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	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423	8,423
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)	10,028	10,076	10,126	10,177	10,230	10,284	10,340	10,397	10,457	10,518	10,580	10,645	10,712	10,780	10,851
Annual Cash Flows	3,352	3,745	4,152	4,572	5,006	5,454	5,918	6,397	6,892	7,403	7,932	8,478	9,043	9,626	10,228

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	-36,075	0	0	0	0	0	0	0	0	0	0	0	0	0	36,075
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,245	1,956	2,310	2,261	3,054	3,444	3,848	3,766	4,697	5,142	5,603	5,482	6,571	7,079	7,604
Tax Savings	1,653	1,653	1,653	1,653	1,653	1,653	1,653	1,653	1,653	1,653	1,653	1,653	1,653	1,653	-15,427
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,901
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	189,489
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-33,379
Total Capital In/Out	-37,677	3,608	3,963	3,914	4,707	5,097	5,501	5,419	6,350	6,795	7,256	7,135	8,224	8,732	213,263
Total Return On Investment (IRR)	20.43%

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.