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	16,740	17,292	17,863	18,453	19,061	19,691	20,340	21,012	21,705	22,421	23,161	23,925	24,715	25,531	26,373

Expenses (Recurring)
Mortgage Payment	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915
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)	12,184	12,252	12,322	12,395	12,469	12,546	12,625	12,706	12,790	12,876	12,965	13,056	13,150	13,247	13,347
Annual Cash Flows	4,556	5,040	5,541	6,058	6,592	7,145	7,716	8,306	8,915	9,545	10,196	10,869	11,565	12,283	13,026

Expenses (Periodic)
Vacancy Costs	134	692	715	738	762	788	814	840	868	897	926	957	989	1,021	1,055
Maintenance & Repairs	0	1,297	1,340	1,384	1,430	1,477	1,526	1,576	1,628	1,682	1,737	1,794	1,854	1,915	1,978
Tenant Placement Credit	-698	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	698	200	200	769	200	200	200	875	200	200	200	997	200	200	200
Total Expenses (Periodic)	134	2,189	2,254	2,891	2,392	2,464	2,539	3,292	2,696	2,778	2,864	3,748	3,042	3,136	3,233

Total Return On Investment
Acquisition Down Payment	-43,575	0	0	0	0	0	0	0	0	0	0	0	0	0	43,575
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,422	2,851	3,286	3,167	4,200	4,680	5,177	5,014	6,219	6,767	7,333	7,121	8,522	9,147	9,793
Tax Savings	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	-18,634
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35,872
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	228,884
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-40,318
Total Capital In/Out	-43,657	4,848	5,283	5,164	6,197	6,677	7,173	7,010	8,216	8,763	9,329	9,118	10,519	11,144	259,171
Total Return On Investment (IRR)	21.70%

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.