Property Analysis | 3837 Black Forest Dr

Property Analysis For: 3837 Black Forest Dr

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

Revenue
Rental Income	14,340	14,813	15,302	15,807	16,329	16,868	17,424	17,999	18,593	19,207	19,840	20,495	21,172	21,870	22,592

Expenses (Recurring)
Mortgage Payment	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604	8,604
Estimated Annual Property Taxes	410	422	435	448	461	475	490	504	519	535	551	568	585	602	620
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)	9,686	9,718	9,752	9,786	9,822	9,858	9,896	9,935	9,975	10,016	10,058	10,102	10,147	10,193	10,240
Annual Cash Flows	4,654	5,095	5,550	6,021	6,507	7,009	7,528	8,065	8,619	9,191	9,783	10,394	11,025	11,677	12,351

Expenses (Periodic)
Vacancy Costs	115	593	612	632	653	675	697	720	744	768	794	820	847	875	904
Maintenance & Repairs	0	1,111	1,148	1,186	1,225	1,265	1,307	1,350	1,394	1,441	1,488	1,537	1,588	1,640	1,694
Tenant Placement Credit	-598	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	598	200	200	659	200	200	200	750	200	200	200	854	200	200	200
Total Expenses (Periodic)	115	1,904	1,960	2,476	2,078	2,140	2,204	2,820	2,338	2,409	2,482	3,211	2,635	2,715	2,798

Total Return On Investment
Acquisition Down Payment	-37,325	0	0	0	0	0	0	0	0	0	0	0	0	0	37,325
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,539	3,191	3,591	3,544	4,429	4,870	5,325	5,245	6,280	6,782	7,301	7,183	8,390	8,962	9,553
Tax Savings	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	1,710	-15,962
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,313
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	196,055
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,535
Total Capital In/Out	-37,575	4,902	5,301	5,255	6,139	6,580	7,035	6,955	7,991	8,492	9,011	8,893	10,100	10,673	222,749
Total Return On Investment (IRR)	23.04%

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.