Property Analysis | 3233 N. Trezevant St

Property Analysis For: 3233 N. Trezevant St

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

Revenue
Rental Income	13,140	13,574	14,022	14,484	14,962	15,456	15,966	16,493	17,037	17,599	18,180	18,780	19,400	20,040	20,701

Expenses (Recurring)
Mortgage Payment	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986	7,986
Estimated Annual Property Taxes	1,045	1,076	1,109	1,142	1,176	1,211	1,248	1,285	1,324	1,363	1,404	1,447	1,490	1,535	1,581
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)	9,703	9,754	9,807	9,862	9,918	9,976	10,036	10,097	10,161	10,226	10,293	10,362	10,434	10,507	10,583
Annual Cash Flows	3,437	3,820	4,214	4,623	5,044	5,480	5,930	6,396	6,877	7,374	7,887	8,418	8,966	9,533	10,119

Expenses (Periodic)
Vacancy Costs	105	543	561	579	598	618	639	660	681	704	727	751	776	802	828
Maintenance & Repairs	0	1,018	1,052	1,086	1,122	1,159	1,197	1,237	1,278	1,320	1,364	1,409	1,455	1,503	1,553
Tenant Placement Credit	-548	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	548	200	200	604	200	200	200	687	200	200	200	783	200	200	200
Total Expenses (Periodic)	105	1,761	1,812	2,269	1,921	1,977	2,036	2,584	2,159	2,224	2,291	2,942	2,431	2,505	2,581

Total Return On Investment
Acquisition Down Payment	-34,200	0	0	0	0	0	0	0	0	0	0	0	0	0	34,200
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	3,332	2,059	2,402	2,353	3,124	3,503	3,894	3,812	4,717	5,150	5,596	5,476	6,535	7,028	7,538
Tax Savings	1,567	1,567	1,567	1,567	1,567	1,567	1,567	1,567	1,567	1,567	1,567	1,567	1,567	1,567	-14,625
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	27,399
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	179,640
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-31,644
Total Capital In/Out	-35,801	3,626	3,969	3,920	4,691	5,070	5,461	5,379	6,284	6,717	7,163	7,043	8,102	8,595	202,508
Total Return On Investment (IRR)	20.79%

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.