Property Analysis | 661 Whitehaven Ln

Property Analysis For: 661 Whitehaven Ln

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

Revenue
Rental Income	12,420	12,830	13,253	13,691	14,142	14,609	15,091	15,589	16,104	16,635	17,184	17,751	18,337	18,942	19,567

Expenses (Recurring)
Mortgage Payment	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355	7,355
Estimated Annual Property Taxes	961	990	1,020	1,050	1,082	1,114	1,147	1,182	1,217	1,254	1,292	1,330	1,370	1,411	1,454
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)	8,988	9,037	9,088	9,140	9,193	9,248	9,305	9,364	9,424	9,486	9,550	9,616	9,684	9,753	9,825
Annual Cash Flows	3,432	3,792	4,165	4,551	4,949	5,361	5,786	6,225	6,680	7,149	7,634	8,135	8,653	9,189	9,742

Expenses (Periodic)
Vacancy Costs	99	513	530	548	566	584	604	624	644	665	687	710	733	758	783
Maintenance & Repairs	0	962	994	1,027	1,061	1,096	1,132	1,169	1,208	1,248	1,289	1,331	1,375	1,421	1,468
Tenant Placement Credit	-518	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	518	200	200	570	200	200	200	650	200	200	200	740	200	200	200
Total Expenses (Periodic)	99	1,675	1,724	2,145	1,826	1,880	1,935	2,442	2,052	2,113	2,176	2,781	2,309	2,378	2,450

Total Return On Investment
Acquisition Down Payment	-32,325	0	0	0	0	0	0	0	0	0	0	0	0	0	32,325
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,332	2,117	2,441	2,406	3,123	3,481	3,850	3,783	4,628	5,036	5,458	5,354	6,344	6,810	7,291
Tax Savings	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	1,481	-13,823
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	26,611
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	169,792
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-29,909
Total Capital In/Out	-34,012	3,598	3,922	3,887	4,604	4,962	5,332	5,264	6,109	6,517	6,939	6,835	7,826	8,291	192,286
Total Return On Investment (IRR)	21.05%

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.