Property Analysis | 1494 Mary Jane Ave

Property Analysis For: 1494 Mary Jane Ave

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

Revenue
Rental Income	14,340	14,813	15,302	15,807	16,329	16,868	17,424	17,999	18,593	19,207	19,840	20,495	21,172	21,870	22,592

Expenses (Recurring)
Mortgage Payment	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493	8,493
Estimated Annual Property Taxes	989	1,019	1,049	1,081	1,113	1,147	1,181	1,216	1,253	1,290	1,329	1,369	1,410	1,452	1,496
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)	10,154	10,204	10,255	10,308	10,363	10,419	10,476	10,536	10,597	10,660	10,725	10,792	10,861	10,932	11,006
Annual Cash Flows	4,186	4,609	5,047	5,499	5,966	6,449	6,948	7,463	7,996	8,546	9,115	9,703	10,310	10,938	11,586

Expenses (Periodic)
Vacancy Costs	115	593	612	632	653	675	697	720	744	768	794	820	847	875	904
Maintenance & Repairs	0	1,111	1,148	1,186	1,225	1,265	1,307	1,350	1,394	1,441	1,488	1,537	1,588	1,640	1,694
Tenant Placement Credit	-598	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	598	200	200	659	200	200	200	750	200	200	200	854	200	200	200
Total Expenses (Periodic)	115	1,904	1,960	2,476	2,078	2,140	2,204	2,820	2,338	2,409	2,482	3,211	2,635	2,715	2,798

Total Return On Investment
Acquisition Down Payment	-37,325	0	0	0	0	0	0	0	0	0	0	0	0	0	37,325
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,071	2,706	3,087	3,022	3,888	4,309	4,744	4,643	5,658	6,138	6,633	6,492	7,676	8,223	8,788
Tax Savings	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	-15,962
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,727
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	196,055
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,535
Total Capital In/Out	-38,044	4,416	4,797	4,733	5,598	6,019	6,454	6,354	7,368	7,848	8,344	8,202	9,386	9,933	222,398
Total Return On Investment (IRR)	21.95%

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.