Property Analysis | 1463-1465 S. Cooper St

Property Analysis For: 1463-1465 S. Cooper St

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

Revenue
Rental Income	21,000	21,693	22,409	23,148	23,912	24,701	25,517	26,359	27,228	28,127	29,055	30,014	31,004	32,028	33,084

Expenses (Recurring)
Mortgage Payment	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162	11,162
Estimated Annual Property Taxes	1,127	1,161	1,196	1,232	1,268	1,307	1,346	1,386	1,428	1,470	1,515	1,560	1,607	1,655	1,705
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)	12,961	13,015	13,071	13,128	13,187	13,248	13,310	13,375	13,441	13,510	13,580	13,653	13,727	13,804	13,883
Annual Cash Flows	8,039	8,678	9,338	10,020	10,725	11,454	12,206	12,984	13,787	14,617	15,475	16,361	17,277	18,223	19,201

Expenses (Periodic)
Vacancy Costs	168	868	896	926	956	988	1,021	1,054	1,089	1,125	1,162	1,201	1,240	1,281	1,323
Maintenance & Repairs	0	1,627	1,681	1,736	1,793	1,853	1,914	1,977	2,042	2,110	2,179	2,251	2,325	2,402	2,481
Tenant Placement Credit	-875	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	875	200	200	965	200	200	200	1,098	200	200	200	1,251	200	200	200
Total Expenses (Periodic)	168	2,695	2,777	3,627	2,950	3,041	3,134	4,130	3,331	3,435	3,541	4,702	3,766	3,883	4,005

Total Return On Investment
Acquisition Down Payment	-49,700	0	0	0	0	0	0	0	0	0	0	0	0	0	49,700
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	7,871	5,983	6,561	6,394	7,775	8,413	9,072	8,854	10,456	11,183	11,934	11,659	13,512	14,340	15,196
Tax Savings	2,277	2,277	2,277	2,277	2,277	2,277	2,277	2,277	2,277	2,277	2,277	2,277	2,277	2,277	-21,254
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	41,470
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	261,056
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-45,986
Total Capital In/Out	-46,052	8,260	8,838	8,671	10,052	10,690	11,349	11,131	12,733	13,460	14,211	13,936	15,789	16,617	300,184
Total Return On Investment (IRR)	26.98%

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.