Property Analysis | 25 Neal Pl

Property Analysis For: 25 Neal Pl

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

Revenue
Rental Income	13,380	13,822	14,278	14,749	15,236	15,738	16,258	16,794	17,348	17,921	18,512	19,123	19,754	20,406	21,080

Expenses (Recurring)
Mortgage Payment	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028	8,028
Estimated Annual Property Taxes	933	961	990	1,020	1,050	1,082	1,114	1,147	1,182	1,217	1,254	1,291	1,330	1,370	1,411
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)	9,633	9,681	9,730	9,781	9,834	9,888	9,944	10,002	10,061	10,122	10,185	10,249	10,316	10,385	10,455
Annual Cash Flows	3,747	4,141	4,547	4,967	5,402	5,850	6,314	6,793	7,288	7,799	8,328	8,874	9,438	10,022	10,624

Expenses (Periodic)
Vacancy Costs	107	553	571	590	609	630	650	672	694	717	740	765	790	816	843
Maintenance & Repairs	0	1,037	1,071	1,106	1,143	1,180	1,219	1,260	1,301	1,344	1,388	1,434	1,482	1,530	1,581
Tenant Placement Credit	-558	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	558	200	200	615	200	200	200	700	200	200	200	797	200	200	200
Total Expenses (Periodic)	107	1,789	1,842	2,311	1,952	2,010	2,070	2,631	2,195	2,261	2,329	2,996	2,472	2,547	2,624

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	3,640	2,351	2,705	2,657	3,449	3,840	4,244	4,162	5,093	5,538	5,999	5,878	6,967	7,475	8,000
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	28,283
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	-36,089	3,947	4,301	4,252	5,045	5,436	5,840	5,757	6,688	7,134	7,594	7,474	8,562	9,070	206,916
Total Return On Investment (IRR)	21.40%

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.