Property Analysis | 4547 Red Rock Cv

Property Analysis For: 4547 Red Rock Cv

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

Revenue
Rental Income	16,740	17,292	17,863	18,453	19,061	19,691	20,340	21,012	21,705	22,421	23,161	23,925	24,715	25,531	26,373

Expenses (Recurring)
Mortgage Payment	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214	9,214
Estimated Annual Property Taxes	1,289	1,328	1,368	1,409	1,451	1,494	1,539	1,585	1,633	1,682	1,732	1,784	1,838	1,893	1,950
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)	11,175	11,234	11,294	11,357	11,421	11,487	11,555	11,626	11,698	11,773	11,849	11,928	12,010	12,094	12,180
Annual Cash Flows	5,565	6,059	6,569	7,096	7,640	8,203	8,785	9,386	10,007	10,649	11,312	11,997	12,705	13,437	14,193

Expenses (Periodic)
Vacancy Costs	134	692	715	738	762	788	814	840	868	897	926	957	989	1,021	1,055
Maintenance & Repairs	0	1,297	1,340	1,384	1,430	1,477	1,526	1,576	1,628	1,682	1,737	1,794	1,854	1,915	1,978
Tenant Placement Credit	-698	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	698	200	200	769	200	200	200	875	200	200	200	997	200	200	200
Total Expenses (Periodic)	134	2,189	2,254	2,891	2,392	2,464	2,539	3,292	2,696	2,778	2,864	3,748	3,042	3,136	3,233

Total Return On Investment
Acquisition Down Payment	-41,025	0	0	0	0	0	0	0	0	0	0	0	0	0	41,025
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,431	3,870	4,314	4,205	5,248	5,739	6,246	6,094	7,311	7,870	8,448	8,249	9,663	10,301	10,960
Tax Savings	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	1,880	-17,544
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	34,232
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	215,490
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-37,959
Total Capital In/Out	-40,214	5,750	6,194	6,085	7,128	7,619	8,125	7,974	9,190	9,750	10,328	10,128	11,543	12,180	246,204
Total Return On Investment (IRR)	24.06%

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.