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	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163	9,163
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)	10,619	10,663	10,708	10,754	10,802	10,851	10,901	10,954	11,007	11,063	11,120	11,178	11,239	11,301	11,365
Annual Cash Flows	4,681	5,142	5,619	6,111	6,620	7,146	7,689	8,251	8,831	9,430	10,049	10,689	11,350	12,033	12,739

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	-39,750	0	0	0	0	0	0	0	0	0	0	0	0	0	39,750
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,559	3,125	3,541	3,469	4,417	4,876	5,351	5,242	6,349	6,873	7,415	7,263	8,552	9,150	9,767
Tax Savings	1,821	1,821	1,821	1,821	1,821	1,821	1,821	1,821	1,821	1,821	1,821	1,821	1,821	1,821	-16,999
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,282
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	208,792
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,779
Total Capital In/Out	-39,870	4,946	5,363	5,290	6,238	6,698	7,173	7,063	8,170	8,695	9,236	9,084	10,374	10,971	236,814
Total Return On Investment (IRR)	22.61%

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.