Property Analysis | 4535 Longtree Ave

Property Analysis For: 4535 Longtree Ave

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

Revenue
Rental Income	16,500	17,045	17,607	18,188	18,788	19,408	20,049	20,710	21,394	22,100	22,829	23,582	24,361	25,164	25,995

Expenses (Recurring)
Mortgage Payment	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079	9,079
Estimated Annual Property Taxes	921	949	977	1,006	1,037	1,068	1,100	1,133	1,167	1,202	1,238	1,275	1,313	1,353	1,393
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)	10,672	10,720	10,769	10,820	10,872	10,926	10,981	11,038	11,097	11,158	11,220	11,284	11,350	11,419	11,489
Annual Cash Flows	5,828	6,325	6,838	7,368	7,916	8,482	9,067	9,672	10,297	10,942	11,609	12,298	13,010	13,746	14,506

Expenses (Periodic)
Vacancy Costs	132	682	704	728	752	776	802	828	856	884	913	943	974	1,007	1,040
Maintenance & Repairs	0	1,278	1,321	1,364	1,409	1,456	1,504	1,553	1,605	1,657	1,712	1,769	1,827	1,887	1,950
Tenant Placement Credit	-688	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	688	200	200	758	200	200	200	863	200	200	200	983	200	200	200
Total Expenses (Periodic)	132	2,160	2,225	2,849	2,361	2,432	2,506	3,245	2,660	2,741	2,825	3,695	3,001	3,094	3,189

Total Return On Investment
Acquisition Down Payment	-40,425	0	0	0	0	0	0	0	0	0	0	0	0	0	40,425
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,696	4,164	4,613	4,519	5,555	6,050	6,562	6,427	7,636	8,201	8,784	8,604	10,009	10,652	11,317
Tax Savings	1,852	1,852	1,852	1,852	1,852	1,852	1,852	1,852	1,852	1,852	1,852	1,852	1,852	1,852	-17,287
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	33,731
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	212,338
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-37,404
Total Capital In/Out	-39,377	6,017	6,465	6,371	7,408	7,903	8,414	8,280	9,489	10,053	10,636	10,456	11,861	12,504	243,120
Total Return On Investment (IRR)	24.79%

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.