Property Analysis | 201 Pineview Ave

Property Analysis For: 201 Pineview Ave

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

Revenue
Rental Income	15,300	15,805	16,326	16,865	17,422	17,997	18,591	19,204	19,838	20,492	21,169	21,867	22,589	23,334	24,104

Expenses (Recurring)
Mortgage Payment	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411	8,411
Estimated Annual Property Taxes	784	808	832	857	882	909	936	964	993	1,023	1,054	1,085	1,118	1,151	1,186
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)	9,867	9,911	9,956	10,002	10,050	10,099	10,150	10,202	10,255	10,311	10,368	10,426	10,487	10,549	10,613
Annual Cash Flows	5,433	5,894	6,371	6,863	7,372	7,898	8,441	9,002	9,582	10,182	10,801	11,441	12,102	12,785	13,491

Expenses (Periodic)
Vacancy Costs	122	632	653	675	697	720	744	768	794	820	847	875	904	933	964
Maintenance & Repairs	0	1,185	1,224	1,265	1,307	1,350	1,394	1,440	1,488	1,537	1,588	1,640	1,694	1,750	1,808
Tenant Placement Credit	-638	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	638	200	200	703	200	200	200	800	200	200	200	911	200	200	200
Total Expenses (Periodic)	122	2,018	2,078	2,642	2,204	2,270	2,338	3,009	2,481	2,557	2,634	3,426	2,798	2,883	2,972

Total Return On Investment
Acquisition Down Payment	-37,450	0	0	0	0	0	0	0	0	0	0	0	0	0	37,450
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,311	3,877	4,293	4,221	5,169	5,628	6,103	5,994	7,101	7,625	8,167	8,015	9,304	9,902	10,519
Tax Savings	1,716	1,716	1,716	1,716	1,716	1,716	1,716	1,716	1,716	1,716	1,716	1,716	1,716	1,716	-16,015
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	31,249
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	196,711
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,651
Total Capital In/Out	-36,924	5,593	6,009	5,937	6,884	7,344	7,819	7,710	8,817	9,341	9,882	9,731	11,020	11,618	225,263
Total Return On Investment (IRR)	24.64%

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.