Property Analysis | 7201 E Wakefield Dr

Property Analysis For: 7201 E Wakefield Dr

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

Revenue
Rental Income	11,940	12,334	12,741	13,161	13,596	14,044	14,508	14,987	15,481	15,992	16,520	17,065	17,628	18,210	18,811

Expenses (Recurring)
Mortgage Payment	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163	7,163
Estimated Annual Property Taxes	481	495	510	526	541	558	574	592	609	628	646	666	686	706	728
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)	8,316	8,351	8,386	8,423	8,461	8,500	8,540	8,581	8,624	8,668	8,713	8,759	8,807	8,856	8,907
Annual Cash Flows	3,624	3,983	4,355	4,738	5,135	5,545	5,968	6,406	6,858	7,325	7,807	8,306	8,821	9,354	9,904

Expenses (Periodic)
Vacancy Costs	96	493	510	526	544	562	580	599	619	640	661	683	705	728	752
Maintenance & Repairs	0	925	956	987	1,020	1,053	1,088	1,124	1,161	1,199	1,239	1,280	1,322	1,366	1,411
Tenant Placement Credit	-498	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	498	200	200	548	200	200	200	624	200	200	200	711	200	200	200
Total Expenses (Periodic)	96	1,618	1,665	2,062	1,764	1,815	1,868	2,348	1,980	2,039	2,100	2,674	2,227	2,294	2,363

Total Return On Investment
Acquisition Down Payment	-31,075	0	0	0	0	0	0	0	0	0	0	0	0	0	31,075
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,528	2,365	2,689	2,676	3,371	3,730	4,100	4,058	4,877	5,286	5,707	5,632	6,594	7,059	7,540
Tax Savings	1,424	1,424	1,424	1,424	1,424	1,424	1,424	1,424	1,424	1,424	1,424	1,424	1,424	1,424	-13,289
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	25,237
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	163,226
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-28,753
Total Capital In/Out	-32,623	3,789	4,113	4,100	4,795	5,153	5,523	5,481	6,301	6,709	7,131	7,056	8,018	8,483	185,037
Total Return On Investment (IRR)	21.80%

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.