Client - 15 Unit SFH - New Construction
Phoenix, AZ 85018
9 bedrooms 9.5 bathrooms
3 bdrm/ 2.5 bath each unit - Only 3 units vacant
| General Information | |
|---|
| Square Feet | 27,375 | | Purchase Price | $9,250,000 | | Initial Market Value | $9,250,000 | | Downpayment | $3,237,500 | | Closing Costs | $397,750 | | Approximate Cash Invested | $3,635,250 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $51,850 | $622,200 | | Vacancy Losses | $4,148 | $49,776 | | Operating Income | $47,702 | $572,424 | | Operating Expenses | $4,872 | $58,466 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $42,830 | $513,958 | | - Mortgage Payments | $32,568 | $390,813 | | = Cash Flow | $10,262 | $123,146 | | + Principal Reduction | $0 | $0 | | + First-Year Appreciation | $46,250 | $555,000 | | = Gross Equity Income | $56,512 | $678,146 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.6% | | Cash on Cash Return | 3% | | Return on Investment | 19% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 4% |
| Comments |
|---|
No Pool.
Blinds included.
Appliances included.
Washer/Dryer included in each unit.
15 units in 7 buildings.
PM is 4% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
|
