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	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836	12,836
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)	14,131	14,170	14,210	14,251	14,294	14,338	14,383	14,429	14,477	14,526	14,577	14,629	14,683	14,738	14,795
Annual Cash Flows	8,069	8,762	9,479	10,220	10,985	11,775	12,592	13,436	14,307	15,208	16,139	17,100	18,093	19,120	20,180

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	7,891	5,925	6,555	6,386	7,878	8,572	9,290	9,070	10,797	11,589	12,406	12,129	14,124	15,026	15,958
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	44,043
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	-51,065	8,444	9,074	8,905	10,397	11,091	11,809	11,589	13,316	14,108	14,925	14,648	16,643	17,545	329,363
Total Return On Investment (IRR)	25.98%

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.