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	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874	10,874
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)	12,972	13,035	13,100	13,167	13,236	13,307	13,380	13,455	13,532	13,612	13,694	13,779	13,866	13,955	14,048
Annual Cash Flows	5,628	6,178	6,748	7,336	7,944	8,572	9,221	9,891	10,584	11,301	12,041	12,805	13,595	14,412	15,256

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	5,479	3,769	4,265	4,124	5,308	5,856	6,422	6,234	7,611	8,236	8,881	8,640	10,237	10,950	11,686
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	38,312
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	-46,035	5,930	6,427	6,285	7,470	8,017	8,583	8,395	9,773	10,397	11,043	10,802	12,399	13,111	281,143
Total Return On Investment (IRR)	23.10%

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.