Property Analysis | 3896 Lowin Cv

Property Analysis For: 3896 Lowin Cv

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	936	964	993	1,023	1,053	1,085	1,118	1,151	1,186	1,221	1,258	1,296	1,335	1,375	1,416
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)	10,036	10,085	10,134	10,186	10,238	10,293	10,349	10,406	10,465	10,527	10,589	10,654	10,721	10,790	10,861
Annual Cash Flows	4,964	5,410	5,872	6,349	6,842	7,351	7,878	8,421	8,983	9,564	10,164	10,784	11,425	12,087	12,771

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	4,844	3,428	3,831	3,759	4,678	5,122	5,582	5,472	6,547	7,054	7,577	7,425	8,678	9,256	9,853
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	-38,917	5,218	5,620	5,548	6,467	6,911	7,371	7,261	8,336	8,843	9,367	9,215	10,467	11,045	235,104
Total Return On Investment (IRR)	23.30%

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.