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	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727	8,727
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)	10,432	10,483	10,536	10,590	10,646	10,703	10,763	10,824	10,887	10,952	11,018	11,087	11,158	11,231	11,306
Annual Cash Flows	4,568	5,012	5,471	5,945	6,434	6,940	7,463	8,004	8,562	9,139	9,735	10,352	10,988	11,646	12,326

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	4,448	3,030	3,430	3,354	4,270	4,711	5,167	5,054	6,125	6,629	7,149	6,993	8,241	8,815	9,408
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	29,943
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	-37,714	4,742	5,142	5,067	5,983	6,424	6,880	6,767	7,838	8,341	8,861	8,705	9,954	10,528	222,478
Total Return On Investment (IRR)	22.71%

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.