Property Analysis | 433 E. DisonÂ Ave

Property Analysis For: 433 E. DisonÂ Ave

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

Revenue
Rental Income	12,300	12,706	13,125	13,558	14,006	14,468	14,945	15,439	15,948	16,474	17,018	17,580	18,160	18,759	19,378

Expenses (Recurring)
Mortgage Payment	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912	6,912
Estimated Annual Property Taxes	864	890	917	944	972	1,002	1,032	1,063	1,094	1,127	1,161	1,196	1,232	1,269	1,307
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)	8,448	8,494	8,542	8,591	8,641	8,693	8,746	8,801	8,858	8,916	8,976	9,038	9,102	9,168	9,236
Annual Cash Flows	3,852	4,212	4,583	4,968	5,365	5,775	6,199	6,637	7,090	7,558	8,042	8,541	9,058	9,591	10,142

Expenses (Periodic)
Vacancy Costs	98	508	525	542	560	579	598	618	638	659	681	703	726	750	775
Maintenance & Repairs	0	953	984	1,017	1,050	1,085	1,121	1,158	1,196	1,236	1,276	1,318	1,362	1,407	1,453
Tenant Placement Credit	-513	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	513	200	200	565	200	200	200	643	200	200	200	732	200	200	200
Total Expenses (Periodic)	98	1,661	1,709	2,124	1,811	1,864	1,919	2,419	2,034	2,095	2,157	2,754	2,288	2,357	2,428

Total Return On Investment
Acquisition Down Payment	-32,025	0	0	0	0	0	0	0	0	0	0	0	0	0	32,025
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,753	2,550	2,874	2,844	3,554	3,911	4,280	4,219	5,056	5,463	5,884	5,787	6,769	7,234	7,714
Tax Savings	1,467	1,467	1,467	1,467	1,467	1,467	1,467	1,467	1,467	1,467	1,467	1,467	1,467	1,467	-13,695
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	27,815
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	168,216
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-29,632
Total Capital In/Out	-33,304	4,018	4,341	4,311	5,021	5,379	5,748	5,686	6,523	6,931	7,352	7,254	8,236	8,701	192,443
Total Return On Investment (IRR)	22.11%

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.