Property Analysis | 1400 Hanger St

Property Analysis For: 1400 Hanger St

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	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215
Estimated Annual Property Taxes	922	950	978	1,007	1,038	1,069	1,101	1,134	1,168	1,203	1,239	1,276	1,315	1,354	1,395
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)	10,809	10,857	10,906	10,957	11,009	11,063	11,118	11,175	11,234	11,295	11,357	11,421	11,487	11,556	11,626
Annual Cash Flows	4,791	5,258	5,741	6,239	6,755	7,287	7,837	8,406	8,993	9,600	10,227	10,875	11,544	12,236	12,951

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	-39,975	0	0	0	0	0	0	0	0	0	0	0	0	0	39,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,666	3,205	3,626	3,545	4,512	4,977	5,457	5,338	6,467	6,997	7,545	7,382	8,696	9,300	9,925
Tax Savings	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	-17,095
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,465
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	209,974
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,987
Total Capital In/Out	-39,977	5,037	5,458	5,377	6,343	6,808	7,289	7,169	8,298	8,828	9,376	9,213	10,527	11,132	238,257
Total Return On Investment (IRR)	22.77%

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.