Property Analysis | 676 Frayser Dr

Property Analysis For: 676 Frayser Dr

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

Revenue
Rental Income	12,300	12,706	13,125	13,558	14,006	14,468	14,945	15,439	15,948	16,474	17,018	17,580	18,160	18,759	19,378

Expenses (Recurring)
Mortgage Payment	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659	6,659
Estimated Annual Property Taxes	859	885	911	939	967	996	1,026	1,056	1,088	1,121	1,154	1,189	1,225	1,261	1,299
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)	8,190	8,236	8,283	8,332	8,382	8,433	8,487	8,542	8,598	8,656	8,716	8,778	8,841	8,907	8,974
Annual Cash Flows	4,110	4,470	4,842	5,227	5,624	6,034	6,459	6,897	7,350	7,818	8,302	8,802	9,318	9,852	10,404

Expenses (Periodic)
Vacancy Costs	98	508	525	542	560	579	598	618	638	659	681	703	726	750	775
Maintenance & Repairs	0	953	984	1,017	1,050	1,085	1,121	1,158	1,196	1,236	1,276	1,318	1,362	1,407	1,453
Tenant Placement Credit	-513	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	513	200	200	565	200	200	200	643	200	200	200	732	200	200	200
Total Expenses (Periodic)	98	1,661	1,709	2,124	1,811	1,864	1,919	2,419	2,034	2,095	2,157	2,754	2,288	2,357	2,428

Total Return On Investment
Acquisition Down Payment	-30,850	0	0	0	0	0	0	0	0	0	0	0	0	0	30,850
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	4,012	2,809	3,133	3,103	3,813	4,171	4,540	4,478	5,316	5,724	6,145	6,048	7,030	7,495	7,975
Tax Savings	1,413	1,413	1,413	1,413	1,413	1,413	1,413	1,413	1,413	1,413	1,413	1,413	1,413	1,413	-13,193
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	26,794
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	162,044
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-28,544
Total Capital In/Out	-31,925	4,223	4,546	4,516	5,227	5,584	5,953	5,892	6,729	7,137	7,558	7,461	8,443	8,908	185,926
Total Return On Investment (IRR)	22.97%

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.