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	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917	11,917
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)	13,749	13,804	13,861	13,919	13,979	14,041	14,105	14,171	14,238	14,308	14,380	14,453	14,529	14,608	14,689
Annual Cash Flows	6,111	6,711	7,331	7,972	8,635	9,319	10,026	10,757	11,512	12,292	13,098	13,931	14,792	15,681	16,600

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	5,952	4,152	4,694	4,543	5,834	6,433	7,051	6,852	8,351	9,033	9,738	9,484	11,220	11,998	12,802
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	41,987
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	-49,880	6,520	7,063	6,911	8,203	8,802	9,420	9,221	10,720	11,402	12,107	11,853	13,589	14,367	308,106
Total Return On Investment (IRR)	23.30%

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.