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	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215	9,215
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)	10,631	10,673	10,717	10,762	10,808	10,856	10,905	10,956	11,008	11,062	11,118	11,175	11,234	11,294	11,357
Annual Cash Flows	4,909	5,380	5,866	6,368	6,887	7,423	7,977	8,549	9,141	9,752	10,383	11,036	11,710	12,406	13,126

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	4,785	3,334	3,759	3,684	4,652	5,121	5,605	5,493	6,623	7,158	7,710	7,556	8,871	9,481	10,110
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	32,465
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	-39,858	5,165	5,590	5,516	6,483	6,952	7,437	7,325	8,455	8,990	9,542	9,387	10,703	11,312	238,443
Total Return On Investment (IRR)	23.04%

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.