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New construction includes bonus studio
Queen Creek, AZ 85142
4 bedrooms 3 bathrooms 2025 year built
Rent range $3000-$3200
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $36,000 | $37,080 | $38,192 | $39,338 | $40,518 | $41,734 | $42,986 | $44,275 | $45,604 | $46,972 |
| Vacancy Losses | ($2,880) | ($2,966) | ($3,055) | ($3,147) | ($3,241) | ($3,339) | ($3,439) | ($3,542) | ($3,648) | ($3,758) |
| Operating Income | $33,120 | $34,114 | $35,137 | $36,191 | $37,277 | $38,395 | $39,547 | $40,733 | $41,955 | $43,214 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($2,774) | ($2,857) | ($2,943) | ($3,031) | ($3,122) | ($3,216) | ($3,312) | ($3,412) | ($3,514) | ($3,619) |
| Insurance | ($1,040) | ($1,071) | ($1,104) | ($1,137) | ($1,171) | ($1,206) | ($1,242) | ($1,279) | ($1,318) | ($1,357) |
| 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 | ($1,080) | ($1,112) | ($1,146) | ($1,180) | ($1,216) | ($1,252) | ($1,290) | ($1,328) | ($1,368) | ($1,409) |
| Maintenance | ($720) | ($742) | ($764) | ($787) | ($810) | ($835) | ($860) | ($886) | ($912) | ($939) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($5,614) | ($5,783) | ($5,956) | ($6,135) | ($6,319) | ($6,508) | ($6,704) | ($6,905) | ($7,112) | ($7,325) |
| 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 | $27,506 | $28,331 | $29,181 | $30,056 | $30,958 | $31,887 | $32,843 | $33,829 | $34,844 | $35,889 |
| - Mortgage Payments | ($27,777) | ($27,777) | ($27,777) | ($27,777) | ($27,777) | ($27,777) | ($27,777) | ($27,777) | ($27,777) | ($27,777) |
| = Cash Flow | ($272) | $554 | $1,404 | $2,279 | $3,181 | $4,109 | $5,066 | $6,051 | $7,066 | $8,111 |
| + Principal Reduction | $8,564 | $8,912 | $9,274 | $9,651 | $10,043 | $10,451 | $10,876 | $11,318 | $11,778 | $12,256 |
| + Appreciation | $41,609 | $44,106 | $46,752 | $49,557 | $52,531 | $55,683 | $59,024 | $62,565 | $66,319 | $70,298 |
| = Gross Equity Income | $49,902 | $53,571 | $57,430 | $61,487 | $65,754 | $70,243 | $74,965 | $79,934 | $85,163 | $90,666 |
| Capitalization Rate | 3.7% | 3.6% | 3.5% | 3.4% | 3.3% | 3.2% | 3.1% | 3.1% | 3.0% | 2.9% |
| Cash on Cash Return | -0.1% | 0.2% | 0.6% | 1.0% | 1.4% | 1.8% | 2.2% | 2.6% | 3.1% | 3.5% |
| Return on Equity | 19.3% | 17.2% | 15.6% | 14.4% | 13.4% | 12.7% | 12.0% | 11.4% | 11.0% | 10.5% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $735,099 | $779,205 | $825,958 | $875,515 | $928,046 | $983,729 | $1,042,753 | $1,105,318 | $1,171,637 | $1,241,935 |
| - Loan Balance | ($476,879) | ($467,968) | ($458,694) | ($449,043) | ($439,000) | ($428,549) | ($417,674) | ($406,356) | ($394,578) | ($382,322) |
| = Equity | $258,220 | $311,238 | $367,264 | $426,472 | $489,046 | $555,180 | $625,079 | $698,962 | $777,058 | $859,613 |
| Loan-to-Value Ratio | 64.9% | 60.1% | 55.5% | 51.3% | 47.3% | 43.6% | 40.1% | 36.8% | 33.7% | 30.8% |
| Potential Cash-Out Refi | $184,710 | $233,317 | $284,668 | $338,921 | $396,241 | $456,807 | $520,804 | $588,430 | $659,895 | $735,419 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $258,220 | $311,238 | $367,264 | $426,472 | $489,046 | $555,180 | $625,079 | $698,962 | $777,058 | $859,613 |
| - Closing Costs | ($51,457) | ($54,544) | ($57,817) | ($61,286) | ($64,963) | ($68,861) | ($72,993) | ($77,372) | ($82,015) | ($86,935) |
| = Proceeds After Sale | $206,763 | $256,693 | $309,447 | $365,186 | $424,083 | $486,319 | $552,086 | $621,590 | $695,044 | $772,677 |
| + Cumulative Cash Flow | ($272) | $282 | $1,686 | $3,965 | $7,145 | $11,255 | $16,321 | $22,372 | $29,438 | $37,550 |
| - Approximate Cash Invested | ($231,626) | ($231,626) | ($231,626) | ($231,626) | ($231,626) | ($231,626) | ($231,626) | ($231,626) | ($231,626) | ($231,626) |
| = Net Profit | ($25,134) | $25,350 | $79,507 | $137,525 | $199,602 | $265,948 | $336,781 | $412,336 | $492,856 | $578,601 |
| Internal Rate of Return | -10.9% | 5.3% | 10.3% | 12.4% | 13.3% | 13.7% | 13.8% | 13.8% | 13.7% | 13.6% |
| Return on Investment | -10.9% | 10.9% | 34.3% | 59.4% | 86.2% | 114.8% | 145.4% | 178.0% | 212.8% | 249.8% |
*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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