Property Analysis | 4025 Knob Dr

Property Analysis For: 4025 Knob Dr

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

Revenue
Rental Income	15,000	15,495	16,006	16,535	17,080	17,644	18,226	18,828	19,449	20,091	20,754	21,439	22,146	22,877	23,632

Expenses (Recurring)
Mortgage Payment	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770	8,770
Estimated Annual Property Taxes	1,169	1,204	1,240	1,277	1,316	1,355	1,396	1,438	1,481	1,525	1,571	1,618	1,667	1,717	1,768
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)	10,611	10,667	10,723	10,782	10,842	10,905	10,969	11,035	11,102	11,172	11,245	11,319	11,395	11,474	11,555
Annual Cash Flows	4,389	4,828	5,283	5,752	6,238	6,739	7,257	7,793	8,346	8,918	9,509	10,120	10,751	11,403	12,077

Expenses (Periodic)
Vacancy Costs	120	620	640	661	683	706	729	753	778	804	830	858	886	915	945
Maintenance & Repairs	0	1,162	1,200	1,240	1,281	1,323	1,367	1,412	1,459	1,507	1,557	1,608	1,661	1,716	1,772
Tenant Placement Credit	-625	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	625	200	200	689	200	200	200	784	200	200	200	893	200	200	200
Total Expenses (Periodic)	120	1,982	2,041	2,590	2,164	2,229	2,296	2,950	2,437	2,510	2,587	3,359	2,747	2,831	2,918

Total Return On Investment
Acquisition Down Payment	-39,050	0	0	0	0	0	0	0	0	0	0	0	0	0	39,050
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,269	2,846	3,242	3,162	4,074	4,510	4,961	4,843	5,910	6,408	6,922	6,761	8,004	8,572	9,159
Tax Savings	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	1,789	-16,699
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,584
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	205,116
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,132
Total Capital In/Out	-39,492	4,636	5,031	4,951	5,863	6,299	6,751	6,633	7,699	8,197	8,712	8,550	9,793	10,361	233,078
Total Return On Investment (IRR)	22.08%

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.