Property Analysis | 407 Healy St

Property Analysis For: 407 Healy St

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

Revenue
Rental Income	11,940	12,334	12,741	13,161	13,596	14,044	14,508	14,987	15,481	15,992	16,520	17,065	17,628	18,210	18,811

Expenses (Recurring)
Mortgage Payment	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977	6,977
Estimated Annual Property Taxes	379	390	402	414	427	439	453	466	480	495	509	525	540	557	573
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)	8,028	8,059	8,092	8,125	8,160	8,195	8,232	8,270	8,308	8,348	8,389	8,432	8,475	8,520	8,567
Annual Cash Flows	3,912	4,275	4,649	5,036	5,436	5,849	6,276	6,717	7,173	7,644	8,130	8,633	9,153	9,690	10,244

Expenses (Periodic)
Vacancy Costs	96	493	510	526	544	562	580	599	619	640	661	683	705	728	752
Maintenance & Repairs	0	925	956	987	1,020	1,053	1,088	1,124	1,161	1,199	1,239	1,280	1,322	1,366	1,411
Tenant Placement Credit	-498	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	498	200	200	548	200	200	200	624	200	200	200	711	200	200	200
Total Expenses (Periodic)	96	1,618	1,665	2,062	1,764	1,815	1,868	2,348	1,980	2,039	2,100	2,674	2,227	2,294	2,363

Total Return On Investment
Acquisition Down Payment	-32,325	0	0	0	0	0	0	0	0	0	0	0	0	0	32,325
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,817	2,656	2,984	2,974	3,672	4,034	4,408	4,369	5,193	5,605	6,031	5,960	6,926	7,395	7,881
Tax Savings	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	-13,823
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,075
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	169,792
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-29,909
Total Capital In/Out	-33,527	4,137	4,465	4,455	5,153	5,515	5,889	5,850	6,674	7,086	7,512	7,441	8,407	8,876	194,340
Total Return On Investment (IRR)	22.32%

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.