Property Analysis | 1905 W 16th St

Property Analysis For: 1905 W 16th St

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

Revenue
Rental Income	20,040	20,701	21,384	22,090	22,819	23,572	24,350	25,154	25,984	26,841	27,727	28,642	29,587	30,563	31,572

Expenses (Recurring)
Mortgage Payment	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724	11,724
Estimated Annual Property Taxes	500	515	530	546	563	580	597	615	633	652	672	692	713	734	756
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)	12,896	12,931	12,967	13,004	13,043	13,082	13,123	13,165	13,208	13,253	13,299	13,346	13,395	13,445	13,497
Annual Cash Flows	7,144	7,770	8,417	9,086	9,776	10,490	11,227	11,988	12,775	13,588	14,428	15,296	16,192	17,119	18,075

Expenses (Periodic)
Vacancy Costs	160	828	855	884	913	943	974	1,006	1,039	1,074	1,109	1,146	1,183	1,223	1,263
Maintenance & Repairs	0	1,553	1,604	1,657	1,711	1,768	1,826	1,887	1,949	2,013	2,080	2,148	2,219	2,292	2,368
Tenant Placement Credit	-835	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	835	200	200	920	200	200	200	1,048	200	200	200	1,193	200	200	200
Total Expenses (Periodic)	160	2,581	2,659	3,461	2,824	2,911	3,000	3,941	3,188	3,287	3,389	4,487	3,603	3,715	3,831

Total Return On Investment
Acquisition Down Payment	-52,200	0	0	0	0	0	0	0	0	0	0	0	0	0	52,200
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	6,984	5,190	5,758	5,625	6,952	7,579	8,227	8,048	9,587	10,301	11,039	10,809	12,590	13,404	14,245
Tax Savings	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	2,392	-22,323
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	43,556
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	316,966
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-48,299
Total Capital In/Out	-49,324	7,581	8,150	8,017	9,344	9,971	10,618	10,439	11,979	12,693	13,431	13,200	14,981	15,795	356,346
Total Return On Investment (IRR)	25.63%

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.