Property Analysis | 72 W Paxton Ln

Property Analysis For: 72 W Paxton Ln

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

Revenue
Rental Income	15,000	15,495	16,006	16,535	17,080	17,644	18,226	18,828	19,449	20,091	20,754	21,439	22,146	22,877	23,632

Expenses (Recurring)
Mortgage Payment	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973	7,973
Estimated Annual Property Taxes	1,139	1,173	1,208	1,245	1,282	1,320	1,360	1,401	1,443	1,486	1,531	1,577	1,624	1,673	1,723
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)	9,784	9,838	9,894	9,952	10,011	10,073	10,135	10,200	10,267	10,336	10,407	10,480	10,555	10,633	10,712
Annual Cash Flows	5,216	5,657	6,112	6,583	7,069	7,571	8,091	8,627	9,182	9,755	10,347	10,959	11,591	12,244	12,919

Expenses (Periodic)
Vacancy Costs	120	620	640	661	683	706	729	753	778	804	830	858	886	915	945
Maintenance & Repairs	0	1,162	1,200	1,240	1,281	1,323	1,367	1,412	1,459	1,507	1,557	1,608	1,661	1,716	1,772
Tenant Placement Credit	-625	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	625	200	200	689	200	200	200	784	200	200	200	893	200	200	200
Total Expenses (Periodic)	120	1,982	2,041	2,590	2,164	2,229	2,296	2,950	2,437	2,510	2,587	3,359	2,747	2,831	2,918

Total Return On Investment
Acquisition Down Payment	-35,500	0	0	0	0	0	0	0	0	0	0	0	0	0	35,500
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,096	3,675	4,071	3,992	4,905	5,342	5,795	5,678	6,745	7,244	7,760	7,600	8,844	9,413	10,002
Tax Savings	1,627	1,627	1,627	1,627	1,627	1,627	1,627	1,627	1,627	1,627	1,627	1,627	1,627	1,627	-15,181
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,622
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	186,469
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-32,847
Total Capital In/Out	-35,278	5,301	5,698	5,619	6,531	6,969	7,421	7,304	8,372	8,871	9,387	9,226	10,471	11,040	213,564
Total Return On Investment (IRR)	24.51%

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.