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	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638	8,638
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)	10,449	10,504	10,560	10,617	10,677	10,738	10,801	10,866	10,933	11,001	11,072	11,145	11,220	11,298	11,378
Annual Cash Flows	4,551	4,991	5,447	5,917	6,403	6,906	7,425	7,962	8,516	9,089	9,681	10,293	10,926	11,579	12,254

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	-37,475	0	0	0	0	0	0	0	0	0	0	0	0	0	37,475
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,431	3,009	3,406	3,327	4,239	4,677	5,129	5,012	6,080	6,579	7,095	6,935	8,179	8,748	9,336
Tax Savings	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	1,717	-16,026
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,435
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	196,843
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,674
Total Capital In/Out	-37,827	4,726	5,123	5,044	5,956	6,394	6,846	6,729	7,797	8,296	8,812	8,652	9,896	10,465	223,389
Total Return On Investment (IRR)	22.64%

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.