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	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090	14,090
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)	16,579	16,654	16,731	16,810	16,891	16,975	17,062	17,151	17,243	17,338	17,435	17,535	17,639	17,745	17,855
Annual Cash Flows	7,781	8,510	9,264	10,042	10,847	11,678	12,537	13,425	14,342	15,290	16,269	17,281	18,326	19,407	20,523

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	7,586	5,416	6,074	5,835	7,457	8,183	8,933	8,634	10,510	11,337	12,193	11,826	13,990	14,934	15,910
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	49,642
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	-57,238	8,217	8,875	8,636	10,258	10,984	11,734	11,435	13,310	14,138	14,994	14,627	16,791	17,735	365,048
Total Return On Investment (IRR)	24.36%

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.