Property Analysis | 4198 Lansford Dr

Property Analysis For: 4198 Lansford Dr

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

Revenue
Rental Income	19,140	19,772	20,424	21,098	21,794	22,514	23,256	24,024	24,817	25,636	26,482	27,356	28,258	29,191	30,154

Expenses (Recurring)
Mortgage Payment	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533	10,533
Estimated Annual Property Taxes	1,727	1,779	1,832	1,887	1,944	2,002	2,062	2,124	2,188	2,253	2,321	2,391	2,462	2,536	2,612
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)	12,932	13,004	13,079	13,155	13,234	13,315	13,398	13,484	13,572	13,664	13,757	13,854	13,954	14,056	14,162
Annual Cash Flows	6,208	6,767	7,346	7,943	8,561	9,199	9,859	10,540	11,244	11,972	12,724	13,501	14,304	15,134	15,992

Expenses (Periodic)
Vacancy Costs	153	791	817	844	872	901	930	961	993	1,025	1,059	1,094	1,130	1,168	1,206
Maintenance & Repairs	0	1,483	1,532	1,582	1,635	1,689	1,744	1,802	1,861	1,923	1,986	2,052	2,119	2,189	2,262
Tenant Placement Credit	-798	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	798	200	200	879	200	200	200	1,001	200	200	200	1,140	200	200	200
Total Expenses (Periodic)	153	2,474	2,549	3,305	2,706	2,789	2,874	3,764	3,054	3,148	3,245	4,286	3,450	3,557	3,668

Total Return On Investment
Acquisition Down Payment	-46,900	0	0	0	0	0	0	0	0	0	0	0	0	0	46,900
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	6,054	4,293	4,797	4,638	5,854	6,410	6,984	6,776	8,190	8,824	9,479	9,216	10,855	11,577	12,324
Tax Savings	2,149	2,149	2,149	2,149	2,149	2,149	2,149	2,149	2,149	2,149	2,149	2,149	2,149	2,149	-20,056
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	39,134
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	246,349
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-43,395
Total Capital In/Out	-45,197	6,442	6,946	6,787	8,003	8,559	9,133	8,925	10,339	10,973	11,628	11,365	13,004	13,726	281,256
Total Return On Investment (IRR)	24.11%

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.