Property Analysis | 4545 Aldridge Dr

Property Analysis For: 4545 Aldridge Dr

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

Revenue
Rental Income	15,300	15,805	16,326	16,865	17,422	17,997	18,591	19,204	19,838	20,492	21,169	21,867	22,589	23,334	24,104

Expenses (Recurring)
Mortgage Payment	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062	9,062
Estimated Annual Property Taxes	1,240	1,277	1,316	1,355	1,396	1,437	1,481	1,525	1,571	1,618	1,666	1,716	1,768	1,821	1,876
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)	10,974	11,031	11,090	11,151	11,214	11,278	11,345	11,413	11,484	11,557	11,632	11,709	11,788	11,870	11,954
Annual Cash Flows	4,326	4,774	5,236	5,714	6,208	6,718	7,246	7,791	8,354	8,936	9,537	10,159	10,801	11,465	12,150

Expenses (Periodic)
Vacancy Costs	122	632	653	675	697	720	744	768	794	820	847	875	904	933	964
Maintenance & Repairs	0	1,185	1,224	1,265	1,307	1,350	1,394	1,440	1,488	1,537	1,588	1,640	1,694	1,750	1,808
Tenant Placement Credit	-638	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	638	200	200	703	200	200	200	800	200	200	200	911	200	200	200
Total Expenses (Periodic)	122	2,018	2,078	2,642	2,204	2,270	2,338	3,009	2,481	2,557	2,634	3,426	2,798	2,883	2,972

Total Return On Investment
Acquisition Down Payment	-39,825	0	0	0	0	0	0	0	0	0	0	0	0	0	39,825
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,204	2,756	3,159	3,072	4,004	4,449	4,908	4,782	5,872	6,379	6,903	6,733	8,003	8,581	9,178
Tax Savings	1,825	1,825	1,825	1,825	1,825	1,825	1,825	1,825	1,825	1,825	1,825	1,825	1,825	1,825	-17,031
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,785
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	209,186
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,849
Total Capital In/Out	-40,297	4,581	4,983	4,896	5,829	6,273	6,732	6,607	7,697	8,204	8,728	8,558	9,828	10,406	237,095
Total Return On Investment (IRR)	21.83%

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.