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	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316	8,316
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)	9,998	10,048	10,100	10,154	10,209	10,266	10,324	10,384	10,446	10,510	10,576	10,644	10,714	10,786	10,860
Annual Cash Flows	4,342	4,765	5,202	5,653	6,120	6,602	7,100	7,615	8,147	8,696	9,264	9,851	10,458	11,084	11,732

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	-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	4,228	2,862	3,242	3,177	4,042	4,462	4,896	4,795	5,808	6,288	6,783	6,640	7,823	8,369	8,934
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	29,298
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	-36,695	4,514	4,895	4,830	5,695	6,115	6,549	6,448	7,461	7,940	8,436	8,293	9,476	10,022	214,990
Total Return On Investment (IRR)	22.46%

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.