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	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722	9,722
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)	11,185	11,229	11,274	11,321	11,368	11,418	11,469	11,521	11,575	11,631	11,688	11,747	11,808	11,870	11,935
Annual Cash Flows	5,015	5,506	6,013	6,537	7,078	7,637	8,215	8,813	9,430	10,067	10,726	11,407	12,110	12,837	13,588

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	-42,175	0	0	0	0	0	0	0	0	0	0	0	0	0	42,175
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,886	3,381	3,825	3,739	4,757	5,246	5,752	5,627	6,814	7,372	7,948	7,779	9,159	9,795	10,452
Tax Savings	1,932	1,932	1,932	1,932	1,932	1,932	1,932	1,932	1,932	1,932	1,932	1,932	1,932	1,932	-18,036
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34,252
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	221,530
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-39,023
Total Capital In/Out	-41,857	5,314	5,757	5,672	6,689	7,178	7,684	7,559	8,746	9,304	9,881	9,712	11,092	11,728	251,351
Total Return On Investment (IRR)	22.87%

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.