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	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346	9,346
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)	10,802	10,846	10,891	10,937	10,985	11,034	11,085	11,137	11,191	11,246	11,303	11,362	11,422	11,485	11,549
Annual Cash Flows	4,498	4,959	5,435	5,928	6,437	6,962	7,506	8,067	8,647	9,246	9,866	10,505	11,167	11,850	12,556

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	-41,075	0	0	0	0	0	0	0	0	0	0	0	0	0	41,075
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,375	2,941	3,358	3,286	4,233	4,693	5,168	5,058	6,166	6,690	7,231	7,080	8,369	8,966	9,584
Tax Savings	1,882	1,882	1,882	1,882	1,882	1,882	1,882	1,882	1,882	1,882	1,882	1,882	1,882	1,882	-17,565
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	33,814
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	215,752
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-38,005
Total Capital In/Out	-41,318	4,823	5,240	5,168	6,115	6,575	7,050	6,940	8,048	8,572	9,113	8,962	10,251	10,848	244,654
Total Return On Investment (IRR)	22.07%

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.