Property Analysis | 4967 Lazybrook Cv

Property Analysis For: 4967 Lazybrook Cv

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

Revenue
Rental Income	14,700	15,185	15,686	16,204	16,739	17,291	17,862	18,451	19,060	19,689	20,339	21,010	21,703	22,419	23,159

Expenses (Recurring)
Mortgage Payment	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527	8,527
Estimated Annual Property Taxes	943	971	1,000	1,030	1,061	1,093	1,126	1,160	1,195	1,230	1,267	1,305	1,344	1,385	1,426
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)	10,142	10,191	10,241	10,292	10,345	10,399	10,456	10,513	10,573	10,634	10,698	10,763	10,830	10,899	10,970
Annual Cash Flows	4,558	4,994	5,446	5,912	6,394	6,891	7,406	7,938	8,487	9,054	9,641	10,247	10,873	11,520	12,189

Expenses (Periodic)
Vacancy Costs	118	607	627	648	670	692	714	738	762	788	814	840	868	897	926
Maintenance & Repairs	0	1,139	1,176	1,215	1,255	1,297	1,340	1,384	1,429	1,477	1,525	1,576	1,628	1,681	1,737
Tenant Placement Credit	-613	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	613	200	200	675	200	200	200	769	200	200	200	875	200	200	200
Total Expenses (Periodic)	118	1,946	2,004	2,539	2,125	2,188	2,254	2,891	2,392	2,464	2,539	3,292	2,696	2,778	2,863

Total Return On Investment
Acquisition Down Payment	-37,475	0	0	0	0	0	0	0	0	0	0	0	0	0	37,475
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,440	3,048	3,442	3,373	4,269	4,703	5,152	5,047	6,095	6,590	7,102	6,955	8,177	8,742	9,326
Tax Savings	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	-16,026
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,850
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	196,843
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,674
Total Capital In/Out	-37,818	4,765	5,159	5,090	5,986	6,420	6,869	6,764	7,812	8,307	8,819	8,672	9,894	10,459	223,794
Total Return On Investment (IRR)	22.70%

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.