Property Analysis | 4547 Red Rock Cv

Property Analysis For: 4547 Red Rock Cv

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

Revenue
Rental Income	16,740	17,292	17,863	18,453	19,061	19,691	20,340	21,012	21,705	22,421	23,161	23,925	24,715	25,531	26,373

Expenses (Recurring)
Mortgage Payment	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175
Estimated Annual Property Taxes	1,289	1,328	1,368	1,409	1,451	1,494	1,539	1,585	1,633	1,682	1,732	1,784	1,838	1,893	1,950
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)	12,136	12,194	12,255	12,317	12,382	12,448	12,516	12,586	12,659	12,733	12,810	12,889	12,970	13,054	13,141
Annual Cash Flows	4,604	5,098	5,608	6,135	6,680	7,243	7,824	8,425	9,046	9,688	10,351	11,036	11,744	12,476	13,232

Expenses (Periodic)
Vacancy Costs	134	692	715	738	762	788	814	840	868	897	926	957	989	1,021	1,055
Maintenance & Repairs	0	1,297	1,340	1,384	1,430	1,477	1,526	1,576	1,628	1,682	1,737	1,794	1,854	1,915	1,978
Tenant Placement Credit	-698	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	698	200	200	769	200	200	200	875	200	200	200	997	200	200	200
Total Expenses (Periodic)	134	2,189	2,254	2,891	2,392	2,464	2,539	3,292	2,696	2,778	2,864	3,748	3,042	3,136	3,233

Total Return On Investment
Acquisition Down Payment	-43,575	0	0	0	0	0	0	0	0	0	0	0	0	0	43,575
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,471	2,909	3,354	3,244	4,288	4,778	5,285	5,133	6,350	6,910	7,488	7,288	8,702	9,340	9,999
Tax Savings	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	-18,634
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34,910
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	228,884
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-40,318
Total Capital In/Out	-43,608	4,906	5,350	5,241	6,284	6,775	7,282	7,130	8,347	8,906	9,484	9,285	10,699	11,337	258,415
Total Return On Investment (IRR)	21.83%

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.