Property Analysis | 3058 Domar St

Property Analysis For: 3058 Domar St

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

Revenue
Rental Income	18,600	19,214	19,848	20,503	21,179	21,878	22,600	23,346	24,117	24,912	25,735	26,584	27,461	28,367	29,303

Expenses (Recurring)
Mortgage Payment	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595	10,595
Estimated Annual Property Taxes	1,426	1,469	1,513	1,558	1,605	1,653	1,703	1,754	1,806	1,861	1,916	1,974	2,033	2,094	2,157
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)	12,693	12,756	12,821	12,888	12,956	13,027	13,100	13,175	13,253	13,333	13,415	13,499	13,586	13,676	13,769
Annual Cash Flows	5,907	6,458	7,027	7,615	8,223	8,851	9,500	10,171	10,864	11,580	12,320	13,084	13,875	14,691	15,535

Expenses (Periodic)
Vacancy Costs	149	769	794	820	847	875	904	934	965	996	1,029	1,063	1,098	1,135	1,172
Maintenance & Repairs	0	1,441	1,489	1,538	1,588	1,641	1,695	1,751	1,809	1,868	1,930	1,994	2,060	2,128	2,198
Tenant Placement Credit	-775	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	775	200	200	854	200	200	200	973	200	200	200	1,108	200	200	200
Total Expenses (Periodic)	149	2,410	2,483	3,212	2,636	2,716	2,799	3,658	2,973	3,065	3,159	4,165	3,358	3,462	3,570

Total Return On Investment
Acquisition Down Payment	-47,175	0	0	0	0	0	0	0	0	0	0	0	0	0	47,175
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,758	4,048	4,544	4,403	5,587	6,135	6,701	6,513	7,890	8,515	9,160	8,920	10,517	11,229	11,965
Tax Savings	2,161	2,161	2,161	2,161	2,161	2,161	2,161	2,161	2,161	2,161	2,161	2,161	2,161	2,161	-20,174
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	39,363
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	247,793
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-43,649
Total Capital In/Out	-45,756	6,210	6,706	6,564	7,749	8,296	8,862	8,675	10,052	10,676	11,322	11,081	12,678	13,390	282,473
Total Return On Investment (IRR)	23.59%

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.