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IN ESCROW
Co-Living Property
Tempe, AZ 85282
8 bedrooms 3 bathrooms 1977 year built 2025 year remodeled
8 bdrm/ 3 bath - Renovated 2025
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $89,400 | $92,082 | $94,844 | $97,690 | $100,620 | $103,639 | $106,748 | $109,951 | $113,249 | $116,647 |
| Vacancy Losses | ($7,152) | ($7,367) | ($7,588) | ($7,815) | ($8,050) | ($8,291) | ($8,540) | ($8,796) | ($9,060) | ($9,332) |
| Operating Income | $82,248 | $84,715 | $87,257 | $89,875 | $92,571 | $95,348 | $98,208 | $101,155 | $104,189 | $107,315 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($1,887) | ($1,944) | ($2,002) | ($2,062) | ($2,124) | ($2,188) | ($2,253) | ($2,321) | ($2,390) | ($2,462) |
| Insurance | ($1,887) | ($1,944) | ($2,002) | ($2,062) | ($2,124) | ($2,188) | ($2,253) | ($2,321) | ($2,390) | ($2,462) |
| Management Fees | ($13,160) | ($13,554) | ($13,961) | ($14,380) | ($14,811) | ($15,256) | ($15,713) | ($16,185) | ($16,670) | ($17,170) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Maintenance | ($2,682) | ($2,762) | ($2,845) | ($2,931) | ($3,019) | ($3,109) | ($3,202) | ($3,299) | ($3,397) | ($3,499) |
| Other | ($9,600) | ($9,888) | ($10,185) | ($10,490) | ($10,805) | ($11,129) | ($11,463) | ($11,807) | ($12,161) | ($12,526) |
| Operating Expenses | ($29,216) | ($30,092) | ($30,995) | ($31,925) | ($32,883) | ($33,869) | ($34,885) | ($35,932) | ($37,010) | ($38,120) |
| 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 | $53,032 | $54,623 | $56,262 | $57,950 | $59,688 | $61,479 | $63,323 | $65,223 | $67,180 | $69,195 |
| - Mortgage Payments | ($31,162) | ($31,162) | ($31,162) | ($31,162) | ($31,162) | ($31,162) | ($31,162) | ($31,162) | ($31,162) | ($31,162) |
| = Cash Flow | $21,870 | $23,461 | $25,100 | $26,788 | $28,526 | $30,317 | $32,161 | $34,061 | $36,017 | $38,033 |
| + Principal Reduction | $4,764 | $5,077 | $5,410 | $5,765 | $6,144 | $6,547 | $6,977 | $7,435 | $7,923 | $8,443 |
| + Appreciation | $33,300 | $35,298 | $37,416 | $39,661 | $42,040 | $44,563 | $47,237 | $50,071 | $53,075 | $56,260 |
| = Gross Equity Income | $59,934 | $63,836 | $67,926 | $72,213 | $76,710 | $81,426 | $86,374 | $91,566 | $97,015 | $102,735 |
| Capitalization Rate | 9.0% | 8.8% | 8.5% | 8.3% | 8.0% | 7.8% | 7.6% | 7.4% | 7.2% | 7.0% |
| Cash on Cash Return | 14.1% | 15.1% | 16.2% | 17.3% | 18.4% | 19.6% | 20.7% | 22.0% | 23.2% | 24.5% |
| Return on Equity | 33.9% | 29.4% | 26.1% | 23.6% | 21.7% | 20.1% | 18.8% | 17.7% | 16.8% | 16.0% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $588,300 | $623,598 | $661,014 | $700,675 | $742,715 | $787,278 | $834,515 | $884,586 | $937,661 | $993,920 |
| - Loan Balance | ($411,486) | ($406,409) | ($400,999) | ($395,234) | ($389,091) | ($382,544) | ($375,567) | ($368,132) | ($360,210) | ($351,767) |
| = Equity | $176,814 | $217,189 | $260,015 | $305,441 | $353,625 | $404,734 | $458,948 | $516,453 | $577,451 | $642,154 |
| Loan-to-Value Ratio | 69.9% | 65.2% | 60.7% | 56.4% | 52.4% | 48.6% | 45.0% | 41.6% | 38.4% | 35.4% |
| Potential Cash-Out Refi | $117,984 | $154,829 | $193,913 | $235,373 | $279,353 | $326,007 | $375,496 | $427,995 | $483,685 | $542,762 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $176,814 | $217,189 | $260,015 | $305,441 | $353,625 | $404,734 | $458,948 | $516,453 | $577,451 | $642,154 |
| - Closing Costs | ($41,181) | ($43,652) | ($46,271) | ($49,047) | ($51,990) | ($55,109) | ($58,416) | ($61,921) | ($65,636) | ($69,574) |
| = Proceeds After Sale | $135,633 | $173,537 | $213,744 | $256,393 | $301,635 | $349,625 | $400,532 | $454,532 | $511,815 | $572,579 |
| + Cumulative Cash Flow | $21,870 | $45,331 | $70,431 | $97,218 | $125,744 | $156,061 | $188,222 | $222,283 | $258,300 | $296,333 |
| - Approximate Cash Invested | ($155,053) | ($155,053) | ($155,053) | ($155,053) | ($155,053) | ($155,053) | ($155,053) | ($155,053) | ($155,053) | ($155,053) |
| = Net Profit | $2,450 | $63,815 | $129,121 | $198,558 | $272,326 | $350,633 | $433,700 | $521,762 | $615,062 | $713,859 |
| Internal Rate of Return | 1.6% | 20.0% | 24.9% | 26.5% | 26.8% | 26.7% | 26.4% | 26.0% | 25.6% | 25.2% |
| Return on Investment | 1.6% | 41.2% | 83.3% | 128.1% | 175.6% | 226.1% | 279.7% | 336.5% | 396.7% | 460.4% |
*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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