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	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634	11,634
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)	14,033	14,105	14,179	14,255	14,334	14,415	14,498	14,584	14,673	14,764	14,858	14,955	15,054	15,157	15,263
Annual Cash Flows	5,107	5,667	6,245	6,843	7,460	8,099	8,758	9,440	10,144	10,872	11,624	12,401	13,204	14,034	14,891

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	-49,825	0	0	0	0	0	0	0	0	0	0	0	0	0	49,825
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,954	3,193	3,696	3,537	4,754	5,309	5,884	5,676	7,090	7,724	8,378	8,115	9,754	10,477	11,224
Tax Savings	2,283	2,283	2,283	2,283	2,283	2,283	2,283	2,283	2,283	2,283	2,283	2,283	2,283	2,283	-21,307
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	39,917
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	261,713
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-46,101
Total Capital In/Out	-49,088	5,476	5,979	5,820	7,037	7,592	8,166	7,959	9,373	10,006	10,661	10,398	12,037	12,760	295,270
Total Return On Investment (IRR)	21.86%

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.