Property Analysis | 2 Power Line Dr

Property Analysis For: 2 Power Line Dr

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

Revenue
Rental Income	19,080	19,710	20,360	21,032	21,726	22,443	23,184	23,949	24,739	25,555	26,399	27,270	28,170	29,099	30,060

Expenses (Recurring)
Mortgage Payment	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320	11,320
Estimated Annual Property Taxes	1,113	1,146	1,181	1,216	1,253	1,290	1,329	1,369	1,410	1,452	1,496	1,541	1,587	1,634	1,684
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)	13,105	13,159	13,214	13,271	13,329	13,390	13,452	13,516	13,582	13,649	13,719	13,791	13,865	13,942	14,020
Annual Cash Flows	5,975	6,551	7,146	7,761	8,397	9,053	9,732	10,433	11,157	11,906	12,679	13,479	14,304	15,158	16,039

Expenses (Periodic)
Vacancy Costs	153	788	814	841	869	898	927	958	990	1,022	1,056	1,091	1,127	1,164	1,202
Maintenance & Repairs	0	1,478	1,527	1,577	1,629	1,683	1,739	1,796	1,855	1,917	1,980	2,045	2,113	2,182	2,254
Tenant Placement Credit	-795	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	795	200	200	876	200	200	200	998	200	200	200	1,136	200	200	200
Total Expenses (Periodic)	153	2,467	2,541	3,295	2,698	2,781	2,866	3,752	3,045	3,139	3,236	4,272	3,440	3,546	3,657

Total Return On Investment
Acquisition Down Payment	-49,750	0	0	0	0	0	0	0	0	0	0	0	0	0	49,750
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,822	4,084	4,605	4,466	5,698	6,272	6,866	6,681	8,112	8,767	9,444	9,206	10,865	11,611	12,382
Tax Savings	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	2,279	-21,275
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	40,955
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	302,090
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-46,032
Total Capital In/Out	-48,149	6,364	6,884	6,746	7,978	8,552	9,145	8,960	10,392	11,047	11,723	11,486	13,144	13,891	337,871
Total Return On Investment (IRR)	24.03%

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.