Property Analysis | 212 Meadows Dr

Property Analysis For: 212 Meadows Dr

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	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027	13,027
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)	14,886	14,942	14,999	15,058	15,119	15,182	15,247	15,313	15,382	15,452	15,525	15,600	15,677	15,757	15,839
Annual Cash Flows	4,254	4,830	5,425	6,040	6,675	7,332	8,010	8,711	9,435	10,183	10,956	11,755	12,581	13,434	14,315

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	4,101	2,356	2,876	2,734	3,969	4,542	5,135	4,947	6,381	7,035	7,711	7,470	9,131	9,877	10,648
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	47,130
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	-57,026	4,979	5,499	5,358	6,592	7,166	7,758	7,570	9,004	9,658	10,334	10,093	11,754	12,500	385,205
Total Return On Investment (IRR)	20.89%

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.