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	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496	10,496
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)	12,349	12,404	12,461	12,520	12,581	12,644	12,708	12,775	12,843	12,913	12,986	13,061	13,138	13,217	13,298
Annual Cash Flows	5,051	5,570	6,106	6,660	7,232	7,823	8,434	9,065	9,718	10,392	11,088	11,808	12,552	13,320	14,114

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	4,912	3,303	3,771	3,655	4,753	5,269	5,803	5,644	6,923	7,512	8,120	7,912	9,398	10,069	10,762
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	36,011
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	-44,478	5,362	5,830	5,714	6,813	7,329	7,862	7,703	8,983	9,571	10,179	9,972	11,457	12,128	267,016
Total Return On Investment (IRR)	22.46%

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.