Property Analysis | 2906 Bishop St

Property Analysis For: 2906 Bishop St

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

Revenue
Rental Income	15,000	15,495	16,006	16,535	17,080	17,644	18,226	18,828	19,449	20,091	20,754	21,439	22,146	22,877	23,632

Expenses (Recurring)
Mortgage Payment	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012	8,012
Estimated Annual Property Taxes	684	705	726	747	770	793	817	841	866	892	919	947	975	1,004	1,035
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)	9,368	9,409	9,451	9,494	9,539	9,584	9,631	9,680	9,730	9,782	9,835	9,889	9,946	10,004	10,063
Annual Cash Flows	5,632	6,086	6,555	7,040	7,542	8,059	8,595	9,147	9,719	10,309	10,919	11,549	12,200	12,873	13,568

Expenses (Periodic)
Vacancy Costs	120	620	640	661	683	706	729	753	778	804	830	858	886	915	945
Maintenance & Repairs	0	1,162	1,200	1,240	1,281	1,323	1,367	1,412	1,459	1,507	1,557	1,608	1,661	1,716	1,772
Tenant Placement Credit	-625	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	625	200	200	689	200	200	200	784	200	200	200	893	200	200	200
Total Expenses (Periodic)	120	1,982	2,041	2,590	2,164	2,229	2,296	2,950	2,437	2,510	2,587	3,359	2,747	2,831	2,918

Total Return On Investment
Acquisition Down Payment	-35,675	0	0	0	0	0	0	0	0	0	0	0	0	0	35,675
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,512	4,104	4,515	4,450	5,377	5,830	6,299	6,198	7,282	7,799	8,332	8,190	9,454	10,042	10,651
Tax Savings	1,635	1,635	1,635	1,635	1,635	1,635	1,635	1,635	1,635	1,635	1,635	1,635	1,635	1,635	-15,256
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,768
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	187,388
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-33,009
Total Capital In/Out	-35,029	5,739	6,149	6,085	7,012	7,465	7,933	7,832	8,917	9,433	9,967	9,825	11,088	11,677	215,217
Total Return On Investment (IRR)	25.56%

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.