Property Analysis | 3924 Winwood Dr

Property Analysis For: 3924 Winwood Dr

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	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334
Estimated Annual Property Taxes	1,010	1,040	1,072	1,104	1,137	1,171	1,206	1,242	1,279	1,318	1,357	1,398	1,440	1,483	1,528
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)	11,016	11,066	11,118	11,172	11,227	11,284	11,342	11,403	11,465	11,529	11,594	11,662	11,732	11,804	11,878
Annual Cash Flows	4,524	4,986	5,464	5,958	6,468	6,995	7,540	8,103	8,684	9,285	9,906	10,548	11,211	11,896	12,604

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	4,400	2,940	3,357	3,274	4,233	4,693	5,168	5,047	6,167	6,692	7,234	7,068	8,373	8,971	9,589
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	32,025
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	-40,244	4,772	5,189	5,106	6,065	6,525	7,000	6,878	7,999	8,523	9,065	8,900	10,204	10,802	237,481
Total Return On Investment (IRR)	22.22%

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.