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	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272	14,272
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)	16,761	16,836	16,913	16,992	17,074	17,158	17,244	17,334	17,425	17,520	17,617	17,718	17,821	17,928	18,037
Annual Cash Flows	7,599	8,328	9,081	9,860	10,664	11,496	12,355	13,242	14,160	15,107	16,087	17,098	18,144	19,224	20,341

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	7,404	5,234	5,892	5,653	7,275	8,001	8,751	8,452	10,327	11,155	12,011	11,644	13,808	14,752	15,727
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	48,970
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	-57,421	8,035	8,693	8,454	10,075	10,801	11,551	11,253	13,128	13,956	14,811	14,445	16,609	17,553	364,193
Total Return On Investment (IRR)	24.10%

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.