Property Analysis | 2057 Collier Dr

Property Analysis For: 2057 Collier Dr

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

Revenue
Rental Income	10,200	10,537	10,884	11,243	11,615	11,998	12,394	12,803	13,225	13,662	14,112	14,578	15,059	15,556	16,070

Expenses (Recurring)
Mortgage Payment	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814	5,814
Estimated Annual Property Taxes	318	328	337	347	358	369	380	391	403	415	427	440	453	467	481
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)	6,804	6,833	6,864	6,896	6,928	6,961	6,996	7,031	7,068	7,105	7,144	7,184	7,225	7,268	7,311
Annual Cash Flows	3,396	3,703	4,020	4,348	4,687	5,036	5,398	5,771	6,157	6,556	6,968	7,394	7,834	8,289	8,758

Expenses (Periodic)
Vacancy Costs	82	421	435	450	465	480	496	512	529	546	564	583	602	622	643
Maintenance & Repairs	0	790	816	843	871	900	930	960	992	1,025	1,058	1,093	1,129	1,167	1,205
Tenant Placement Credit	-425	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	425	200	200	468	200	200	200	533	200	200	200	607	200	200	200
Total Expenses (Periodic)	82	1,412	1,452	1,761	1,536	1,580	1,625	2,006	1,721	1,771	1,823	2,284	1,932	1,989	2,048

Total Return On Investment
Acquisition Down Payment	-25,550	0	0	0	0	0	0	0	0	0	0	0	0	0	25,550
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,315	2,291	2,569	2,586	3,151	3,457	3,773	3,766	4,436	4,785	5,145	5,110	5,902	6,300	6,710
Tax Savings	1,171	1,171	1,171	1,171	1,171	1,171	1,171	1,171	1,171	1,171	1,171	1,171	1,171	1,171	-10,926
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	21,033
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	134,205
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-23,640
Total Capital In/Out	-27,565	3,462	3,739	3,757	4,321	4,627	4,943	4,936	5,607	5,956	6,316	6,281	7,073	7,470	152,932
Total Return On Investment (IRR)	22.31%

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.