Property Analysis | 317 Warren St

Property Analysis For: 317 Warren St

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

Revenue
Rental Income	17,940	18,532	19,144	19,775	20,428	21,102	21,798	22,518	23,261	24,028	24,821	25,640	26,487	27,361	28,264

Expenses (Recurring)
Mortgage Payment	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944	10,944
Estimated Annual Property Taxes	1,459	1,503	1,548	1,594	1,642	1,691	1,742	1,794	1,848	1,904	1,961	2,020	2,080	2,143	2,207
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)	13,075	13,138	13,204	13,272	13,342	13,414	13,488	13,564	13,643	13,724	13,807	13,893	13,982	14,073	14,167
Annual Cash Flows	4,865	5,394	5,939	6,503	7,086	7,688	8,310	8,953	9,618	10,304	11,014	11,747	12,505	13,288	14,097

Expenses (Periodic)
Vacancy Costs	144	741	766	791	817	844	872	901	930	961	993	1,026	1,059	1,094	1,131
Maintenance & Repairs	0	1,390	1,436	1,483	1,532	1,583	1,635	1,689	1,745	1,802	1,862	1,923	1,986	2,052	2,120
Tenant Placement Credit	-748	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	748	200	200	824	200	200	200	938	200	200	200	1,068	200	200	200
Total Expenses (Periodic)	144	2,331	2,402	3,098	2,549	2,627	2,707	3,528	2,875	2,963	3,054	4,017	3,246	3,346	3,450

Total Return On Investment
Acquisition Down Payment	-47,475	0	0	0	0	0	0	0	0	0	0	0	0	0	47,475
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,722	3,062	3,538	3,405	4,537	5,061	5,603	5,426	6,743	7,341	7,959	7,730	9,259	9,941	10,646
Tax Savings	2,175	2,175	2,175	2,175	2,175	2,175	2,175	2,175	2,175	2,175	2,175	2,175	2,175	2,175	-20,302
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	38,556
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	249,369
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-43,927
Total Capital In/Out	-47,078	5,238	5,713	5,580	6,712	7,237	7,779	7,601	8,918	9,516	10,135	9,905	11,434	12,116	281,818
Total Return On Investment (IRR)	21.79%

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.