Property Analysis | 205 Magnolia Ct

Property Analysis For: 205 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	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647	13,647
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)	15,506	15,562	15,619	15,678	15,739	15,802	15,867	15,933	16,002	16,073	16,145	16,220	16,297	16,377	16,459
Annual Cash Flows	4,834	5,449	6,085	6,742	7,421	8,123	8,848	9,597	10,371	11,170	11,997	12,850	13,732	14,644	15,586

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	4,671	2,833	3,389	3,230	4,558	5,172	5,806	5,597	7,138	7,837	8,560	8,296	10,079	10,877	11,701
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	49,373
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	-59,056	5,581	6,137	5,978	7,306	7,920	8,554	8,345	9,886	10,585	11,308	11,044	12,827	13,625	404,086
Total Return On Investment (IRR)	21.43%

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.