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	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672	12,672
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)	13,967	14,006	14,046	14,087	14,130	14,174	14,219	14,265	14,313	14,362	14,413	14,465	14,519	14,574	14,631
Annual Cash Flows	8,233	8,926	9,643	10,384	11,149	11,939	12,756	13,600	14,471	15,372	16,303	17,264	18,257	19,284	20,344

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	8,055	6,089	6,719	6,550	8,042	8,736	9,454	9,234	10,961	11,753	12,570	12,293	14,288	15,190	16,122
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	44,647
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	-50,901	8,608	9,238	9,069	10,561	11,255	11,973	11,753	13,480	14,272	15,089	14,812	16,807	17,709	330,132
Total Return On Investment (IRR)	26.26%

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.