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	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667	9,667
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)	11,701	11,762	11,825	11,889	11,956	12,025	12,095	12,168	12,243	12,321	12,400	12,482	12,567	12,654	12,743
Annual Cash Flows	4,199	4,663	5,142	5,637	6,149	6,678	7,224	7,789	8,372	8,975	9,599	10,243	10,908	11,596	12,306

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	4,072	2,574	2,991	2,891	3,867	4,327	4,802	4,662	5,802	6,326	6,869	6,682	8,008	8,607	9,226
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	33,167
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	-41,931	4,471	4,888	4,788	5,764	6,224	6,699	6,559	7,699	8,223	8,766	8,579	9,905	10,504	245,242
Total Return On Investment (IRR)	21.36%

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.