6,518	6,976	6,867	7,939	8,444	8,967
Tax Savings	1,486	1,486	1,486	1,486	1,486	1,486	1,486	1,486	1,486	1,486	1,486	1,486	1,486	1,486	-13,866
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,162
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	170,317
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-30,002
Total Capital In/Out	-32,828	4,832	5,184	5,145	5,925	6,314	6,716	6,644	7,560	8,003	8,461	8,352	9,424	9,930	196,003
Total Return On Investment (IRR)	24.16%

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.