Property Analysis | 4392 Almo Ave

Property Analysis For: 4392 Almo Ave

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

Revenue
Rental Income	15,120	15,619	16,134	16,667	17,217	17,785	18,372	18,978	19,604	20,251	20,920	21,610	22,323	23,060	23,821

Expenses (Recurring)
Mortgage Payment	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321	8,321
Estimated Annual Property Taxes	1,105	1,138	1,172	1,207	1,244	1,281	1,319	1,359	1,400	1,442	1,485	1,530	1,575	1,623	1,671
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)	10,098	10,151	10,206	10,263	10,321	10,381	10,443	10,507	10,572	10,640	10,709	10,781	10,855	10,931	11,009
Annual Cash Flows	5,022	5,467	5,928	6,404	6,896	7,404	7,929	8,471	9,032	9,612	10,210	10,829	11,468	12,129	12,812

Expenses (Periodic)
Vacancy Costs	121	625	645	667	689	711	735	759	784	810	837	864	893	922	953
Maintenance & Repairs	0	1,171	1,210	1,250	1,291	1,334	1,378	1,423	1,470	1,519	1,569	1,621	1,674	1,729	1,787
Tenant Placement Credit	-630	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	630	200	200	694	200	200	200	791	200	200	200	900	200	200	200
Total Expenses (Periodic)	121	1,996	2,055	2,611	2,180	2,245	2,313	2,973	2,455	2,529	2,606	3,386	2,767	2,852	2,939

Total Return On Investment
Acquisition Down Payment	-37,050	0	0	0	0	0	0	0	0	0	0	0	0	0	37,050
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,901	3,471	3,873	3,793	4,716	5,159	5,616	5,498	6,578	7,083	7,605	7,443	8,701	9,277	9,872
Tax Savings	1,698	1,698	1,698	1,698	1,698	1,698	1,698	1,698	1,698	1,698	1,698	1,698	1,698	1,698	-15,844
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,915
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	194,610
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,281
Total Capital In/Out	-36,952	5,169	5,570	5,490	6,413	6,856	7,314	7,196	8,275	8,780	9,302	9,141	10,399	10,975	222,323
Total Return On Investment (IRR)	23.74%

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.