Property Analysis | 5475-5477 Apple Blossom Dr

Property Analysis For: 5475-5477 Apple Blossom Dr

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

Revenue
Rental Income	24,360	25,164	25,994	26,852	27,738	28,654	29,599	30,576	31,585	32,627	33,704	34,816	35,965	37,152	38,378

Expenses (Recurring)
Mortgage Payment	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728	13,728
Estimated Annual Property Taxes	1,817	1,872	1,928	1,985	2,045	2,106	2,170	2,235	2,302	2,371	2,442	2,515	2,591	2,668	2,748
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)	16,217	16,292	16,369	16,448	16,530	16,614	16,700	16,789	16,881	16,976	17,073	17,174	17,277	17,383	17,493
Annual Cash Flows	8,143	8,872	9,625	10,404	11,209	12,040	12,899	13,787	14,704	15,651	16,631	17,643	18,688	19,768	20,885

Expenses (Periodic)
Vacancy Costs	195	1,007	1,040	1,074	1,110	1,146	1,184	1,223	1,263	1,305	1,348	1,393	1,439	1,486	1,535
Maintenance & Repairs	0	1,887	1,950	2,014	2,080	2,149	2,220	2,293	2,369	2,447	2,528	2,611	2,697	2,786	2,878
Tenant Placement Credit	-1,015	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	1,015	200	200	1,119	200	200	200	1,274	200	200	200	1,451	200	200	200
Total Expenses (Periodic)	195	3,094	3,189	4,207	3,390	3,495	3,604	4,790	3,832	3,952	4,076	5,455	4,336	4,472	4,613

Total Return On Investment
Acquisition Down Payment	-61,125	0	0	0	0	0	0	0	0	0	0	0	0	0	61,125
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	7,948	5,778	6,436	6,197	7,819	8,545	9,295	8,996	10,871	11,699	12,555	12,188	14,352	15,296	16,271
Tax Savings	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	2,801	-26,139
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	51,003
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	321,068
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-56,557
Total Capital In/Out	-56,877	8,579	9,237	8,998	10,619	11,345	12,096	11,797	13,672	14,500	15,355	14,989	17,153	18,097	366,771
Total Return On Investment (IRR)	24.89%

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.