Property Analysis | 4985 Larkwood Dr

Property Analysis For: 4985 Larkwood Dr

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

Revenue
Rental Income	17,400	17,974	18,567	19,180	19,813	20,467	21,142	21,840	22,561	23,305	24,074	24,869	25,689	26,537	27,413

Expenses (Recurring)
Mortgage Payment	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095	10,095
Estimated Annual Property Taxes	1,181	1,216	1,253	1,291	1,329	1,369	1,410	1,452	1,496	1,541	1,587	1,635	1,684	1,734	1,786
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)	11,948	12,004	12,061	12,120	12,181	12,244	12,308	12,374	12,443	12,513	12,586	12,660	12,737	12,817	12,898
Annual Cash Flows	5,452	5,970	6,506	7,060	7,632	8,223	8,834	9,466	10,118	10,792	11,488	12,208	12,952	13,720	14,515

Expenses (Periodic)
Vacancy Costs	139	719	743	767	793	819	846	874	902	932	963	995	1,028	1,061	1,097
Maintenance & Repairs	0	1,348	1,393	1,439	1,486	1,535	1,586	1,638	1,692	1,748	1,806	1,865	1,927	1,990	2,056
Tenant Placement Credit	-725	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	725	200	200	799	200	200	200	910	200	200	200	1,036	200	200	200
Total Expenses (Periodic)	139	2,267	2,335	3,005	2,478	2,554	2,631	3,422	2,794	2,880	2,969	3,896	3,154	3,252	3,352

Total Return On Investment
Acquisition Down Payment	-44,950	0	0	0	0	0	0	0	0	0	0	0	0	0	44,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,312	3,703	4,171	4,055	5,153	5,670	6,203	6,044	7,323	7,912	8,520	8,312	9,798	10,469	11,162
Tax Savings	2,060	2,060	2,060	2,060	2,060	2,060	2,060	2,060	2,060	2,060	2,060	2,060	2,060	2,060	-19,222
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	37,507
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	236,106
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-41,591
Total Capital In/Out	-44,078	5,763	6,230	6,114	7,213	7,729	8,262	8,103	9,383	9,971	10,579	10,372	11,857	12,528	268,912
Total Return On Investment (IRR)	23.18%

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.