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	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188	12,188
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)	13,360	13,396	13,432	13,469	13,508	13,547	13,588	13,630	13,673	13,718	13,764	13,811	13,859	13,910	13,961
Annual Cash Flows	6,680	7,306	7,953	8,621	9,312	10,025	10,762	11,524	12,311	13,123	13,963	14,831	15,728	16,654	17,611

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	6,519	4,725	5,293	5,160	6,487	7,114	7,762	7,583	9,122	9,837	10,575	10,344	12,125	12,939	13,780
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	41,819
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	-49,789	7,117	7,685	7,552	8,879	9,506	10,154	9,975	11,514	12,228	12,966	12,736	14,517	15,331	354,144
Total Return On Investment (IRR)	24.87%

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.