Property Analysis | 207 Magnolia Ct

Property Analysis For: 207 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	1,117	1,151	1,185	1,221	1,257	1,295	1,334	1,374	1,415	1,457	1,501	1,546	1,593	1,640	1,690
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)	15,436	15,490	15,545	15,602	15,661	15,721	15,783	15,847	15,913	15,981	16,051	16,123	16,198	16,274	16,353
Annual Cash Flows	4,904	5,522	6,160	6,819	7,500	8,204	8,931	9,683	10,459	11,262	12,091	12,947	13,832	14,747	15,692

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	4,741	2,905	3,464	3,306	4,637	5,253	5,889	5,683	7,227	7,929	8,654	8,393	10,179	10,979	11,807
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	-58,986	5,653	6,212	6,054	7,385	8,001	8,637	8,431	9,974	10,677	11,402	11,141	12,927	13,727	404,192
Total Return On Investment (IRR)	21.52%

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.