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Great location!
Queen Creek, AZ 85142
3 bedrooms 2 bathrooms 2025 year built
Up to 11% financed incentives!
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $28,800 | $29,664 | $30,554 | $31,471 | $32,415 | $33,387 | $34,389 | $35,420 | $36,483 | $37,577 |
| Vacancy Losses | ($2,304) | ($2,373) | ($2,444) | ($2,518) | ($2,593) | ($2,671) | ($2,751) | ($2,834) | ($2,919) | ($3,006) |
| Operating Income | $26,496 | $27,291 | $28,110 | $28,953 | $29,821 | $30,716 | $31,638 | $32,587 | $33,564 | $34,571 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($2,604) | ($2,682) | ($2,763) | ($2,846) | ($2,931) | ($3,019) | ($3,110) | ($3,203) | ($3,299) | ($3,398) |
| Insurance | ($947) | ($975) | ($1,005) | ($1,035) | ($1,066) | ($1,098) | ($1,131) | ($1,165) | ($1,200) | ($1,236) |
| Management Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($1,788) | ($1,842) | ($1,897) | ($1,954) | ($2,012) | ($2,073) | ($2,135) | ($2,199) | ($2,265) | ($2,333) |
| Maintenance | ($576) | ($593) | ($611) | ($629) | ($648) | ($668) | ($688) | ($708) | ($730) | ($752) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($5,915) | ($6,093) | ($6,276) | ($6,464) | ($6,658) | ($6,858) | ($7,063) | ($7,275) | ($7,493) | ($7,718) |
| 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 | $20,581 | $21,198 | $21,834 | $22,489 | $23,164 | $23,859 | $24,574 | $25,312 | $26,071 | $26,853 |
| - Mortgage Payments | ($21,328) | ($21,328) | ($21,328) | ($21,328) | ($21,328) | ($21,328) | ($21,328) | ($26,580) | ($26,580) | ($26,580) |
| = Cash Flow | ($747) | ($130) | $506 | $1,161 | $1,836 | $2,530 | $3,246 | ($1,268) | ($509) | $273 |
| + Principal Reduction | $4,899 | $5,149 | $5,412 | $5,688 | $5,979 | $6,284 | $6,605 | $9,377 | $9,954 | $10,567 |
| + Appreciation | $28,411 | $30,116 | $31,923 | $33,838 | $35,868 | $38,021 | $40,302 | $42,720 | $45,283 | $48,000 |
| = Gross Equity Income | $32,563 | $35,135 | $37,841 | $40,687 | $43,683 | $46,835 | $50,153 | $50,828 | $54,728 | $58,840 |
| Capitalization Rate | 4.1% | 4.0% | 3.9% | 3.8% | 3.7% | 3.6% | 3.5% | 3.4% | 3.3% | 3.2% |
| Cash on Cash Return | -0.5% | -0.1% | 0.3% | 0.7% | 1.2% | 1.6% | 2.1% | -0.8% | -0.3% | 0.2% |
| Return on Equity | 18.6% | 16.7% | 15.3% | 14.2% | 13.3% | 12.5% | 11.9% | 10.8% | 10.4% | 10.0% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $501,930 | $532,046 | $563,969 | $597,807 | $633,675 | $671,696 | $711,997 | $754,717 | $800,000 | $848,000 |
| - Loan Balance | ($326,564) | ($321,415) | ($316,003) | ($310,314) | ($304,335) | ($298,051) | ($291,446) | ($282,069) | ($272,115) | ($261,548) |
| = Equity | $175,366 | $210,631 | $247,966 | $287,492 | $329,340 | $373,644 | $420,551 | $472,648 | $527,886 | $586,453 |
| Loan-to-Value Ratio | 65.1% | 60.4% | 56.0% | 51.9% | 48.0% | 44.4% | 40.9% | 37.4% | 34.0% | 30.8% |
| Potential Cash-Out Refi | $125,173 | $157,426 | $191,569 | $227,712 | $265,972 | $306,475 | $349,351 | $397,176 | $447,886 | $501,653 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $175,366 | $210,631 | $247,966 | $287,492 | $329,340 | $373,644 | $420,551 | $472,648 | $527,886 | $586,453 |
| - Closing Costs | ($35,135) | ($37,243) | ($39,478) | ($41,846) | ($44,357) | ($47,019) | ($49,840) | ($52,830) | ($56,000) | ($59,360) |
| = Proceeds After Sale | $140,231 | $173,388 | $208,488 | $245,646 | $284,983 | $326,626 | $370,711 | $419,818 | $471,886 | $527,093 |
| + Cumulative Cash Flow | ($747) | ($878) | ($372) | $789 | $2,625 | $5,155 | $8,402 | $7,133 | $6,624 | $6,897 |
| - Approximate Cash Invested | ($158,155) | ($158,155) | ($158,155) | ($158,155) | ($158,155) | ($158,155) | ($158,155) | ($158,155) | ($158,155) | ($158,155) |
| = Net Profit | ($18,672) | $14,355 | $49,961 | $88,280 | $129,452 | $173,626 | $220,958 | $268,796 | $320,354 | $375,835 |
| Internal Rate of Return | -11.8% | 4.4% | 9.6% | 11.7% | 12.7% | 13.1% | 13.3% | 13.3% | 13.2% | 13.0% |
| Return on Investment | -11.8% | 9.1% | 31.6% | 55.8% | 81.9% | 109.8% | 139.7% | 170.0% | 202.6% | 237.6% |
*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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