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	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891	12,891
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)	14,125	14,162	14,201	14,240	14,280	14,322	14,365	14,409	14,455	14,501	14,550	14,600	14,651	14,704	14,758
Annual Cash Flows	7,355	8,026	8,721	9,438	10,179	10,944	11,735	12,552	13,396	14,268	15,169	16,100	17,062	18,056	19,083

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	7,183	5,275	5,885	5,728	7,166	7,838	8,533	8,328	9,993	10,760	11,552	11,291	13,215	14,089	14,991
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	45,419
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	-52,680	7,837	8,447	8,291	9,728	10,401	11,096	10,890	12,556	13,322	14,114	13,853	15,778	16,651	334,428
Total Return On Investment (IRR)	24.70%

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.