Property Analysis | 414 Prothro St

Property Analysis For: 414 Prothro St

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

Revenue
Rental Income	16,200	16,735	17,287	17,857	18,447	19,055	19,684	20,334	21,005	21,698	22,414	23,154	23,918	24,707	25,522

Expenses (Recurring)
Mortgage Payment	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877	8,877
Estimated Annual Property Taxes	791	815	839	864	890	917	944	973	1,002	1,032	1,063	1,095	1,128	1,162	1,196
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)	10,340	10,384	10,429	10,476	10,524	10,573	10,624	10,676	10,730	10,786	10,843	10,902	10,963	11,026	11,090
Annual Cash Flows	5,860	6,351	6,858	7,382	7,923	8,482	9,060	9,657	10,274	10,912	11,571	12,251	12,955	13,681	14,432

Expenses (Periodic)
Vacancy Costs	130	669	691	714	738	762	787	813	840	868	897	926	957	988	1,021
Maintenance & Repairs	0	1,255	1,297	1,339	1,383	1,429	1,476	1,525	1,575	1,627	1,681	1,737	1,794	1,853	1,914
Tenant Placement Credit	-675	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	675	200	200	744	200	200	200	847	200	200	200	965	200	200	200
Total Expenses (Periodic)	130	2,124	2,188	2,798	2,321	2,391	2,464	3,186	2,616	2,695	2,778	3,627	2,951	3,041	3,135

Total Return On Investment
Acquisition Down Payment	-39,525	0	0	0	0	0	0	0	0	0	0	0	0	0	39,525
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,730	4,226	4,670	4,584	5,602	6,091	6,597	6,472	7,659	8,217	8,793	8,624	10,004	10,640	11,297
Tax Savings	1,811	1,811	1,811	1,811	1,811	1,811	1,811	1,811	1,811	1,811	1,811	1,811	1,811	1,811	-16,902
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,980
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	207,611
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,571
Total Capital In/Out	-38,484	6,037	6,481	6,395	7,413	7,902	8,408	8,283	9,470	10,028	10,604	10,435	11,815	12,451	237,940
Total Return On Investment (IRR)	25.09%

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.