Property Analysis | 120 Southeastern Ave

Property Analysis For: 120 Southeastern Ave

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

Revenue
Rental Income	15,600	16,115	16,647	17,196	17,763	18,350	18,955	19,581	20,227	20,894	21,584	22,296	23,032	23,792	24,577

Expenses (Recurring)
Mortgage Payment	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972	8,972
Estimated Annual Property Taxes	961	990	1,020	1,050	1,082	1,114	1,147	1,182	1,217	1,254	1,292	1,330	1,370	1,411	1,454
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)	10,605	10,654	10,705	10,757	10,810	10,866	10,922	10,981	11,041	11,103	11,167	11,233	11,301	11,371	11,443
Annual Cash Flows	4,995	5,460	5,942	6,439	6,953	7,484	8,033	8,600	9,186	9,791	10,417	11,063	11,731	12,421	13,134

Expenses (Periodic)
Vacancy Costs	125	645	666	688	711	734	758	783	809	836	863	892	921	952	983
Maintenance & Repairs	0	1,209	1,248	1,290	1,332	1,376	1,422	1,469	1,517	1,567	1,619	1,672	1,727	1,784	1,843
Tenant Placement Credit	-650	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	650	200	200	716	200	200	200	816	200	200	200	929	200	200	200
Total Expenses (Periodic)	125	2,053	2,114	2,694	2,243	2,310	2,380	3,068	2,526	2,603	2,682	3,493	2,849	2,936	3,026

Total Return On Investment
Acquisition Down Payment	-39,950	0	0	0	0	0	0	0	0	0	0	0	0	0	39,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,870	3,407	3,827	3,745	4,710	5,174	5,653	5,532	6,660	7,188	7,735	7,570	8,882	9,485	10,108
Tax Savings	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	1,830	-17,084
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	33,335
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	209,843
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,964
Total Capital In/Out	-39,750	5,238	5,658	5,575	6,541	7,004	7,483	7,363	8,490	9,019	9,565	9,400	10,713	11,316	239,187
Total Return On Investment (IRR)	23.18%

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.