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	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509	12,509
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)	13,804	13,843	13,883	13,924	13,967	14,011	14,056	14,102	14,150	14,199	14,250	14,302	14,356	14,411	14,468
Annual Cash Flows	8,396	9,089	9,806	10,547	11,312	12,102	12,919	13,763	14,635	15,535	16,466	17,427	18,420	19,447	20,507

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	8,218	6,252	6,882	6,713	8,205	8,899	9,617	9,397	11,124	11,916	12,733	12,456	14,451	15,353	16,285
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	45,257
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	-50,738	8,771	9,401	9,232	10,724	11,418	12,136	11,916	13,643	14,435	15,252	14,975	16,970	17,872	330,905
Total Return On Investment (IRR)	26.54%

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.