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	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033	12,033
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)	13,205	13,240	13,276	13,313	13,352	13,391	13,432	13,474	13,517	13,562	13,608	13,655	13,704	13,754	13,805
Annual Cash Flows	6,835	7,461	8,108	8,777	9,467	10,181	10,918	11,679	12,466	13,279	14,119	14,987	15,883	16,810	17,767

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	6,675	4,881	5,449	5,316	6,643	7,270	7,918	7,739	9,278	9,992	10,730	10,500	12,281	13,095	13,936
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	42,393
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	-49,633	7,272	7,841	7,708	9,035	9,662	10,309	10,130	11,670	12,384	13,122	12,891	14,673	15,486	354,874
Total Return On Investment (IRR)	25.12%

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.