Property Analysis | 2105 W 16th St

Property Analysis For: 2105 W 16th St

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

Revenue
Rental Income	19,140	19,772	20,424	21,098	21,794	22,514	23,256	24,024	24,817	25,636	26,482	27,356	28,258	29,191	30,154

Expenses (Recurring)
Mortgage Payment	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197	13,197
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)	14,986	15,039	15,095	15,152	15,210	15,271	15,333	15,397	15,463	15,531	15,601	15,673	15,747	15,824	15,903
Annual Cash Flows	4,154	4,732	5,329	5,946	6,584	7,243	7,924	8,627	9,354	10,105	10,881	11,682	12,511	13,367	14,251

Expenses (Periodic)
Vacancy Costs	153	791	817	844	872	901	930	961	993	1,025	1,059	1,094	1,130	1,168	1,206
Maintenance & Repairs	0	1,483	1,532	1,582	1,635	1,689	1,744	1,802	1,861	1,923	1,986	2,052	2,119	2,189	2,262
Tenant Placement Credit	-798	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	798	200	200	879	200	200	200	1,001	200	200	200	1,140	200	200	200
Total Expenses (Periodic)	153	2,474	2,549	3,305	2,706	2,789	2,874	3,764	3,054	3,148	3,245	4,286	3,450	3,557	3,668

Total Return On Investment
Acquisition Down Payment	-57,250	0	0	0	0	0	0	0	0	0	0	0	0	0	57,250
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,001	2,258	2,781	2,641	3,878	4,454	5,049	4,863	6,300	6,957	7,635	7,397	9,061	9,810	10,584
Tax Savings	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	2,623	-24,482
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	46,495
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	347,631
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-52,971
Total Capital In/Out	-57,126	4,881	5,404	5,264	6,501	7,077	7,672	7,486	8,923	9,580	10,258	10,020	11,684	12,433	384,506
Total Return On Investment (IRR)	20.77%

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.