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	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328	9,328
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)	10,961	11,010	11,061	11,113	11,166	11,221	11,278	11,337	11,397	11,459	11,523	11,589	11,656	11,726	11,798
Annual Cash Flows	4,639	5,105	5,586	6,083	6,597	7,128	7,677	8,244	8,830	9,435	10,061	10,707	11,375	12,066	12,779

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	4,514	3,051	3,472	3,389	4,355	4,818	5,297	5,176	6,304	6,833	7,379	7,214	8,527	9,130	9,752
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	32,005
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	-40,106	4,882	5,302	5,220	6,185	6,649	7,128	7,007	8,134	8,663	9,209	9,045	10,357	10,960	237,502
Total Return On Investment (IRR)	22.46%

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.