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	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333	10,333
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)	12,270	12,328	12,388	12,449	12,513	12,578	12,646	12,715	12,786	12,860	12,936	13,014	13,094	13,177	13,263
Annual Cash Flows	4,950	5,460	5,988	6,532	7,095	7,677	8,278	8,899	9,541	10,204	10,889	11,597	12,329	13,085	13,867

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	-44,825	0	0	0	0	0	0	0	0	0	0	0	0	0	44,825
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,813	3,215	3,674	3,559	4,640	5,148	5,672	5,513	6,773	7,352	7,949	7,742	9,205	9,865	10,547
Tax Savings	2,054	2,054	2,054	2,054	2,054	2,054	2,054	2,054	2,054	2,054	2,054	2,054	2,054	2,054	-19,169
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	36,404
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	235,450
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-41,475
Total Capital In/Out	-44,459	5,269	5,728	5,612	6,694	7,201	7,726	7,567	8,827	9,405	10,003	9,795	11,259	11,919	266,581
Total Return On Investment (IRR)	22.29%

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.