Property Analysis | 4449-4451 Arnold Cv

Property Analysis For: 4449-4451 Arnold Cv

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

Revenue
Rental Income	19,860	20,515	21,192	21,892	22,614	23,360	24,131	24,928	25,750	26,600	27,478	28,385	29,321	30,289	31,288

Expenses (Recurring)
Mortgage Payment	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932	10,932
Estimated Annual Property Taxes	1,160	1,195	1,231	1,268	1,306	1,345	1,385	1,427	1,469	1,514	1,559	1,606	1,654	1,703	1,755
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)	12,764	12,819	12,876	12,934	12,994	13,056	13,120	13,185	13,253	13,322	13,394	13,468	13,544	13,622	13,703
Annual Cash Flows	7,096	7,696	8,317	8,958	9,620	10,305	11,012	11,742	12,497	13,278	14,084	14,917	15,777	16,666	17,585

Expenses (Periodic)
Vacancy Costs	159	821	848	876	905	934	965	997	1,030	1,064	1,099	1,135	1,173	1,212	1,252
Maintenance & Repairs	0	1,539	1,589	1,642	1,696	1,752	1,810	1,870	1,931	1,995	2,061	2,129	2,199	2,272	2,347
Tenant Placement Credit	-828	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	828	200	200	912	200	200	200	1,039	200	200	200	1,183	200	200	200
Total Expenses (Periodic)	159	2,559	2,637	3,430	2,801	2,886	2,975	3,905	3,161	3,259	3,360	4,447	3,572	3,683	3,798

Total Return On Investment
Acquisition Down Payment	-48,675	0	0	0	0	0	0	0	0	0	0	0	0	0	48,675
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	6,937	5,137	5,680	5,528	6,820	7,418	8,037	7,837	9,336	10,019	10,724	10,470	12,205	12,983	13,787
Tax Savings	2,230	2,230	2,230	2,230	2,230	2,230	2,230	2,230	2,230	2,230	2,230	2,230	2,230	2,230	-20,815
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	40,615
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	255,672
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-45,037
Total Capital In/Out	-46,008	7,367	7,910	7,758	9,050	9,648	10,267	10,067	11,566	12,249	12,954	12,700	14,435	15,213	292,897
Total Return On Investment (IRR)	25.48%

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.