Property Analysis | 828 Jane Dr

Property Analysis For: 828 Jane Dr

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

Revenue
Rental Income	22,200	22,933	23,689	24,471	25,279	26,113	26,975	27,865	28,784	29,734	30,715	31,729	32,776	33,858	34,975

Expenses (Recurring)
Mortgage Payment	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347	12,347
Estimated Annual Property Taxes	623	642	661	681	701	722	744	766	789	813	837	862	888	915	942
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)	13,642	13,681	13,721	13,762	13,805	13,848	13,893	13,940	13,987	14,037	14,087	14,140	14,193	14,249	14,306
Annual Cash Flows	8,558	9,252	9,969	10,709	11,474	12,265	13,081	13,925	14,797	15,697	16,628	17,589	18,583	19,609	20,669

Expenses (Periodic)
Vacancy Costs	178	917	948	979	1,011	1,045	1,079	1,115	1,151	1,189	1,229	1,269	1,311	1,354	1,399
Maintenance & Repairs	0	1,720	1,777	1,835	1,896	1,958	2,023	2,090	2,159	2,230	2,304	2,380	2,458	2,539	2,623
Tenant Placement Credit	-925	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	925	200	200	1,020	200	200	200	1,161	200	200	200	1,322	200	200	200
Total Expenses (Periodic)	178	2,837	2,924	3,834	3,107	3,203	3,302	4,365	3,510	3,619	3,732	4,971	3,969	4,094	4,222

Total Return On Investment
Acquisition Down Payment	-54,975	0	0	0	0	0	0	0	0	0	0	0	0	0	54,975
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	8,380	6,414	7,044	6,875	8,367	9,062	9,779	9,560	11,287	12,078	12,896	12,619	14,613	15,515	16,447
Tax Savings	2,519	2,519	2,519	2,519	2,519	2,519	2,519	2,519	2,519	2,519	2,519	2,519	2,519	2,519	-23,509
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	45,872
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	288,764
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-50,866
Total Capital In/Out	-50,576	8,933	9,563	9,394	10,886	11,580	12,298	12,078	13,805	14,597	15,415	15,137	17,132	18,034	331,682
Total Return On Investment (IRR)	26.81%

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.