Property Analysis | 1691 Paullus Ave

Property Analysis For: 1691 Paullus Ave

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

Revenue
Rental Income	12,600	13,016	13,445	13,889	14,347	14,821	15,310	15,815	16,337	16,876	17,433	18,008	18,603	19,217	19,851

Expenses (Recurring)
Mortgage Payment	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103	7,103
Estimated Annual Property Taxes	823	848	873	899	926	954	983	1,012	1,043	1,074	1,106	1,139	1,173	1,209	1,245
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)	8,598	8,643	8,689	8,736	8,785	8,836	8,888	8,941	8,997	9,053	9,112	9,172	9,234	9,298	9,364
Annual Cash Flows	4,002	4,373	4,757	5,153	5,562	5,985	6,422	6,874	7,340	7,823	8,321	8,836	9,368	9,918	10,487

Expenses (Periodic)
Vacancy Costs	101	521	538	556	574	593	612	633	653	675	697	720	744	769	794
Maintenance & Repairs	0	976	1,008	1,042	1,076	1,112	1,148	1,186	1,225	1,266	1,307	1,351	1,395	1,441	1,489
Tenant Placement Credit	-525	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	525	200	200	579	200	200	200	659	200	200	200	750	200	200	200
Total Expenses (Periodic)	101	1,697	1,746	2,176	1,850	1,904	1,961	2,478	2,079	2,141	2,205	2,821	2,339	2,410	2,483

Total Return On Investment
Acquisition Down Payment	-31,625	0	0	0	0	0	0	0	0	0	0	0	0	0	31,625
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,901	2,676	3,010	2,977	3,712	4,081	4,461	4,396	5,262	5,682	6,116	6,015	7,029	7,508	8,004
Tax Savings	1,449	1,449	1,449	1,449	1,449	1,449	1,449	1,449	1,449	1,449	1,449	1,449	1,449	1,449	-13,524
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	26,388
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	166,115
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-29,261
Total Capital In/Out	-32,775	4,125	4,459	4,426	5,161	5,530	5,910	5,845	6,711	7,131	7,565	7,464	8,478	8,957	189,346
Total Return On Investment (IRR)	22.54%

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.