Property Analysis | 407 Healy St

Property Analysis For: 407 Healy St

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

Revenue
Rental Income	11,940	12,334	12,741	13,161	13,596	14,044	14,508	14,987	15,481	15,992	16,520	17,065	17,628	18,210	18,811

Expenses (Recurring)
Mortgage Payment	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569	6,569
Estimated Annual Property Taxes	412	424	437	450	464	478	492	507	522	538	554	570	587	605	623
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)	7,653	7,686	7,719	7,754	7,789	7,826	7,864	7,903	7,943	7,984	8,026	8,070	8,115	8,161	8,209
Annual Cash Flows	4,287	4,648	5,022	5,408	5,806	6,218	6,644	7,084	7,539	8,008	8,494	8,995	9,513	10,049	10,602

Expenses (Periodic)
Vacancy Costs	96	493	510	526	544	562	580	599	619	640	661	683	705	728	752
Maintenance & Repairs	0	925	956	987	1,020	1,053	1,088	1,124	1,161	1,199	1,239	1,280	1,322	1,366	1,411
Tenant Placement Credit	-498	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	498	200	200	548	200	200	200	624	200	200	200	711	200	200	200
Total Expenses (Periodic)	96	1,618	1,665	2,062	1,764	1,815	1,868	2,348	1,980	2,039	2,100	2,674	2,227	2,294	2,363

Total Return On Investment
Acquisition Down Payment	-29,250	0	0	0	0	0	0	0	0	0	0	0	0	0	29,250
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,191	3,030	3,356	3,346	4,043	4,403	4,776	4,736	5,558	5,969	6,394	6,322	7,286	7,755	8,239
Tax Savings	1,340	1,340	1,340	1,340	1,340	1,340	1,340	1,340	1,340	1,340	1,340	1,340	1,340	1,340	-12,508
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	24,407
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	153,640
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-27,064
Total Capital In/Out	-30,219	4,370	4,697	4,686	5,383	5,744	6,116	6,076	6,899	7,310	7,734	7,662	8,626	9,095	175,963
Total Return On Investment (IRR)	23.90%

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.