Property Analysis | 3449-3451 Arnold Rd

Property Analysis For: 3449-3451 Arnold Rd

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

Revenue
Rental Income	21,480	22,189	22,921	23,677	24,459	25,266	26,100	26,961	27,851	28,770	29,719	30,700	31,713	32,760	33,841

Expenses (Recurring)
Mortgage Payment	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560	12,560
Estimated Annual Property Taxes	562	579	596	614	633	652	671	691	712	733	755	778	801	825	850
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)	13,794	13,831	13,870	13,909	13,949	13,991	14,034	14,078	14,124	14,170	14,219	14,269	14,320	14,373	14,427
Annual Cash Flows	7,686	8,357	9,052	9,769	10,510	11,275	12,066	12,883	13,727	14,599	15,500	16,431	17,393	18,387	19,414

Expenses (Periodic)
Vacancy Costs	172	888	917	947	978	1,011	1,044	1,078	1,114	1,151	1,189	1,228	1,269	1,310	1,354
Maintenance & Repairs	0	1,664	1,719	1,776	1,834	1,895	1,957	2,022	2,089	2,158	2,229	2,302	2,378	2,457	2,538
Tenant Placement Credit	-895	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	895	200	200	987	200	200	200	1,123	200	200	200	1,279	200	200	200
Total Expenses (Periodic)	172	2,752	2,836	3,709	3,013	3,106	3,201	4,224	3,403	3,509	3,618	4,810	3,847	3,967	4,092

Total Return On Investment
Acquisition Down Payment	-55,925	0	0	0	0	0	0	0	0	0	0	0	0	0	55,925
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	7,514	5,606	6,216	6,059	7,497	8,169	8,864	8,659	10,324	11,091	11,883	11,622	13,546	14,420	15,322
Tax Savings	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	2,562	-23,916
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	46,665
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	293,754
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-51,745
Total Capital In/Out	-52,349	8,168	8,778	8,622	10,059	10,732	11,427	11,221	12,887	13,653	14,445	14,184	16,109	16,982	336,005
Total Return On Investment (IRR)	25.23%

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.