Property Analysis | 202 Magnolia Ct

Property Analysis For: 202 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	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825	13,825
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)	15,684	15,740	15,797	15,856	15,917	15,980	16,045	16,111	16,180	16,251	16,323	16,398	16,475	16,555	16,637
Annual Cash Flows	4,656	5,271	5,907	6,565	7,243	7,945	8,670	9,419	10,193	10,992	11,819	12,672	13,555	14,466	15,408

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	4,493	2,655	3,211	3,052	4,380	4,994	5,628	5,419	6,960	7,659	8,382	8,118	9,901	10,699	11,523
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	48,708
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	-59,234	5,403	5,959	5,800	7,128	7,742	8,376	8,167	9,708	10,407	11,130	10,866	12,649	13,447	403,243
Total Return On Investment (IRR)	21.21%

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.