Property Analysis | 3787 Tessland Rd

Property Analysis For: 3787 Tessland Rd

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

Revenue
Rental Income	15,540	16,053	16,583	17,130	17,695	18,279	18,882	19,505	20,149	20,814	21,501	22,210	22,943	23,700	24,482

Expenses (Recurring)
Mortgage Payment	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094	9,094
Estimated Annual Property Taxes	904	931	959	988	1,017	1,048	1,079	1,112	1,145	1,180	1,215	1,251	1,289	1,328	1,367
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)	10,670	10,717	10,766	10,816	10,867	10,921	10,976	11,032	11,090	11,150	11,212	11,275	11,341	11,408	11,478
Annual Cash Flows	4,870	5,336	5,817	6,314	6,828	7,358	7,907	8,473	9,059	9,664	10,289	10,935	11,603	12,292	13,005

Expenses (Periodic)
Vacancy Costs	124	642	663	685	708	731	755	780	806	833	860	888	918	948	979
Maintenance & Repairs	0	1,204	1,244	1,285	1,327	1,371	1,416	1,463	1,511	1,561	1,613	1,666	1,721	1,778	1,836
Tenant Placement Credit	-648	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	648	200	200	714	200	200	200	813	200	200	200	925	200	200	200
Total Expenses (Periodic)	124	2,046	2,107	2,684	2,235	2,302	2,371	3,056	2,517	2,594	2,673	3,480	2,838	2,926	3,015

Total Return On Investment
Acquisition Down Payment	-39,450	0	0	0	0	0	0	0	0	0	0	0	0	0	39,450
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,746	3,290	3,710	3,630	4,593	5,056	5,535	5,418	6,542	7,070	7,616	7,455	8,764	9,367	9,989
Tax Savings	1,808	1,808	1,808	1,808	1,808	1,808	1,808	1,808	1,808	1,808	1,808	1,808	1,808	1,808	-16,870
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,039
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	207,217
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,502
Total Capital In/Out	-39,396	5,097	5,517	5,438	6,400	6,864	7,343	7,225	8,349	8,878	9,424	9,263	10,572	11,174	235,323
Total Return On Investment (IRR)	23.01%

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.