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	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175	10,175
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)	12,055	12,111	12,169	12,229	12,291	12,354	12,419	12,487	12,556	12,628	12,701	12,777	12,855	12,935	13,018
Annual Cash Flows	4,685	5,181	5,694	6,224	6,771	7,337	7,921	8,525	9,149	9,794	10,460	11,148	11,860	12,595	13,355

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	4,552	2,993	3,440	3,333	4,379	4,872	5,382	5,233	6,453	7,015	7,596	7,400	8,818	9,459	10,122
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	34,910
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	-43,527	4,989	5,436	5,329	6,375	6,869	7,378	7,230	8,449	9,012	9,593	9,397	10,814	11,456	258,538
Total Return On Investment (IRR)	21.99%

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.