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	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180	9,180
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)	11,092	11,149	11,209	11,269	11,332	11,397	11,463	11,532	11,602	11,675	11,750	11,827	11,906	11,988	12,072
Annual Cash Flows	4,208	4,655	5,118	5,596	6,090	6,600	7,127	7,672	8,236	8,818	9,419	10,040	10,683	11,346	12,032

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	4,085	2,638	3,040	2,954	3,886	4,330	4,790	4,664	5,754	6,261	6,785	6,615	7,885	8,463	9,060
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	32,343
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	-40,415	4,463	4,865	4,778	5,711	6,155	6,614	6,488	7,579	8,086	8,609	8,439	9,710	10,288	236,535
Total Return On Investment (IRR)	21.60%

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.