Property Analysis | 3356 Rochester Rd

Property Analysis For: 3356 Rochester Rd

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

Revenue
Rental Income	10,980	11,342	11,717	12,103	12,503	12,915	13,341	13,782	14,237	14,706	15,192	15,693	16,211	16,746	17,298

Expenses (Recurring)
Mortgage Payment	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042	6,042
Estimated Annual Property Taxes	399	411	423	436	449	463	476	491	505	521	536	552	569	586	604
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)	7,113	7,145	7,178	7,212	7,247	7,283	7,320	7,359	7,398	7,439	7,481	7,524	7,569	7,614	7,662
Annual Cash Flows	3,867	4,198	4,539	4,891	5,256	5,632	6,021	6,423	6,838	7,267	7,711	8,169	8,642	9,131	9,637

Expenses (Periodic)
Vacancy Costs	88	454	469	484	500	517	534	551	569	588	608	628	648	670	692
Maintenance & Repairs	0	851	879	908	938	969	1,001	1,034	1,068	1,103	1,139	1,177	1,216	1,256	1,297
Tenant Placement Credit	-458	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	458	200	200	504	200	200	200	574	200	200	200	654	200	200	200
Total Expenses (Periodic)	88	1,504	1,547	1,896	1,638	1,685	1,734	2,159	1,837	1,891	1,947	2,459	2,064	2,126	2,189

Total Return On Investment
Acquisition Down Payment	-26,900	0	0	0	0	0	0	0	0	0	0	0	0	0	26,900
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,780	2,693	2,991	2,995	3,618	3,947	4,287	4,264	5,001	5,376	5,764	5,710	6,578	7,006	7,448
Tax Savings	1,233	1,233	1,233	1,233	1,233	1,233	1,233	1,233	1,233	1,233	1,233	1,233	1,233	1,233	-11,503
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	22,446
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	141,296
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-24,890
Total Capital In/Out	-28,388	3,926	4,224	4,228	4,850	5,179	5,519	5,496	6,234	6,609	6,996	6,943	7,811	8,238	161,696
Total Return On Investment (IRR)	23.33%

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.