Property Analysis | 1558 Frayser Blvd

Property Analysis For: 1558 Frayser Blvd

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

Revenue
Rental Income	13,020	13,450	13,893	14,352	14,826	15,315	15,820	16,342	16,882	17,439	18,014	18,609	19,223	19,857	20,512

Expenses (Recurring)
Mortgage Payment	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614	7,614
Estimated Annual Property Taxes	751	774	797	821	845	871	897	924	951	980	1,009	1,040	1,071	1,103	1,136
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)	9,037	9,079	9,123	9,169	9,215	9,263	9,313	9,364	9,416	9,470	9,526	9,583	9,643	9,703	9,766
Annual Cash Flows	3,983	4,370	4,770	5,183	5,610	6,051	6,507	6,978	7,465	7,968	8,488	9,025	9,580	10,154	10,746

Expenses (Periodic)
Vacancy Costs	104	538	556	574	593	613	633	654	675	698	721	744	769	794	820
Maintenance & Repairs	0	1,009	1,042	1,076	1,112	1,149	1,187	1,226	1,266	1,308	1,351	1,396	1,442	1,489	1,538
Tenant Placement Credit	-543	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	543	200	200	598	200	200	200	681	200	200	200	775	200	200	200
Total Expenses (Periodic)	104	1,747	1,798	2,248	1,905	1,961	2,019	2,560	2,141	2,205	2,272	2,915	2,411	2,484	2,559

Total Return On Investment
Acquisition Down Payment	-33,900	0	0	0	0	0	0	0	0	0	0	0	0	0	33,900
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,879	2,624	2,972	2,935	3,705	4,090	4,488	4,418	5,324	5,763	6,216	6,110	7,170	7,670	8,187
Tax Savings	1,553	1,553	1,553	1,553	1,553	1,553	1,553	1,553	1,553	1,553	1,553	1,553	1,553	1,553	-14,497
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	28,287
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	178,064
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-31,366
Total Capital In/Out	-34,968	4,177	4,526	4,488	5,259	5,644	6,041	5,971	6,877	7,316	7,770	7,663	8,723	9,223	202,575
Total Return On Investment (IRR)	22.11%

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.