Property Analysis | 4967 Lazybrook Cv

Property Analysis For: 4967 Lazybrook Cv

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

Revenue
Rental Income	14,700	15,185	15,686	16,204	16,739	17,291	17,862	18,451	19,060	19,689	20,339	21,010	21,703	22,419	23,159

Expenses (Recurring)
Mortgage Payment	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089	8,089
Estimated Annual Property Taxes	943	971	1,000	1,030	1,061	1,093	1,126	1,160	1,195	1,230	1,267	1,305	1,344	1,385	1,426
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)	9,704	9,752	9,802	9,853	9,906	9,961	10,017	10,075	10,134	10,196	10,259	10,324	10,391	10,460	10,531
Annual Cash Flows	4,996	5,433	5,884	6,351	6,832	7,330	7,845	8,376	8,925	9,493	10,080	10,686	11,312	11,959	12,628

Expenses (Periodic)
Vacancy Costs	118	607	627	648	670	692	714	738	762	788	814	840	868	897	926
Maintenance & Repairs	0	1,139	1,176	1,215	1,255	1,297	1,340	1,384	1,429	1,477	1,525	1,576	1,628	1,681	1,737
Tenant Placement Credit	-613	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	613	200	200	675	200	200	200	769	200	200	200	875	200	200	200
Total Expenses (Periodic)	118	1,946	2,004	2,539	2,125	2,188	2,254	2,891	2,392	2,464	2,539	3,292	2,696	2,778	2,863

Total Return On Investment
Acquisition Down Payment	-37,475	0	0	0	0	0	0	0	0	0	0	0	0	0	37,475
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,879	3,487	3,880	3,812	4,707	5,142	5,591	5,486	6,534	7,029	7,541	7,394	8,616	9,181	9,764
Tax Savings	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	-16,026
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,548
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	196,843
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,674
Total Capital In/Out	-37,379	5,204	5,597	5,529	6,424	6,859	7,308	7,203	8,251	8,746	9,258	9,111	10,333	10,898	225,930
Total Return On Investment (IRR)	23.66%

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.