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	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486	9,486
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)	10,833	10,873	10,915	10,958	11,002	11,047	11,094	11,142	11,192	11,243	11,296	11,350	11,406	11,464	11,523
Annual Cash Flows	4,767	5,242	5,732	6,238	6,762	7,302	7,861	8,438	9,035	9,651	10,288	10,946	11,626	12,328	13,054

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	4,642	3,188	3,617	3,544	4,519	4,992	5,481	5,371	6,509	7,048	7,606	7,453	8,777	9,392	10,027
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	32,546
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	-40,621	5,050	5,479	5,406	6,380	6,853	7,343	7,232	8,370	8,910	9,467	9,314	10,638	11,253	241,626
Total Return On Investment (IRR)	22.66%

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.