Property Analysis | 1309-1311 S. Barksdale St

Property Analysis For: 1309-1311 S. Barksdale St

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

Revenue
Rental Income	22,200	22,933	23,689	24,471	25,279	26,113	26,975	27,865	28,784	29,734	30,715	31,729	32,776	33,858	34,975

Expenses (Recurring)
Mortgage Payment	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072	13,072
Estimated Annual Property Taxes	1,562	1,609	1,657	1,707	1,758	1,811	1,865	1,921	1,979	2,038	2,099	2,162	2,227	2,294	2,363
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)	15,306	15,373	15,442	15,514	15,587	15,662	15,740	15,820	15,902	15,987	16,075	16,165	16,258	16,353	16,452
Annual Cash Flows	6,894	7,559	8,247	8,958	9,692	10,451	11,235	12,045	12,882	13,747	14,641	15,564	16,518	17,505	18,523

Expenses (Periodic)
Vacancy Costs	178	917	948	979	1,011	1,045	1,079	1,115	1,151	1,189	1,229	1,269	1,311	1,354	1,399
Maintenance & Repairs	0	1,720	1,777	1,835	1,896	1,958	2,023	2,090	2,159	2,230	2,304	2,380	2,458	2,539	2,623
Tenant Placement Credit	-925	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	925	200	200	1,020	200	200	200	1,161	200	200	200	1,322	200	200	200
Total Expenses (Periodic)	178	2,837	2,924	3,834	3,107	3,203	3,302	4,365	3,510	3,619	3,732	4,971	3,969	4,094	4,222

Total Return On Investment
Acquisition Down Payment	-57,450	0	0	0	0	0	0	0	0	0	0	0	0	0	57,450
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	6,716	4,722	5,323	5,124	6,585	7,248	7,933	7,679	9,372	10,127	10,908	10,593	12,549	13,411	14,301
Tax Savings	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	2,632	-24,568
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	47,294
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	301,764
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-53,156
Total Capital In/Out	-54,602	7,354	7,955	7,756	9,217	9,880	10,565	10,312	12,004	12,760	13,541	13,226	15,181	16,043	343,086
Total Return On Investment (IRR)	23.64%

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.