Property Analysis | 2211 S Pine St

Property Analysis For: 2211 S Pine St

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

Revenue
Rental Income	13,800	14,255	14,726	15,212	15,714	16,232	16,768	17,321	17,893	18,483	19,093	19,723	20,374	21,047	21,741

Expenses (Recurring)
Mortgage Payment	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051	8,051
Estimated Annual Property Taxes	1,169	1,204	1,240	1,277	1,316	1,355	1,396	1,438	1,481	1,525	1,571	1,618	1,667	1,717	1,768
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)	9,892	9,947	10,004	10,062	10,123	10,185	10,249	10,315	10,383	10,453	10,525	10,599	10,675	10,754	10,835
Annual Cash Flows	3,908	4,309	4,722	5,149	5,591	6,047	6,519	7,007	7,510	8,031	8,569	9,124	9,699	10,292	10,906

Expenses (Periodic)
Vacancy Costs	110	570	589	608	629	649	671	693	716	739	764	789	815	842	870
Maintenance & Repairs	0	1,069	1,104	1,141	1,179	1,217	1,258	1,299	1,342	1,386	1,432	1,479	1,528	1,578	1,631
Tenant Placement Credit	-575	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	575	200	200	634	200	200	200	722	200	200	200	822	200	200	200
Total Expenses (Periodic)	110	1,839	1,893	2,383	2,007	2,067	2,128	2,714	2,258	2,326	2,396	3,090	2,543	2,620	2,700

Total Return On Investment
Acquisition Down Payment	-34,925	0	0	0	0	0	0	0	0	0	0	0	0	0	34,925
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,798	2,469	2,829	2,766	3,584	3,981	4,391	4,293	5,252	5,705	6,173	6,034	7,156	7,672	8,206
Tax Savings	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	-14,935
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,364
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	183,448
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-32,315
Total Capital In/Out	-36,027	4,069	4,429	4,366	5,184	5,581	5,991	5,893	6,853	7,305	7,773	7,635	8,756	9,272	207,693
Total Return On Investment (IRR)	21.68%

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.