Property Analysis | 4193 Cedartree Dr

Property Analysis For: 4193 Cedartree Dr

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

Revenue
Rental Income	14,340	14,813	15,302	15,807	16,329	16,868	17,424	17,999	18,593	19,207	19,840	20,495	21,172	21,870	22,592

Expenses (Recurring)
Mortgage Payment	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889	7,889
Estimated Annual Property Taxes	888	915	942	970	999	1,029	1,060	1,092	1,125	1,159	1,193	1,229	1,266	1,304	1,343
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)	9,449	9,496	9,544	9,593	9,645	9,697	9,752	9,807	9,865	9,924	9,985	10,048	10,113	10,180	10,248
Annual Cash Flows	4,891	5,318	5,758	6,214	6,684	7,170	7,673	8,192	8,728	9,282	9,855	10,447	11,059	11,690	12,343

Expenses (Periodic)
Vacancy Costs	115	593	612	632	653	675	697	720	744	768	794	820	847	875	904
Maintenance & Repairs	0	1,111	1,148	1,186	1,225	1,265	1,307	1,350	1,394	1,441	1,488	1,537	1,588	1,640	1,694
Tenant Placement Credit	-598	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	598	200	200	659	200	200	200	750	200	200	200	854	200	200	200
Total Expenses (Periodic)	115	1,904	1,960	2,476	2,078	2,140	2,204	2,820	2,338	2,409	2,482	3,211	2,635	2,715	2,798

Total Return On Investment
Acquisition Down Payment	-35,125	0	0	0	0	0	0	0	0	0	0	0	0	0	35,125
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,776	3,414	3,798	3,737	4,606	5,030	5,469	5,372	6,390	6,874	7,373	7,236	8,424	8,975	9,545
Tax Savings	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	-15,021
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,309
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	184,499
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-32,500
Total Capital In/Out	-35,239	5,023	5,408	5,346	6,216	6,640	7,078	6,981	7,999	8,483	8,983	8,845	10,033	10,585	210,957
Total Return On Investment (IRR)	23.90%

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.