Property Analysis | 4564 Almo Ave

Property Analysis For: 4564 Almo Ave

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

Revenue
Rental Income	15,900	16,425	16,967	17,527	18,105	18,702	19,320	19,957	20,616	21,296	21,999	22,725	23,475	24,249	25,050

Expenses (Recurring)
Mortgage Payment	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748	8,748
Estimated Annual Property Taxes	1,362	1,403	1,445	1,488	1,533	1,579	1,626	1,675	1,725	1,777	1,830	1,885	1,942	2,000	2,060
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)	10,782	10,843	10,906	10,971	11,037	11,106	11,177	11,249	11,325	11,402	11,481	11,563	11,648	11,735	11,825
Annual Cash Flows	5,118	5,582	6,061	6,556	7,068	7,597	8,143	8,708	9,291	9,894	10,517	11,161	11,827	12,515	13,225

Expenses (Periodic)
Vacancy Costs	127	657	679	701	724	748	773	798	825	852	880	909	939	970	1,002
Maintenance & Repairs	0	1,232	1,273	1,314	1,358	1,403	1,449	1,497	1,546	1,597	1,650	1,704	1,761	1,819	1,879
Tenant Placement Credit	-663	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	663	200	200	730	200	200	200	832	200	200	200	947	200	200	200
Total Expenses (Periodic)	127	2,089	2,151	2,746	2,282	2,351	2,422	3,127	2,571	2,649	2,730	3,560	2,900	2,989	3,081

Total Return On Investment
Acquisition Down Payment	-38,950	0	0	0	0	0	0	0	0	0	0	0	0	0	38,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,991	3,493	3,910	3,810	4,786	5,246	5,721	5,581	6,720	7,245	7,788	7,601	8,927	9,526	10,144
Tax Savings	1,785	1,785	1,785	1,785	1,785	1,785	1,785	1,785	1,785	1,785	1,785	1,785	1,785	1,785	-16,656
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32,500
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	204,590
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-36,039
Total Capital In/Out	-38,674	5,278	5,694	5,595	6,570	7,030	7,506	7,366	8,505	9,030	9,572	9,386	10,712	11,310	233,490
Total Return On Investment (IRR)	23.52%

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.