Property Analysis | 62 Cedar Creek Loop

Property Analysis For: 62 Cedar Creek Loop

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

Revenue
Rental Income	19,140	19,772	20,424	21,098	21,794	22,514	23,256	24,024	24,817	25,636	26,482	27,356	28,258	29,191	30,154

Expenses (Recurring)
Mortgage Payment	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817	11,817
Estimated Annual Property Taxes	1,392	1,434	1,477	1,521	1,567	1,614	1,662	1,712	1,763	1,816	1,871	1,927	1,985	2,044	2,106
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)	13,881	13,943	14,007	14,073	14,140	14,210	14,282	14,356	14,432	14,510	14,591	14,674	14,760	14,848	14,939
Annual Cash Flows	5,259	5,829	6,417	7,026	7,654	8,304	8,975	9,668	10,385	11,125	11,891	12,681	13,498	14,343	15,215

Expenses (Periodic)
Vacancy Costs	153	791	817	844	872	901	930	961	993	1,025	1,059	1,094	1,130	1,168	1,206
Maintenance & Repairs	0	1,483	1,532	1,582	1,635	1,689	1,744	1,802	1,861	1,923	1,986	2,052	2,119	2,189	2,262
Tenant Placement Credit	-798	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	798	200	200	879	200	200	200	1,001	200	200	200	1,140	200	200	200
Total Expenses (Periodic)	153	2,474	2,549	3,305	2,706	2,789	2,874	3,764	3,054	3,148	3,245	4,286	3,450	3,557	3,668

Total Return On Investment
Acquisition Down Payment	-54,750	0	0	0	0	0	0	0	0	0	0	0	0	0	54,750
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,106	3,355	3,868	3,720	4,948	5,515	6,100	5,905	7,331	7,977	8,645	8,396	10,049	10,786	11,547
Tax Savings	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	-23,413
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	47,552
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	332,450
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-50,658
Total Capital In/Out	-53,636	5,863	6,377	6,229	7,456	8,023	8,609	8,413	9,840	10,486	11,154	10,904	12,557	13,294	372,229
Total Return On Investment (IRR)	22.38%

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.