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	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725	12,725
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)	13,959	13,996	14,035	14,074	14,114	14,156	14,199	14,243	14,289	14,336	14,384	14,434	14,485	14,538	14,592
Annual Cash Flows	7,521	8,192	8,886	9,604	10,345	11,110	11,901	12,718	13,562	14,434	15,335	16,266	17,228	18,222	19,249

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	7,349	5,441	6,051	5,894	7,332	8,004	8,699	8,494	10,159	10,926	11,718	11,457	13,381	14,255	15,157
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	46,039
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	-52,514	8,003	8,613	8,457	9,894	10,567	11,262	11,056	12,722	13,488	14,280	14,019	15,944	16,817	335,214
Total Return On Investment (IRR)	24.96%

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.