Property Analysis | 3717 Teresa Cv

Property Analysis For: 3717 Teresa Cv

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

Revenue
Rental Income	14,100	14,565	15,046	15,542	16,055	16,585	17,133	17,698	18,282	18,885	19,508	20,152	20,817	21,504	22,214

Expenses (Recurring)
Mortgage Payment	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760	7,760
Estimated Annual Property Taxes	443	456	470	484	499	514	529	545	561	578	595	613	632	651	670
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)	8,875	8,908	8,943	8,978	9,015	9,052	9,091	9,131	9,172	9,215	9,258	9,303	9,349	9,397	9,446
Annual Cash Flows	5,225	5,657	6,103	6,564	7,041	7,533	8,041	8,567	9,110	9,671	10,250	10,849	11,468	12,107	12,768

Expenses (Periodic)
Vacancy Costs	113	583	602	622	642	663	685	708	731	755	780	806	833	860	889
Maintenance & Repairs	0	1,092	1,128	1,166	1,204	1,244	1,285	1,327	1,371	1,416	1,463	1,511	1,561	1,613	1,666
Tenant Placement Credit	-588	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	588	200	200	648	200	200	200	737	200	200	200	840	200	200	200
Total Expenses (Periodic)	113	1,875	1,930	2,435	2,046	2,107	2,170	2,773	2,302	2,372	2,443	3,157	2,594	2,673	2,755

Total Return On Investment
Acquisition Down Payment	-34,550	0	0	0	0	0	0	0	0	0	0	0	0	0	34,550
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,113	3,782	4,173	4,129	4,994	5,426	5,871	5,794	6,807	7,299	7,807	7,692	8,874	9,434	10,013
Tax Savings	1,583	1,583	1,583	1,583	1,583	1,583	1,583	1,583	1,583	1,583	1,583	1,583	1,583	1,583	-14,775
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,829
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	181,479
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-31,968
Total Capital In/Out	-34,354	5,365	5,756	5,712	6,577	7,009	7,454	7,377	8,390	8,882	9,390	9,275	10,457	11,017	208,128
Total Return On Investment (IRR)	24.94%

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.