Property Analysis | 733 Hazelwood Rd

Property Analysis For: 733 Hazelwood Rd

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

Revenue
Rental Income	12,000	12,396	12,805	13,228	13,664	14,115	14,581	15,062	15,559	16,073	16,603	17,151	17,717	18,301	18,905

Expenses (Recurring)
Mortgage Payment	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760	6,760
Estimated Annual Property Taxes	734	756	779	802	826	851	876	903	930	958	986	1,016	1,047	1,078	1,110
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)	8,166	8,208	8,252	8,297	8,343	8,390	8,439	8,489	8,541	8,595	8,650	8,706	8,765	8,825	8,887
Annual Cash Flows	3,834	4,188	4,553	4,931	5,321	5,725	6,142	6,573	7,018	7,478	7,953	8,444	8,952	9,476	10,018

Expenses (Periodic)
Vacancy Costs	96	496	512	529	547	565	583	602	622	643	664	686	709	732	756
Maintenance & Repairs	0	930	960	992	1,025	1,059	1,094	1,130	1,167	1,205	1,245	1,286	1,329	1,373	1,418
Tenant Placement Credit	-500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	500	200	200	551	200	200	200	628	200	200	200	715	200	200	200
Total Expenses (Periodic)	96	1,626	1,673	2,072	1,771	1,823	1,877	2,360	1,989	2,048	2,109	2,687	2,237	2,305	2,374

Total Return On Investment
Acquisition Down Payment	-30,100	0	0	0	0	0	0	0	0	0	0	0	0	0	30,100
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,738	2,562	2,881	2,859	3,550	3,902	4,265	4,213	5,028	5,429	5,844	5,757	6,714	7,172	7,644
Tax Savings	1,379	1,379	1,379	1,379	1,379	1,379	1,379	1,379	1,379	1,379	1,379	1,379	1,379	1,379	-12,872
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	25,116
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	158,104
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-27,850
Total Capital In/Out	-31,483	3,941	4,260	4,238	4,929	5,281	5,644	5,592	6,408	6,809	7,223	7,136	8,094	8,551	180,242
Total Return On Investment (IRR)	22.44%

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.