Property Analysis | 3734 Kimball Ave

Property Analysis For: 3734 Kimball Ave

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

Revenue
Rental Income	17,400	17,974	18,567	19,180	19,813	20,467	21,142	21,840	22,561	23,305	24,074	24,869	25,689	26,537	27,413

Expenses (Recurring)
Mortgage Payment	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234	10,234
Estimated Annual Property Taxes	1,307	1,346	1,387	1,428	1,471	1,515	1,561	1,607	1,656	1,705	1,756	1,809	1,863	1,919	1,977
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)	12,213	12,272	12,333	12,396	12,461	12,528	12,597	12,668	12,741	12,816	12,893	12,973	13,055	13,140	13,227
Annual Cash Flows	5,187	5,702	6,234	6,784	7,352	7,939	8,545	9,172	9,820	10,489	11,181	11,895	12,634	13,397	14,186

Expenses (Periodic)
Vacancy Costs	139	719	743	767	793	819	846	874	902	932	963	995	1,028	1,061	1,097
Maintenance & Repairs	0	1,348	1,393	1,439	1,486	1,535	1,586	1,638	1,692	1,748	1,806	1,865	1,927	1,990	2,056
Tenant Placement Credit	-725	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	725	200	200	799	200	200	200	910	200	200	200	1,036	200	200	200
Total Expenses (Periodic)	139	2,267	2,335	3,005	2,478	2,554	2,631	3,422	2,794	2,880	2,969	3,896	3,154	3,252	3,352

Total Return On Investment
Acquisition Down Payment	-44,975	0	0	0	0	0	0	0	0	0	0	0	0	0	44,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,048	3,435	3,899	3,779	4,873	5,385	5,914	5,751	7,025	7,609	8,212	7,999	9,480	10,145	10,833
Tax Savings	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	2,061	-19,233
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	37,025
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	236,237
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-41,614
Total Capital In/Out	-44,366	5,496	5,959	5,840	6,934	7,446	7,975	7,811	9,086	9,670	10,273	10,060	11,540	12,206	268,223
Total Return On Investment (IRR)	22.68%

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.