New Construction near TSMC
Surprise, AZ 85361
3 bedrooms 2 bathrooms 2025 year built
Rent range: $1900 - $2200
| Square Feet | 1,703 | | Initial Market Value | $405,945 | | Purchase Price | $405,945 | | Downpayment | $121,784 | | Loan Origination Fees | $5,683 | | Depreciable Closing Costs | $4,059 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $131,526 | | Cost per Square Foot | $238 | | Monthly Rent per Square Foot | $1.20 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,050 | $24,600 | | Vacancy Losses | ($164) | ($1,968) | | Operating Income | $1,886 | $22,632 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($135) | ($1,624) | | Insurance | ($68) | ($812) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($100) | ($1,200) | | Maintenance | ($41) | ($492) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($344) | ($4,128) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,542 | $18,504 | | - Mortgage Payments | ($1,539) | ($18,470) | | = Cash Flow | $3 | $34 | | + Principal Reduction | $0 | $0 | | + First-Year Appreciation | $2,030 | $24,357 | | = Gross Equity Income | $2,033 | $24,391 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | 0% | | Loan Amount | $284,162 | $0 | | Monthly Payment | $1,539.21 | $0.00 | | Loan Type | Interest Only Fixed | | | Term | 10 Years | | | Interest Rate | 6.500% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.5% | | Debt Coverage Ratio | 1.00 | | Annual Gross Rent Multiplier | 17 | | Capitalization Rate | 4.6% | | Cash on Cash Return | 0% | | Return on Investment | 19% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
*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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