Property Analysis | 4414 W 10th

Property Analysis For: 4414 W 10th

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

Revenue
Rental Income	13,500	13,946	14,406	14,881	15,372	15,879	16,403	16,945	17,504	18,082	18,678	19,295	19,931	20,589	21,269

Expenses (Recurring)
Mortgage Payment	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499	8,499
Estimated Annual Property Taxes	368	379	390	402	414	427	439	453	466	480	495	509	525	540	557
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)	9,539	9,570	9,603	9,636	9,670	9,705	9,741	9,778	9,817	9,856	9,897	9,939	9,982	10,027	10,072
Annual Cash Flows	3,961	4,375	4,803	5,245	5,702	6,175	6,662	7,166	7,687	8,225	8,781	9,356	9,949	10,563	11,196

Expenses (Periodic)
Vacancy Costs	108	558	576	595	615	635	656	678	700	723	747	772	797	824	851
Maintenance & Repairs	0	1,046	1,080	1,116	1,153	1,191	1,230	1,271	1,313	1,356	1,401	1,447	1,495	1,544	1,595
Tenant Placement Credit	-563	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	563	200	200	620	200	200	200	706	200	200	200	804	200	200	200
Total Expenses (Periodic)	108	1,804	1,857	2,331	1,968	2,026	2,086	2,655	2,213	2,279	2,348	3,023	2,492	2,568	2,646

Total Return On Investment
Acquisition Down Payment	-36,400	0	0	0	0	0	0	0	0	0	0	0	0	0	36,400
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,853	2,571	2,946	2,914	3,735	4,148	4,576	4,512	5,474	5,946	6,433	6,333	7,457	7,995	8,550
Tax Savings	1,668	1,668	1,668	1,668	1,668	1,668	1,668	1,668	1,668	1,668	1,668	1,668	1,668	1,668	-15,566
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,161
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	191,196
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-33,680
Total Capital In/Out	-37,379	4,239	4,614	4,582	5,402	5,816	6,244	6,180	7,142	7,614	8,101	8,001	9,125	9,663	216,062
Total Return On Investment (IRR)	21.74%

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.