Property Analysis | 4061 Lehi Dr

Property Analysis For: 4061 Lehi 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	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254	8,254
Estimated Annual Property Taxes	1,003	1,033	1,064	1,096	1,129	1,163	1,198	1,234	1,271	1,309	1,348	1,388	1,430	1,473	1,517
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)	9,929	9,979	10,031	10,084	10,139	10,196	10,254	10,314	10,376	10,439	10,505	10,572	10,642	10,714	10,787
Annual Cash Flows	5,071	5,516	5,976	6,450	6,941	7,448	7,972	8,514	9,073	9,651	10,249	10,866	11,504	12,163	12,844

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	-36,750	0	0	0	0	0	0	0	0	0	0	0	0	0	36,750
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,951	3,534	3,935	3,860	4,777	5,219	5,676	5,564	6,637	7,141	7,662	7,507	8,757	9,332	9,927
Tax Savings	1,684	1,684	1,684	1,684	1,684	1,684	1,684	1,684	1,684	1,684	1,684	1,684	1,684	1,684	-15,716
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,665
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	193,034
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,003
Total Capital In/Out	-36,615	5,218	5,619	5,544	6,461	6,903	7,360	7,248	8,320	8,825	9,346	9,191	10,441	11,016	220,657
Total Return On Investment (IRR)	23.94%

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.