Property Analysis | 5132 Gill Rd

Property Analysis For: 5132 Gill Rd

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

Revenue
Rental Income	16,740	17,292	17,863	18,453	19,061	19,691	20,340	21,012	21,705	22,421	23,161	23,925	24,715	25,531	26,373

Expenses (Recurring)
Mortgage Payment	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915	9,915
Estimated Annual Property Taxes	1,208	1,244	1,282	1,320	1,360	1,400	1,442	1,486	1,530	1,576	1,623	1,672	1,722	1,774	1,827
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)	11,795	11,852	11,910	11,970	12,031	12,095	12,160	12,227	12,297	12,368	12,442	12,518	12,596	12,676	12,759
Annual Cash Flows	4,945	5,441	5,953	6,483	7,030	7,596	8,180	8,784	9,408	10,053	10,719	11,408	12,119	12,854	13,614

Expenses (Periodic)
Vacancy Costs	134	692	715	738	762	788	814	840	868	897	926	957	989	1,021	1,055
Maintenance & Repairs	0	1,297	1,340	1,384	1,430	1,477	1,526	1,576	1,628	1,682	1,737	1,794	1,854	1,915	1,978
Tenant Placement Credit	-698	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	698	200	200	769	200	200	200	875	200	200	200	997	200	200	200
Total Expenses (Periodic)	134	2,189	2,254	2,891	2,392	2,464	2,539	3,292	2,696	2,778	2,864	3,748	3,042	3,136	3,233

Total Return On Investment
Acquisition Down Payment	-43,575	0	0	0	0	0	0	0	0	0	0	0	0	0	43,575
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,811	3,252	3,699	3,592	4,638	5,131	5,641	5,492	6,712	7,275	7,856	7,659	9,077	9,718	10,381
Tax Savings	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	1,997	-18,634
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	35,872
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	228,884
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-40,318
Total Capital In/Out	-43,268	5,249	5,696	5,589	6,635	7,128	7,638	7,489	8,709	9,271	9,852	9,656	11,074	11,715	259,759
Total Return On Investment (IRR)	22.47%

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.