Property Analysis | 2571 Burns Ave

Property Analysis For: 2571 Burns Ave

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

Revenue
Rental Income	11,400	11,776	12,165	12,566	12,981	13,409	13,852	14,309	14,781	15,269	15,773	16,293	16,831	17,386	17,960

Expenses (Recurring)
Mortgage Payment	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552	6,552
Estimated Annual Property Taxes	643	662	682	703	724	745	768	791	815	839	864	890	917	944	973
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)	7,867	7,907	7,947	7,989	8,032	8,077	8,122	8,170	8,218	8,268	8,320	8,373	8,427	8,483	8,541
Annual Cash Flows	3,533	3,869	4,217	4,577	4,949	5,333	5,729	6,139	6,563	7,001	7,453	7,921	8,404	8,903	9,419

Expenses (Periodic)
Vacancy Costs	91	471	487	503	519	536	554	572	591	611	631	652	673	695	718
Maintenance & Repairs	0	883	912	942	974	1,006	1,039	1,073	1,109	1,145	1,183	1,222	1,262	1,304	1,347
Tenant Placement Credit	-475	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	475	200	200	524	200	200	200	596	200	200	200	679	200	200	200
Total Expenses (Periodic)	91	1,554	1,599	1,969	1,693	1,742	1,793	2,242	1,900	1,956	2,014	2,553	2,136	2,199	2,265

Total Return On Investment
Acquisition Down Payment	-28,425	0	0	0	0	0	0	0	0	0	0	0	0	0	28,425
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,441	2,315	2,618	2,608	3,256	3,590	3,936	3,898	4,663	5,045	5,439	5,368	6,268	6,704	7,153
Tax Savings	1,302	1,302	1,302	1,302	1,302	1,302	1,302	1,302	1,302	1,302	1,302	1,302	1,302	1,302	-12,156
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	23,085
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	149,306
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-26,301
Total Capital In/Out	-30,181	3,618	3,921	3,911	4,558	4,893	5,239	5,200	5,966	6,347	6,742	6,670	7,571	8,006	169,513
Total Return On Investment (IRR)	22.00%

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.