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	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680	8,680
Estimated Annual Property Taxes	633	652	672	692	712	734	756	779	802	826	851	876	903	930	957
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)	9,985	10,024	10,065	10,106	10,149	10,193	10,238	10,285	10,333	10,383	10,434	10,487	10,541	10,597	10,654
Annual Cash Flows	3,815	4,231	4,661	5,106	5,565	6,039	6,530	7,036	7,560	8,100	8,659	9,237	9,834	10,450	11,087

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	-37,175	0	0	0	0	0	0	0	0	0	0	0	0	0	37,175
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,704	2,392	2,768	2,722	3,558	3,973	4,401	4,322	5,302	5,775	6,264	6,147	7,290	7,830	8,387
Tax Savings	1,703	1,703	1,703	1,703	1,703	1,703	1,703	1,703	1,703	1,703	1,703	1,703	1,703	1,703	-15,897
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,782
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	195,267
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,397
Total Capital In/Out	-38,267	4,095	4,471	4,426	5,261	5,676	6,105	6,026	7,005	7,478	7,967	7,850	8,994	9,533	220,317
Total Return On Investment (IRR)	21.29%

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.