Property Analysis | 2403 S Battery St

Property Analysis For: 2403 S Battery St

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

Revenue
Rental Income	16,200	16,735	17,287	17,857	18,447	19,055	19,684	20,334	21,005	21,698	22,414	23,154	23,918	24,707	25,522

Expenses (Recurring)
Mortgage Payment	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130	9,130
Estimated Annual Property Taxes	1,180	1,215	1,252	1,289	1,328	1,368	1,409	1,451	1,495	1,540	1,586	1,633	1,682	1,733	1,785
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)	10,982	11,037	11,094	11,153	11,214	11,277	11,341	11,407	11,476	11,546	11,619	11,693	11,770	11,849	11,931
Annual Cash Flows	5,218	5,697	6,192	6,704	7,232	7,779	8,343	8,926	9,529	10,152	10,795	11,460	12,147	12,858	13,591

Expenses (Periodic)
Vacancy Costs	130	669	691	714	738	762	787	813	840	868	897	926	957	988	1,021
Maintenance & Repairs	0	1,255	1,297	1,339	1,383	1,429	1,476	1,525	1,575	1,627	1,681	1,737	1,794	1,853	1,914
Tenant Placement Credit	-675	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	675	200	200	744	200	200	200	847	200	200	200	965	200	200	200
Total Expenses (Periodic)	130	2,124	2,188	2,798	2,321	2,391	2,464	3,186	2,616	2,695	2,778	3,627	2,951	3,041	3,135

Total Return On Investment
Acquisition Down Payment	-40,650	0	0	0	0	0	0	0	0	0	0	0	0	0	40,650
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,089	3,573	4,004	3,906	4,911	5,387	5,879	5,741	6,913	7,456	8,018	7,833	9,197	9,816	10,456
Tax Savings	1,863	1,863	1,863	1,863	1,863	1,863	1,863	1,863	1,863	1,863	1,863	1,863	1,863	1,863	-17,383
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	33,919
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	213,520
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-37,612
Total Capital In/Out	-40,199	5,435	5,867	5,769	6,774	7,250	7,742	7,603	8,776	9,319	9,880	9,695	11,059	11,679	243,549
Total Return On Investment (IRR)	23.46%

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.