Property Analysis | 2976 Huntington Trail Dr

Property Analysis For: 2976 Huntington Trail Dr

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

Revenue
Rental Income	14,340	14,813	15,302	15,807	16,329	16,868	17,424	17,999	18,593	19,207	19,840	20,495	21,172	21,870	22,592

Expenses (Recurring)
Mortgage Payment	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625	7,625
Estimated Annual Property Taxes	1,010	1,040	1,072	1,104	1,137	1,171	1,206	1,242	1,279	1,318	1,357	1,398	1,440	1,483	1,528
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)	9,307	9,357	9,409	9,463	9,518	9,575	9,633	9,694	9,756	9,820	9,885	9,953	10,023	10,095	10,169
Annual Cash Flows	5,033	5,456	5,893	6,344	6,811	7,293	7,791	8,306	8,837	9,387	9,955	10,542	11,148	11,775	12,423

Expenses (Periodic)
Vacancy Costs	115	593	612	632	653	675	697	720	744	768	794	820	847	875	904
Maintenance & Repairs	0	1,111	1,148	1,186	1,225	1,265	1,307	1,350	1,394	1,441	1,488	1,537	1,588	1,640	1,694
Tenant Placement Credit	-598	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	598	200	200	659	200	200	200	750	200	200	200	854	200	200	200
Total Expenses (Periodic)	115	1,904	1,960	2,476	2,078	2,140	2,204	2,820	2,338	2,409	2,482	3,211	2,635	2,715	2,798

Total Return On Investment
Acquisition Down Payment	-33,950	0	0	0	0	0	0	0	0	0	0	0	0	0	33,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,918	3,552	3,933	3,868	4,733	5,153	5,587	5,486	6,499	6,978	7,473	7,331	8,514	9,060	9,625
Tax Savings	1,556	1,556	1,556	1,556	1,556	1,556	1,556	1,556	1,556	1,556	1,556	1,556	1,556	1,556	-14,518
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,328
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	178,327
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-31,413
Total Capital In/Out	-33,976	5,108	5,488	5,423	6,288	6,708	7,143	7,041	8,055	8,534	9,029	8,887	10,069	10,616	204,299
Total Return On Investment (IRR)	24.48%

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.