Property Analysis | 215 E Emily St

Property Analysis For: 215 E Emily St

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

Revenue
Rental Income	12,900	13,326	13,765	14,220	14,689	15,174	15,674	16,192	16,726	17,278	17,848	18,437	19,046	19,674	20,323

Expenses (Recurring)
Mortgage Payment	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924	7,924
Estimated Annual Property Taxes	420	433	446	459	473	487	502	517	532	548	564	581	599	617	635
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)	9,016	9,049	9,083	9,117	9,153	9,190	9,228	9,267	9,308	9,349	9,392	9,436	9,481	9,528	9,576
Annual Cash Flows	3,884	4,277	4,683	5,102	5,536	5,984	6,446	6,924	7,418	7,929	8,456	9,001	9,564	10,146	10,747

Expenses (Periodic)
Vacancy Costs	103	533	551	569	588	607	627	648	669	691	714	737	762	787	813
Maintenance & Repairs	0	999	1,032	1,066	1,102	1,138	1,176	1,214	1,254	1,296	1,339	1,383	1,428	1,476	1,524
Tenant Placement Credit	-538	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	538	200	200	592	200	200	200	675	200	200	200	768	200	200	200
Total Expenses (Periodic)	103	1,732	1,783	2,228	1,889	1,945	2,003	2,537	2,123	2,187	2,253	2,888	2,390	2,463	2,537

Total Return On Investment
Acquisition Down Payment	-34,825	0	0	0	0	0	0	0	0	0	0	0	0	0	34,825
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,781	2,544	2,900	2,874	3,646	4,039	4,444	4,388	5,295	5,742	6,204	6,113	7,174	7,684	8,210
Tax Savings	1,596	1,596	1,596	1,596	1,596	1,596	1,596	1,596	1,596	1,596	1,596	1,596	1,596	1,596	-14,892
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,669
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	182,923
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-32,222
Total Capital In/Out	-35,949	4,140	4,495	4,470	5,242	5,634	6,039	5,983	6,891	7,338	7,799	7,708	8,770	9,279	207,512
Total Return On Investment (IRR)	21.81%

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.