Property Analysis | 4564 Almo Ave

Property Analysis For: 4564 Almo Ave

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

Revenue
Rental Income	15,900	16,425	16,967	17,527	18,105	18,702	19,320	19,957	20,616	21,296	21,999	22,725	23,475	24,249	25,050

Expenses (Recurring)
Mortgage Payment	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936	8,936
Estimated Annual Property Taxes	1,362	1,403	1,445	1,488	1,533	1,579	1,626	1,675	1,725	1,777	1,830	1,885	1,942	2,000	2,060
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)	10,970	11,031	11,094	11,158	11,225	11,294	11,364	11,437	11,512	11,590	11,669	11,751	11,836	11,923	12,012
Annual Cash Flows	4,930	5,394	5,873	6,368	6,880	7,409	7,955	8,520	9,103	9,706	10,330	10,974	11,639	12,327	13,037

Expenses (Periodic)
Vacancy Costs	127	657	679	701	724	748	773	798	825	852	880	909	939	970	1,002
Maintenance & Repairs	0	1,232	1,273	1,314	1,358	1,403	1,449	1,497	1,546	1,597	1,650	1,704	1,761	1,819	1,879
Tenant Placement Credit	-663	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	663	200	200	730	200	200	200	832	200	200	200	947	200	200	200
Total Expenses (Periodic)	127	2,089	2,151	2,746	2,282	2,351	2,422	3,127	2,571	2,649	2,730	3,560	2,900	2,989	3,081

Total Return On Investment
Acquisition Down Payment	-41,400	0	0	0	0	0	0	0	0	0	0	0	0	0	41,400
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,803	3,305	3,722	3,622	4,598	5,058	5,533	5,393	6,533	7,057	7,600	7,413	8,739	9,338	9,957
Tax Savings	1,897	1,897	1,897	1,897	1,897	1,897	1,897	1,897	1,897	1,897	1,897	1,897	1,897	1,897	-17,704
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35,957
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	217,459
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-38,306
Total Capital In/Out	-41,200	5,202	5,619	5,519	6,495	6,955	7,430	7,290	8,430	8,954	9,497	9,310	10,636	11,235	248,763
Total Return On Investment (IRR)	22.75%

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.