Property Analysis | 4116 W. 22nd St

Property Analysis For: 4116 W. 22nd St

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	856	882	908	935	963	992	1,022	1,053	1,084	1,117	1,150	1,185	1,220	1,257	1,295
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)	9,782	9,828	9,875	9,923	9,974	10,025	10,078	10,133	10,189	10,247	10,307	10,369	10,432	10,498	10,565
Annual Cash Flows	5,218	5,667	6,131	6,611	7,107	7,619	8,148	8,694	9,259	9,843	10,446	11,070	11,714	12,379	13,067

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	5,098	3,685	4,091	4,021	4,942	5,390	5,852	5,745	6,823	7,333	7,860	7,711	8,967	9,548	10,149
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	-36,468	5,369	5,775	5,704	6,626	7,073	7,536	7,429	8,507	9,017	9,543	9,395	10,651	11,232	220,879
Total Return On Investment (IRR)	24.30%

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.