Property Analysis | 4186 Lansdowne Dr

Property Analysis For: 4186 Lansdowne Dr

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

Revenue
Rental Income	16,800	17,354	17,927	18,519	19,130	19,761	20,413	21,087	21,783	22,502	23,244	24,011	24,804	25,622	26,468

Expenses (Recurring)
Mortgage Payment	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489	9,489
Estimated Annual Property Taxes	1,597	1,645	1,694	1,745	1,797	1,851	1,907	1,964	2,023	2,084	2,146	2,211	2,277	2,345	2,416
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)	11,758	11,826	11,896	11,968	12,043	12,119	12,198	12,280	12,363	12,450	12,538	12,630	12,724	12,821	12,921
Annual Cash Flows	5,042	5,528	6,031	6,550	7,087	7,642	8,215	8,807	9,419	10,052	10,706	11,381	12,079	12,801	13,546

Expenses (Periodic)
Vacancy Costs	134	694	717	741	765	790	817	843	871	900	930	960	992	1,025	1,059
Maintenance & Repairs	0	1,302	1,345	1,389	1,435	1,482	1,531	1,582	1,634	1,688	1,743	1,801	1,860	1,922	1,985
Tenant Placement Credit	-700	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	700	200	200	772	200	200	200	879	200	200	200	1,000	200	200	200
Total Expenses (Periodic)	134	2,196	2,262	2,901	2,400	2,473	2,548	3,304	2,705	2,788	2,873	3,762	3,052	3,147	3,244

Total Return On Investment
Acquisition Down Payment	-42,250	0	0	0	0	0	0	0	0	0	0	0	0	0	42,250
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,908	3,333	3,769	3,649	4,687	5,169	5,667	5,504	6,714	7,264	7,833	7,620	9,027	9,654	10,303
Tax Savings	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	1,936	-18,068
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35,254
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	221,924
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-39,092
Total Capital In/Out	-41,907	5,268	5,705	5,585	6,623	7,105	7,603	7,439	8,650	9,200	9,768	9,555	10,963	11,590	252,571
Total Return On Investment (IRR)	22.77%

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.