Property Analysis | 11 Clifton Dr

Property Analysis For: 11 Clifton Dr

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

Revenue
Rental Income	15,000	15,495	16,006	16,535	17,080	17,644	18,226	18,828	19,449	20,091	20,754	21,439	22,146	22,877	23,632

Expenses (Recurring)
Mortgage Payment	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394	8,394
Estimated Annual Property Taxes	1,033	1,064	1,096	1,129	1,163	1,198	1,233	1,270	1,309	1,348	1,388	1,430	1,473	1,517	1,563
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)	10,099	10,150	10,203	10,257	10,313	10,371	10,430	10,491	10,554	10,619	10,686	10,754	10,825	10,898	10,973
Annual Cash Flows	4,901	5,345	5,803	6,277	6,767	7,273	7,796	8,336	8,895	9,472	10,068	10,684	11,321	11,979	12,659

Expenses (Periodic)
Vacancy Costs	120	620	640	661	683	706	729	753	778	804	830	858	886	915	945
Maintenance & Repairs	0	1,162	1,200	1,240	1,281	1,323	1,367	1,412	1,459	1,507	1,557	1,608	1,661	1,716	1,772
Tenant Placement Credit	-625	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	625	200	200	689	200	200	200	784	200	200	200	893	200	200	200
Total Expenses (Periodic)	120	1,982	2,041	2,590	2,164	2,229	2,296	2,950	2,437	2,510	2,587	3,359	2,747	2,831	2,918

Total Return On Investment
Acquisition Down Payment	-37,375	0	0	0	0	0	0	0	0	0	0	0	0	0	37,375
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,781	3,363	3,763	3,687	4,603	5,044	5,500	5,387	6,458	6,961	7,481	7,326	8,574	9,148	9,741
Tax Savings	1,712	1,712	1,712	1,712	1,712	1,712	1,712	1,712	1,712	1,712	1,712	1,712	1,712	1,712	-15,983
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	31,186
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	196,317
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,582
Total Capital In/Out	-37,382	5,075	5,475	5,399	6,315	6,757	7,213	7,099	8,171	8,674	9,194	9,038	10,287	10,860	224,055
Total Return On Investment (IRR)	23.43%

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.