Property Analysis | 62 Cedar Creek Loop

Property Analysis For: 62 Cedar Creek Loop

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

Revenue
Rental Income	19,140	19,772	20,424	21,098	21,794	22,514	23,256	24,024	24,817	25,636	26,482	27,356	28,258	29,191	30,154

Expenses (Recurring)
Mortgage Payment	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458	12,458
Estimated Annual Property Taxes	1,392	1,434	1,477	1,521	1,567	1,614	1,662	1,712	1,763	1,816	1,871	1,927	1,985	2,044	2,106
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)	14,522	14,584	14,648	14,713	14,781	14,851	14,923	14,997	15,073	15,151	15,232	15,315	15,401	15,489	15,580
Annual Cash Flows	4,618	5,188	5,776	6,385	7,013	7,663	8,334	9,027	9,744	10,485	11,250	12,040	12,857	13,702	14,574

Expenses (Periodic)
Vacancy Costs	153	791	817	844	872	901	930	961	993	1,025	1,059	1,094	1,130	1,168	1,206
Maintenance & Repairs	0	1,483	1,532	1,582	1,635	1,689	1,744	1,802	1,861	1,923	1,986	2,052	2,119	2,189	2,262
Tenant Placement Credit	-798	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	798	200	200	879	200	200	200	1,001	200	200	200	1,140	200	200	200
Total Expenses (Periodic)	153	2,474	2,549	3,305	2,706	2,789	2,874	3,764	3,054	3,148	3,245	4,286	3,450	3,557	3,668

Total Return On Investment
Acquisition Down Payment	-54,750	0	0	0	0	0	0	0	0	0	0	0	0	0	54,750
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,465	2,714	3,228	3,079	4,307	4,874	5,459	5,264	6,690	7,336	8,004	7,755	9,408	10,145	10,906
Tax Savings	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	2,509	-23,413
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	45,072
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	332,450
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-50,658
Total Capital In/Out	-54,277	5,222	5,736	5,588	6,815	7,382	7,968	7,772	9,199	9,845	10,513	10,263	11,916	12,653	369,107
Total Return On Investment (IRR)	21.50%

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.