Property Analysis | 3316 Tradewind Cv

Property Analysis For: 3316 Tradewind Cv

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

Revenue
Rental Income	15,540	16,053	16,583	17,130	17,695	18,279	18,882	19,505	20,149	20,814	21,501	22,210	22,943	23,700	24,482

Expenses (Recurring)
Mortgage Payment	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096
Estimated Annual Property Taxes	744	766	789	813	837	862	888	915	942	971	1,000	1,030	1,061	1,093	1,125
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)	10,512	10,555	10,598	10,643	10,690	10,738	10,787	10,838	10,890	10,944	10,999	11,056	11,115	11,176	11,238
Annual Cash Flows	5,028	5,498	5,984	6,486	7,005	7,541	8,095	8,668	9,259	9,870	10,502	11,154	11,828	12,525	13,245

Expenses (Periodic)
Vacancy Costs	124	642	663	685	708	731	755	780	806	833	860	888	918	948	979
Maintenance & Repairs	0	1,204	1,244	1,285	1,327	1,371	1,416	1,463	1,511	1,561	1,613	1,666	1,721	1,778	1,836
Tenant Placement Credit	-648	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	648	200	200	714	200	200	200	813	200	200	200	925	200	200	200
Total Expenses (Periodic)	124	2,046	2,107	2,684	2,235	2,302	2,371	3,056	2,517	2,594	2,673	3,480	2,838	2,926	3,015

Total Return On Investment
Acquisition Down Payment	-39,975	0	0	0	0	0	0	0	0	0	0	0	0	0	39,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,904	3,452	3,877	3,803	4,770	5,239	5,724	5,612	6,742	7,277	7,829	7,675	8,990	9,599	10,229
Tax Savings	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	-17,095
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,908
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	209,974
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,987
Total Capital In/Out	-39,740	5,284	5,709	5,634	6,602	7,071	7,555	7,443	8,574	9,108	9,661	9,506	10,821	11,431	239,005
Total Return On Investment (IRR)	23.28%

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.