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	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460	8,460
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)	9,575	9,608	9,643	9,678	9,715	9,752	9,791	9,831	9,872	9,915	9,958	10,003	10,050	10,097	10,146
Annual Cash Flows	4,525	4,957	5,403	5,864	6,341	6,833	7,341	7,867	8,410	8,971	9,550	10,149	10,768	11,407	12,068

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	-36,700	0	0	0	0	0	0	0	0	0	0	0	0	0	36,700
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,412	3,082	3,473	3,429	4,294	4,726	5,171	5,094	6,107	6,599	7,107	6,992	8,174	8,734	9,313
Tax Savings	1,682	1,682	1,682	1,682	1,682	1,682	1,682	1,682	1,682	1,682	1,682	1,682	1,682	1,682	-15,694
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,805
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	192,772
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-33,957
Total Capital In/Out	-37,106	4,764	5,155	5,111	5,976	6,407	6,853	6,776	7,789	8,280	8,788	8,673	9,855	10,416	218,939
Total Return On Investment (IRR)	22.87%

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.