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	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878	11,878
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)	13,050	13,085	13,121	13,158	13,197	13,236	13,277	13,319	13,362	13,407	13,453	13,500	13,549	13,599	13,651
Annual Cash Flows	6,990	7,616	8,263	8,932	9,622	10,336	11,073	11,834	12,621	13,434	14,274	15,142	16,038	16,964	17,921

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	6,830	5,036	5,604	5,471	6,798	7,425	8,073	7,894	9,433	10,147	10,885	10,654	12,436	13,250	14,091
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	42,972
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	-49,478	7,427	7,996	7,863	9,190	9,817	10,464	10,285	11,825	12,539	13,277	13,046	14,827	15,641	355,608
Total Return On Investment (IRR)	25.37%

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.