Property Analysis | 200 Magnolia Ct

Property Analysis For: 200 Magnolia Ct

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

Revenue
Rental Income	20,340	21,011	21,705	22,421	23,161	23,925	24,715	25,530	26,373	27,243	28,142	29,071	30,030	31,021	32,045

Expenses (Recurring)
Mortgage Payment	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470	13,470
Estimated Annual Property Taxes	1,187	1,223	1,259	1,297	1,336	1,376	1,417	1,460	1,504	1,549	1,595	1,643	1,692	1,743	1,795
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)	15,329	15,385	15,442	15,501	15,562	15,625	15,690	15,756	15,825	15,896	15,968	16,043	16,120	16,200	16,282
Annual Cash Flows	5,011	5,626	6,262	6,919	7,598	8,300	9,025	9,774	10,548	11,347	12,174	13,027	13,909	14,821	15,763

Expenses (Periodic)
Vacancy Costs	163	840	868	897	926	957	989	1,021	1,055	1,090	1,126	1,163	1,201	1,241	1,282
Maintenance & Repairs	0	1,576	1,628	1,682	1,737	1,794	1,854	1,915	1,978	2,043	2,111	2,180	2,252	2,327	2,403
Tenant Placement Credit	-848	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	848	200	200	934	200	200	200	1,064	200	200	200	1,211	200	200	200
Total Expenses (Periodic)	163	2,616	2,696	3,513	2,863	2,951	3,042	4,000	3,233	3,333	3,436	4,554	3,653	3,767	3,885

Total Return On Investment
Acquisition Down Payment	-59,975	0	0	0	0	0	0	0	0	0	0	0	0	0	59,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,848	3,010	3,566	3,407	4,735	5,349	5,983	5,774	7,315	8,014	8,737	8,473	10,256	11,054	11,878
Tax Savings	2,748	2,748	2,748	2,748	2,748	2,748	2,748	2,748	2,748	2,748	2,748	2,748	2,748	2,748	-25,647
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	50,044
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	364,178
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-55,493
Total Capital In/Out	-58,879	5,758	6,314	6,155	7,483	8,097	8,731	8,522	10,063	10,762	11,485	11,221	13,004	13,802	404,934
Total Return On Investment (IRR)	21.65%

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.