Property Analysis | 5050 Cheston Ave

Property Analysis For: 5050 Cheston Ave

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

Revenue
Rental Income	17,220	17,788	18,375	18,982	19,608	20,255	20,924	21,614	22,327	23,064	23,825	24,611	25,424	26,263	27,129

Expenses (Recurring)
Mortgage Payment	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478	9,478
Estimated Annual Property Taxes	1,265	1,303	1,342	1,382	1,424	1,466	1,510	1,556	1,602	1,651	1,700	1,751	1,804	1,858	1,913
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)	11,415	11,473	11,533	11,594	11,658	11,723	11,791	11,860	11,932	12,005	12,081	12,159	12,240	12,322	12,408
Annual Cash Flows	5,805	6,315	6,842	7,387	7,950	8,532	9,133	9,754	10,396	11,059	11,744	12,452	13,184	13,940	14,722

Expenses (Periodic)
Vacancy Costs	138	712	735	759	784	810	837	865	893	923	953	984	1,017	1,051	1,085
Maintenance & Repairs	0	1,334	1,378	1,424	1,471	1,519	1,569	1,621	1,675	1,730	1,787	1,846	1,907	1,970	2,035
Tenant Placement Credit	-718	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	718	200	200	791	200	200	200	901	200	200	200	1,025	200	200	200
Total Expenses (Periodic)	138	2,246	2,313	2,974	2,455	2,529	2,606	3,386	2,768	2,852	2,940	3,856	3,124	3,220	3,320

Total Return On Investment
Acquisition Down Payment	-42,200	0	0	0	0	0	0	0	0	0	0	0	0	0	42,200
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,667	4,070	4,529	4,413	5,495	6,002	6,527	6,368	7,628	8,207	8,804	8,597	10,060	10,720	11,402
Tax Savings	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	1,934	-18,046
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35,212
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	221,661
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-39,046
Total Capital In/Out	-41,099	6,003	6,463	6,347	7,429	7,936	8,460	8,301	9,562	10,140	10,738	10,530	11,994	12,654	253,383
Total Return On Investment (IRR)	24.31%

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.