Property Analysis | 344-346 Flynn Rd

Property Analysis For: 344-346 Flynn Rd

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

Revenue
Rental Income	15,600	16,115	16,647	17,196	17,763	18,350	18,955	19,581	20,227	20,894	21,584	22,296	23,032	23,792	24,577

Expenses (Recurring)
Mortgage Payment	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365	9,365
Estimated Annual Property Taxes	675	695	716	738	760	783	806	830	855	881	907	934	962	991	1,021
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)	10,712	10,752	10,794	10,836	10,881	10,926	10,973	11,021	11,071	11,122	11,175	11,229	11,285	11,343	11,402
Annual Cash Flows	4,888	5,363	5,853	6,359	6,883	7,423	7,982	8,559	9,156	9,772	10,409	11,067	11,747	12,449	13,175

Expenses (Periodic)
Vacancy Costs	125	645	666	688	711	734	758	783	809	836	863	892	921	952	983
Maintenance & Repairs	0	1,209	1,248	1,290	1,332	1,376	1,422	1,469	1,517	1,567	1,619	1,672	1,727	1,784	1,843
Tenant Placement Credit	-650	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	650	200	200	716	200	200	200	816	200	200	200	929	200	200	200
Total Expenses (Periodic)	125	2,053	2,114	2,694	2,243	2,310	2,380	3,068	2,526	2,603	2,682	3,493	2,849	2,936	3,026

Total Return On Investment
Acquisition Down Payment	-40,625	0	0	0	0	0	0	0	0	0	0	0	0	0	40,625
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,764	3,310	3,739	3,665	4,640	5,113	5,602	5,492	6,630	7,169	7,727	7,574	8,898	9,513	10,149
Tax Savings	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	1,861	-17,373
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,993
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	213,388
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-37,589
Total Capital In/Out	-40,500	5,171	5,600	5,527	6,501	6,975	7,464	7,353	8,491	9,031	9,588	9,435	10,759	11,375	242,193
Total Return On Investment (IRR)	22.90%

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.