Property Analysis | 3791 Cazassa Rd

Property Analysis For: 3791 Cazassa Rd

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

Revenue
Rental Income	15,540	16,053	16,583	17,130	17,695	18,279	18,882	19,505	20,149	20,814	21,501	22,210	22,943	23,700	24,482

Expenses (Recurring)
Mortgage Payment	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096	9,096
Estimated Annual Property Taxes	1,166	1,201	1,237	1,274	1,312	1,352	1,392	1,434	1,477	1,521	1,567	1,614	1,662	1,712	1,764
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)	10,934	10,989	11,046	11,105	11,165	11,227	11,291	11,357	11,424	11,494	11,566	11,640	11,717	11,795	11,876
Annual Cash Flows	4,606	5,064	5,537	6,025	6,530	7,052	7,591	8,149	8,725	9,320	9,935	10,570	11,227	11,905	12,606

Expenses (Periodic)
Vacancy Costs	124	642	663	685	708	731	755	780	806	833	860	888	918	948	979
Maintenance & Repairs	0	1,204	1,244	1,285	1,327	1,371	1,416	1,463	1,511	1,561	1,613	1,666	1,721	1,778	1,836
Tenant Placement Credit	-648	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	648	200	200	714	200	200	200	813	200	200	200	925	200	200	200
Total Expenses (Periodic)	124	2,046	2,107	2,684	2,235	2,302	2,371	3,056	2,517	2,594	2,673	3,480	2,838	2,926	3,015

Total Return On Investment
Acquisition Down Payment	-39,975	0	0	0	0	0	0	0	0	0	0	0	0	0	39,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,482	3,018	3,430	3,342	4,295	4,750	5,220	5,093	6,207	6,726	7,262	7,090	8,388	8,980	9,591
Tax Savings	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	-17,095
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,908
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	209,974
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,987
Total Capital In/Out	-40,162	4,849	5,261	5,173	6,127	6,582	7,052	6,924	8,039	8,558	9,094	8,922	10,220	10,811	238,366
Total Return On Investment (IRR)	22.36%

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.