Property Analysis | 5475-5477 Apple Blossom Dr

Property Analysis For: 5475-5477 Apple Blossom Dr

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

Revenue
Rental Income	24,360	25,164	25,994	26,852	27,738	28,654	29,599	30,576	31,585	32,627	33,704	34,816	35,965	37,152	38,378

Expenses (Recurring)
Mortgage Payment	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193	13,193
Estimated Annual Property Taxes	1,817	1,872	1,928	1,985	2,045	2,106	2,170	2,235	2,302	2,371	2,442	2,515	2,591	2,668	2,748
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)	15,682	15,757	15,834	15,913	15,995	16,079	16,165	16,254	16,346	16,441	16,538	16,638	16,742	16,848	16,958
Annual Cash Flows	8,678	9,407	10,161	10,939	11,744	12,575	13,434	14,322	15,239	16,187	17,166	18,178	19,223	20,304	21,420

Expenses (Periodic)
Vacancy Costs	195	1,007	1,040	1,074	1,110	1,146	1,184	1,223	1,263	1,305	1,348	1,393	1,439	1,486	1,535
Maintenance & Repairs	0	1,887	1,950	2,014	2,080	2,149	2,220	2,293	2,369	2,447	2,528	2,611	2,697	2,786	2,878
Tenant Placement Credit	-1,015	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	1,015	200	200	1,119	200	200	200	1,274	200	200	200	1,451	200	200	200
Total Expenses (Periodic)	195	3,094	3,189	4,207	3,390	3,495	3,604	4,790	3,832	3,952	4,076	5,455	4,336	4,472	4,613

Total Return On Investment
Acquisition Down Payment	-61,125	0	0	0	0	0	0	0	0	0	0	0	0	0	61,125
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	8,483	6,313	6,971	6,732	8,354	9,080	9,830	9,531	11,407	12,234	13,090	12,723	14,887	15,831	16,807
Tax Savings	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	-26,139
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	53,089
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	321,068
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-56,557
Total Capital In/Out	-56,341	9,114	9,772	9,533	11,154	11,881	12,631	12,332	14,207	15,035	15,890	15,524	17,688	18,632	369,392
Total Return On Investment (IRR)	25.68%

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.