Property Analysis | 801 Mohawk Ave

Property Analysis For: 801 Mohawk Ave

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

Revenue
Rental Income	11,520	11,900	12,293	12,699	13,118	13,550	13,998	14,460	14,937	15,430	15,939	16,465	17,008	17,569	18,149

Expenses (Recurring)
Mortgage Payment	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904	6,904
Estimated Annual Property Taxes	211	217	224	231	237	245	252	260	267	275	284	292	301	310	319
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)	7,787	7,813	7,841	7,869	7,898	7,927	7,958	7,990	8,022	8,056	8,091	8,126	8,163	8,201	8,239
Annual Cash Flows	3,733	4,087	4,452	4,830	5,220	5,623	6,039	6,470	6,914	7,374	7,848	8,339	8,845	9,369	9,910

Expenses (Periodic)
Vacancy Costs	92	476	492	508	525	542	560	578	597	617	638	659	680	703	726
Maintenance & Repairs	0	893	922	952	984	1,016	1,050	1,084	1,120	1,157	1,195	1,235	1,276	1,318	1,361
Tenant Placement Credit	-480	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	480	200	200	529	200	200	200	602	200	200	200	686	200	200	200
Total Expenses (Periodic)	92	1,569	1,614	1,989	1,709	1,758	1,810	2,265	1,918	1,974	2,033	2,579	2,156	2,220	2,287

Total Return On Investment
Acquisition Down Payment	-29,950	0	0	0	0	0	0	0	0	0	0	0	0	0	29,950
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,641	2,518	2,839	2,840	3,511	3,865	4,230	4,204	4,997	5,399	5,815	5,759	6,689	7,148	7,623
Tax Savings	1,372	1,372	1,372	1,372	1,372	1,372	1,372	1,372	1,372	1,372	1,372	1,372	1,372	1,372	-12,808
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	24,323
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	157,317
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-27,712
Total Capital In/Out	-31,437	3,891	4,211	4,213	4,884	5,237	5,602	5,577	6,369	6,772	7,188	7,131	8,062	8,521	178,693
Total Return On Investment (IRR)	22.34%

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.