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	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750
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)	10,365	10,414	10,464	10,515	10,568	10,622	10,679	10,736	10,796	10,857	10,921	10,986	11,053	11,122	11,193
Annual Cash Flows	4,335	4,771	5,223	5,689	6,171	6,668	7,183	7,715	8,264	8,831	9,418	10,024	10,650	11,297	11,966

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	4,217	2,825	3,219	3,150	4,046	4,480	4,929	4,824	5,872	6,367	6,879	6,732	7,954	8,519	9,103
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	30,023
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	-38,041	4,542	4,936	4,867	5,763	6,197	6,646	6,541	7,589	8,084	8,596	8,449	9,671	10,236	222,743
Total Return On Investment (IRR)	22.23%

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.