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	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764	11,764
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)	13,596	13,651	13,708	13,766	13,826	13,888	13,952	14,017	14,085	14,154	14,226	14,300	14,376	14,454	14,535
Annual Cash Flows	6,264	6,864	7,485	8,126	8,788	9,473	10,180	10,910	11,665	12,446	13,252	14,085	14,945	15,834	16,753

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	-51,700	0	0	0	0	0	0	0	0	0	0	0	0	0	51,700
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	6,105	4,305	4,848	4,696	5,988	6,586	7,205	7,005	8,504	9,187	9,892	9,638	11,373	12,151	12,955
Tax Savings	2,369	2,369	2,369	2,369	2,369	2,369	2,369	2,369	2,369	2,369	2,369	2,369	2,369	2,369	-22,109
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	42,561
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	271,561
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-47,836
Total Capital In/Out	-49,726	6,674	7,216	7,065	8,356	8,955	9,573	9,374	10,873	11,555	12,261	12,007	13,742	14,520	308,832
Total Return On Investment (IRR)	23.55%

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.