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	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027	12,027
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)	13,826	13,880	13,936	13,993	14,052	14,112	14,175	14,240	14,306	14,374	14,445	14,517	14,592	14,669	14,748
Annual Cash Flows	7,174	7,813	8,473	9,156	9,861	10,589	11,341	12,119	12,923	13,753	14,610	15,497	16,412	17,359	18,336

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	-52,175	0	0	0	0	0	0	0	0	0	0	0	0	0	52,175
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	7,006	5,118	5,696	5,529	6,911	7,548	8,207	7,990	9,591	10,318	11,069	10,795	12,647	13,476	14,332
Tax Savings	2,391	2,391	2,391	2,391	2,391	2,391	2,391	2,391	2,391	2,391	2,391	2,391	2,391	2,391	-22,312
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	42,373
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	274,056
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-48,276
Total Capital In/Out	-49,278	7,509	8,087	7,920	9,301	9,939	10,598	10,380	11,982	12,709	13,460	13,185	15,038	15,866	312,349
Total Return On Investment (IRR)	24.95%

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.