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	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118	9,118
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)	10,793	10,843	10,895	10,948	11,003	11,060	11,118	11,178	11,240	11,303	11,369	11,437	11,506	11,578	11,652
Annual Cash Flows	4,207	4,652	5,111	5,586	6,077	6,584	7,108	7,650	8,209	8,787	9,385	10,002	10,640	11,299	11,980

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	4,087	2,670	3,071	2,996	3,913	4,355	4,812	4,700	5,772	6,277	6,798	6,643	7,893	8,468	9,063
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	31,284
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	-39,674	4,459	4,860	4,785	5,702	6,144	6,601	6,489	7,562	8,066	8,587	8,432	9,682	10,257	231,682
Total Return On Investment (IRR)	21.74%

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.