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	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334	9,334
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)	10,862	10,908	10,955	11,004	11,054	11,105	11,158	11,213	11,270	11,328	11,387	11,449	11,513	11,578	11,645
Annual Cash Flows	4,138	4,587	5,051	5,531	6,026	6,538	7,068	7,614	8,179	8,763	9,366	9,989	10,633	11,299	11,987

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	-39,975	0	0	0	0	0	0	0	0	0	0	0	0	0	39,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,018	2,605	3,011	2,940	3,862	4,309	4,772	4,665	5,743	6,253	6,780	6,631	7,887	8,468	9,069
Tax Savings	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	1,832	-17,095
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,025
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	209,974
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,987
Total Capital In/Out	-40,625	4,437	4,842	4,772	5,694	6,141	6,603	6,496	7,574	8,084	8,611	8,462	9,718	10,300	236,961
Total Return On Investment (IRR)	21.51%

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.