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	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909	13,909
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)	16,398	16,472	16,549	16,628	16,710	16,794	16,881	16,970	17,062	17,156	17,254	17,354	17,457	17,564	17,673
Annual Cash Flows	7,962	8,692	9,445	10,224	11,028	11,859	12,718	13,606	14,523	15,471	16,450	17,462	18,508	19,588	20,704

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	7,767	5,598	6,256	6,017	7,638	8,364	9,115	8,816	10,691	11,519	12,374	12,008	14,172	15,116	16,091
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	50,320
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	-57,057	8,398	9,056	8,817	10,439	11,165	11,915	11,617	13,492	14,319	15,175	14,808	16,972	17,916	365,907
Total Return On Investment (IRR)	24.63%

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.