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	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209	9,209
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)	10,842	10,891	10,941	10,993	11,047	11,102	11,159	11,217	11,278	11,340	11,404	11,469	11,537	11,607	11,679
Annual Cash Flows	4,758	5,224	5,705	6,203	6,716	7,248	7,796	8,363	8,949	9,555	10,180	10,827	11,495	12,185	12,898

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	4,633	3,171	3,591	3,509	4,474	4,937	5,416	5,296	6,423	6,952	7,498	7,334	8,646	9,249	9,872
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	32,445
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	-39,986	5,001	5,421	5,339	6,304	6,768	7,247	7,126	8,254	8,782	9,329	9,164	10,476	11,079	238,061
Total Return On Investment (IRR)	22.70%

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.