Property Analysis | 753 Ranger Ave

Property Analysis For: 753 Ranger Ave

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

Revenue
Rental Income	13,500	13,946	14,406	14,881	15,372	15,879	16,403	16,945	17,504	18,082	18,678	19,295	19,931	20,589	21,269

Expenses (Recurring)
Mortgage Payment	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161	8,161
Estimated Annual Property Taxes	1,170	1,205	1,241	1,278	1,317	1,356	1,397	1,439	1,482	1,527	1,572	1,620	1,668	1,718	1,770
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)	10,003	10,058	10,115	10,173	10,234	10,296	10,360	10,426	10,494	10,564	10,636	10,710	10,787	10,866	10,947
Annual Cash Flows	3,497	3,888	4,291	4,708	5,138	5,583	6,043	6,519	7,010	7,518	8,042	8,584	9,144	9,723	10,322

Expenses (Periodic)
Vacancy Costs	108	558	576	595	615	635	656	678	700	723	747	772	797	824	851
Maintenance & Repairs	0	1,046	1,080	1,116	1,153	1,191	1,230	1,271	1,313	1,356	1,401	1,447	1,495	1,544	1,595
Tenant Placement Credit	-563	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	563	200	200	620	200	200	200	706	200	200	200	804	200	200	200
Total Expenses (Periodic)	108	1,804	1,857	2,331	1,968	2,026	2,086	2,655	2,213	2,279	2,348	3,023	2,492	2,568	2,646

Total Return On Investment
Acquisition Down Payment	-34,950	0	0	0	0	0	0	0	0	0	0	0	0	0	34,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,389	2,084	2,434	2,376	3,171	3,557	3,957	3,864	4,797	5,238	5,694	5,561	6,652	7,156	7,676
Tax Savings	1,601	1,601	1,601	1,601	1,601	1,601	1,601	1,601	1,601	1,601	1,601	1,601	1,601	1,601	-14,946
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,000
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	183,580
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-32,338
Total Capital In/Out	-36,459	3,685	4,036	3,978	4,772	5,159	5,558	5,465	6,398	6,840	7,295	7,163	8,254	8,757	206,921
Total Return On Investment (IRR)	20.80%

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.