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	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791	9,791
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)	11,384	11,432	11,481	11,532	11,584	11,638	11,693	11,750	11,809	11,869	11,932	11,996	12,062	12,130	12,201
Annual Cash Flows	5,116	5,613	6,126	6,656	7,204	7,770	8,356	8,960	9,585	10,230	10,897	11,586	12,298	13,034	13,794

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	-42,475	0	0	0	0	0	0	0	0	0	0	0	0	0	42,475
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,984	3,453	3,901	3,807	4,844	5,339	5,850	5,715	6,924	7,489	8,072	7,892	9,297	9,940	10,605
Tax Savings	1,946	1,946	1,946	1,946	1,946	1,946	1,946	1,946	1,946	1,946	1,946	1,946	1,946	1,946	-18,164
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34,495
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	223,106
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-39,301
Total Capital In/Out	-42,045	5,399	5,847	5,753	6,790	7,285	7,796	7,662	8,871	9,435	10,018	9,838	11,243	11,886	253,217
Total Return On Investment (IRR)	22.99%

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.