Property Analysis | 3986 Cochese Ave

Property Analysis For: 3986 Cochese Ave

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

Revenue
Rental Income	16,740	17,292	17,863	18,453	19,061	19,691	20,340	21,012	21,705	22,421	23,161	23,925	24,715	25,531	26,373

Expenses (Recurring)
Mortgage Payment	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214
Estimated Annual Property Taxes	1,313	1,352	1,393	1,435	1,478	1,522	1,568	1,615	1,663	1,713	1,765	1,817	1,872	1,928	1,986
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)	11,199	11,258	11,320	11,383	11,448	11,515	11,584	11,655	11,728	11,804	11,882	11,962	12,044	12,129	12,216
Annual Cash Flows	5,541	6,034	6,543	7,070	7,613	8,175	8,756	9,356	9,976	10,617	11,279	11,964	12,671	13,402	14,157

Expenses (Periodic)
Vacancy Costs	134	692	715	738	762	788	814	840	868	897	926	957	989	1,021	1,055
Maintenance & Repairs	0	1,297	1,340	1,384	1,430	1,477	1,526	1,576	1,628	1,682	1,737	1,794	1,854	1,915	1,978
Tenant Placement Credit	-698	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	698	200	200	769	200	200	200	875	200	200	200	997	200	200	200
Total Expenses (Periodic)	134	2,189	2,254	2,891	2,392	2,464	2,539	3,292	2,696	2,778	2,864	3,748	3,042	3,136	3,233

Total Return On Investment
Acquisition Down Payment	-41,025	0	0	0	0	0	0	0	0	0	0	0	0	0	41,025
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,407	3,845	4,289	4,179	5,221	5,711	6,217	6,064	7,280	7,839	8,416	8,215	9,629	10,266	10,924
Tax Savings	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	-17,544
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34,232
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	215,490
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-37,959
Total Capital In/Out	-40,238	5,725	6,169	6,058	7,101	7,591	8,097	7,944	9,160	9,719	10,296	10,095	11,508	12,145	246,167
Total Return On Investment (IRR)	24.00%

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.