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	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194	9,194
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)	10,971	11,024	11,079	11,136	11,194	11,254	11,316	11,379	11,445	11,512	11,582	11,654	11,727	11,803	11,882
Annual Cash Flows	4,149	4,595	5,055	5,531	6,023	6,531	7,056	7,599	8,160	8,739	9,338	9,956	10,596	11,256	11,939

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	-39,375	0	0	0	0	0	0	0	0	0	0	0	0	0	39,375
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,028	2,599	3,000	2,920	3,843	4,286	4,743	4,626	5,705	6,210	6,732	6,571	7,829	8,404	9,000
Tax Savings	1,804	1,804	1,804	1,804	1,804	1,804	1,804	1,804	1,804	1,804	1,804	1,804	1,804	1,804	-16,838
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	31,545
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	206,823
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,432
Total Capital In/Out	-40,043	4,403	4,804	4,724	5,647	6,090	6,548	6,430	7,509	8,014	8,536	8,375	9,633	10,209	233,472
Total Return On Investment (IRR)	21.56%

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.