Property Analysis | 1641 S Cooper St

Property Analysis For: 1641 S Cooper St

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

Revenue
Rental Income	10,620	10,970	11,332	11,706	12,093	12,492	12,904	13,330	13,770	14,224	14,694	15,178	15,679	16,197	16,731

Expenses (Recurring)
Mortgage Payment	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845	5,845
Estimated Annual Property Taxes	368	379	390	402	414	427	439	453	466	480	495	509	525	540	557
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)	6,885	6,916	6,948	6,981	7,016	7,051	7,087	7,124	7,162	7,202	7,243	7,285	7,328	7,372	7,418
Annual Cash Flows	3,735	4,054	4,384	4,725	5,077	5,441	5,817	6,206	6,607	7,022	7,451	7,894	8,352	8,824	9,313

Expenses (Periodic)
Vacancy Costs	85	439	453	468	484	500	516	533	551	569	588	607	627	648	669
Maintenance & Repairs	0	823	850	878	907	937	968	1,000	1,033	1,067	1,102	1,138	1,176	1,215	1,255
Tenant Placement Credit	-443	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	443	200	200	488	200	200	200	555	200	200	200	632	200	200	200
Total Expenses (Periodic)	85	1,462	1,503	1,834	1,591	1,637	1,684	2,088	1,784	1,836	1,890	2,378	2,003	2,063	2,124

Total Return On Investment
Acquisition Down Payment	-26,025	0	0	0	0	0	0	0	0	0	0	0	0	0	26,025
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,650	2,593	2,881	2,891	3,487	3,805	4,133	4,117	4,824	5,186	5,561	5,516	6,348	6,762	7,189
Tax Savings	1,192	1,192	1,192	1,192	1,192	1,192	1,192	1,192	1,192	1,192	1,192	1,192	1,192	1,192	-11,129
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	21,716
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	136,700
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-24,080
Total Capital In/Out	-27,683	3,785	4,073	4,083	4,679	4,997	5,326	5,310	6,016	6,379	6,754	6,708	7,541	7,954	156,420
Total Return On Investment (IRR)	23.18%

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.