Property Information
FINANCED
San Tan Valley, AZ 85143
3 bedrooms 2 bathrooms 2025 year built
Rent range $1900-$2200
Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
---|---|---|---|---|---|---|---|---|---|---|
Gross Rent | $24,000 | $24,720 | $25,462 | $26,225 | $27,012 | $27,823 | $28,657 | $29,517 | $30,402 | $31,315 |
Vacancy Losses | ($1,920) | ($1,978) | ($2,037) | ($2,098) | ($2,161) | ($2,226) | ($2,293) | ($2,361) | ($2,432) | ($2,505) |
Operating Income | $22,080 | $22,742 | $23,425 | $24,127 | $24,851 | $25,597 | $26,365 | $27,156 | $27,970 | $28,809 |
Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
---|---|---|---|---|---|---|---|---|---|---|
Property Taxes | ($1,665) | ($1,715) | ($1,766) | ($1,819) | ($1,874) | ($1,930) | ($1,988) | ($2,048) | ($2,109) | ($2,172) |
Insurance | ($555) | ($572) | ($589) | ($606) | ($625) | ($643) | ($663) | ($683) | ($703) | ($724) |
Management Fees | ($1,032) | ($1,063) | ($1,095) | ($1,128) | ($1,162) | ($1,196) | ($1,232) | ($1,269) | ($1,307) | ($1,347) |
Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Association Fees | ($1,020) | ($1,051) | ($1,082) | ($1,115) | ($1,148) | ($1,182) | ($1,218) | ($1,254) | ($1,292) | ($1,331) |
Maintenance | ($480) | ($494) | ($509) | ($525) | ($540) | ($556) | ($573) | ($590) | ($608) | ($626) |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Operating Expenses | ($4,752) | ($4,894) | ($5,041) | ($5,193) | ($5,348) | ($5,509) | ($5,674) | ($5,844) | ($6,020) | ($6,200) |
Income Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
---|---|---|---|---|---|---|---|---|---|---|
Net Operating Income | $17,328 | $17,848 | $18,383 | $18,935 | $19,503 | $20,088 | $20,691 | $21,311 | $21,951 | $22,609 |
- Mortgage Payments | ($15,863) | ($15,863) | ($15,863) | ($15,863) | ($15,863) | ($15,863) | ($15,863) | ($15,863) | ($15,863) | ($15,863) |
= Cash Flow | $1,465 | $1,985 | $2,520 | $3,072 | $3,640 | $4,225 | $4,827 | $5,448 | $6,087 | $6,746 |
+ Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
+ Appreciation | $22,199 | $23,531 | $24,943 | $26,440 | $28,026 | $29,708 | $31,490 | $33,380 | $35,382 | $37,505 |
= Gross Equity Income | $23,664 | $25,516 | $27,463 | $29,511 | $31,666 | $33,932 | $36,318 | $38,828 | $41,470 | $44,251 |
Capitalization Rate | 4.4% | 4.3% | 4.2% | 4.1% | 3.9% | 3.8% | 3.7% | 3.6% | 3.5% | 3.4% |
Cash on Cash Return | 1.1% | 1.5% | 1.9% | 2.3% | 2.7% | 3.2% | 3.6% | 4.1% | 4.5% | 5.0% |
Return on Equity | 17.8% | 16.3% | 15.1% | 14.2% | 13.4% | 12.8% | 12.2% | 11.7% | 11.3% | 11.0% |
Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
---|---|---|---|---|---|---|---|---|---|---|
Market Value | $392,189 | $415,721 | $440,664 | $467,104 | $495,130 | $524,838 | $556,328 | $589,708 | $625,090 | $662,596 |
- Loan Balance | ($258,993) | ($258,993) | ($258,993) | ($258,993) | ($258,993) | ($258,993) | ($258,993) | ($258,993) | ($258,993) | ($258,993) |
= Equity | $133,196 | $156,728 | $181,671 | $208,111 | $236,137 | $265,845 | $297,335 | $330,715 | $366,097 | $403,603 |
Loan-to-Value Ratio | 66.0% | 62.3% | 58.8% | 55.4% | 52.3% | 49.3% | 46.6% | 43.9% | 41.4% | 39.1% |
Potential Cash-Out Refi | $93,977 | $115,156 | $137,605 | $161,400 | $186,624 | $213,361 | $241,702 | $271,744 | $303,588 | $337,343 |
Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
---|---|---|---|---|---|---|---|---|---|---|
Equity | $133,196 | $156,728 | $181,671 | $208,111 | $236,137 | $265,845 | $297,335 | $330,715 | $366,097 | $403,603 |
- Closing Costs | ($27,453) | ($29,100) | ($30,846) | ($32,697) | ($34,659) | ($36,739) | ($38,943) | ($41,280) | ($43,756) | ($46,382) |
= Proceeds After Sale | $105,743 | $127,627 | $150,825 | $175,414 | $201,478 | $229,106 | $258,392 | $289,435 | $322,341 | $357,221 |
+ Cumulative Cash Flow | $1,465 | $3,449 | $5,969 | $9,041 | $12,681 | $16,905 | $21,733 | $27,181 | $33,268 | $40,014 |
- Approximate Cash Invested | ($133,936) | ($133,936) | ($133,936) | ($133,936) | ($133,936) | ($133,936) | ($133,936) | ($133,936) | ($133,936) | ($133,936) |
= Net Profit | ($26,728) | ($2,859) | $22,858 | $50,519 | $80,223 | $112,076 | $146,189 | $182,680 | $221,673 | $263,299 |
Internal Rate of Return | -20.0% | -1.1% | 5.5% | 8.5% | 10.1% | 11.0% | 11.5% | 11.8% | 12.0% | 12.1% |
Return on Investment | -20.0% | -2.1% | 17.1% | 37.7% | 59.9% | 83.7% | 109.1% | 136.4% | 165.5% | 196.6% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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