Property Analysis | 4186 Lansdowne Dr

Property Analysis For: 4186 Lansdowne Dr

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

Revenue
Rental Income	16,800	17,354	17,927	18,519	19,130	19,761	20,413	21,087	21,783	22,502	23,244	24,011	24,804	25,622	26,468

Expenses (Recurring)
Mortgage Payment	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865	9,865
Estimated Annual Property Taxes	1,597	1,645	1,694	1,745	1,797	1,851	1,907	1,964	2,023	2,084	2,146	2,211	2,277	2,345	2,416
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)	12,134	12,202	12,272	12,345	12,419	12,496	12,574	12,656	12,739	12,826	12,915	13,006	13,100	13,197	13,297
Annual Cash Flows	4,666	5,152	5,655	6,174	6,711	7,266	7,839	8,431	9,043	9,676	10,330	11,005	11,703	12,425	13,170

Expenses (Periodic)
Vacancy Costs	134	694	717	741	765	790	817	843	871	900	930	960	992	1,025	1,059
Maintenance & Repairs	0	1,302	1,345	1,389	1,435	1,482	1,531	1,582	1,634	1,688	1,743	1,801	1,860	1,922	1,985
Tenant Placement Credit	-700	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	700	200	200	772	200	200	200	879	200	200	200	1,000	200	200	200
Total Expenses (Periodic)	134	2,196	2,262	2,901	2,400	2,473	2,548	3,304	2,705	2,788	2,873	3,762	3,052	3,147	3,244

Total Return On Investment
Acquisition Down Payment	-42,250	0	0	0	0	0	0	0	0	0	0	0	0	0	42,250
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,531	2,956	3,393	3,273	4,311	4,793	5,291	5,127	6,338	6,888	7,456	7,243	8,651	9,278	9,927
Tax Savings	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	-18,068
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	33,848
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	221,924
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-39,092
Total Capital In/Out	-42,283	4,892	5,329	5,209	6,247	6,729	7,227	7,063	8,274	8,824	9,392	9,179	10,587	11,214	250,789
Total Return On Investment (IRR)	22.06%

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.