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New Construction includes bonus studio
San Tan Valley, AZ 85143
4 bedrooms 3 bathrooms 2025 year built
Rent range $2600-$2900
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $32,400 | $33,372 | $34,373 | $35,404 | $36,466 | $37,560 | $38,687 | $39,848 | $41,043 | $42,275 |
| Vacancy Losses | ($2,592) | ($2,670) | ($2,750) | ($2,832) | ($2,917) | ($3,005) | ($3,095) | ($3,188) | ($3,283) | ($3,382) |
| Operating Income | $29,808 | $30,702 | $31,623 | $32,572 | $33,549 | $34,556 | $35,592 | $36,660 | $37,760 | $38,893 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($2,218) | ($2,284) | ($2,353) | ($2,424) | ($2,496) | ($2,571) | ($2,648) | ($2,728) | ($2,810) | ($2,894) |
| Insurance | ($832) | ($857) | ($882) | ($909) | ($936) | ($964) | ($993) | ($1,023) | ($1,054) | ($1,085) |
| 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 | ($648) | ($667) | ($687) | ($708) | ($729) | ($751) | ($774) | ($797) | ($821) | ($845) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,778) | ($4,921) | ($5,069) | ($5,221) | ($5,377) | ($5,539) | ($5,705) | ($5,876) | ($6,052) | ($6,234) |
| 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 | $25,030 | $25,781 | $26,555 | $27,351 | $28,172 | $29,017 | $29,887 | $30,784 | $31,708 | $32,659 |
| - Mortgage Payments | ($25,229) | ($25,229) | ($25,229) | ($25,229) | ($25,229) | ($25,229) | ($25,229) | ($25,229) | ($25,229) | ($25,229) |
| = Cash Flow | ($199) | $552 | $1,325 | $2,122 | $2,943 | $3,788 | $4,658 | $5,555 | $6,478 | $7,430 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $33,269 | $35,266 | $37,381 | $39,624 | $42,002 | $44,522 | $47,193 | $50,025 | $53,026 | $56,208 |
| = Gross Equity Income | $33,070 | $35,817 | $38,707 | $41,746 | $44,944 | $48,310 | $51,851 | $55,580 | $59,505 | $63,638 |
| Capitalization Rate | 4.3% | 4.1% | 4.0% | 3.9% | 3.8% | 3.7% | 3.6% | 3.5% | 3.4% | 3.3% |
| Cash on Cash Return | -0.1% | 0.3% | 0.7% | 1.1% | 1.6% | 2.0% | 2.5% | 3.0% | 3.5% | 4.0% |
| Return on Equity | 16.6% | 15.2% | 14.2% | 13.4% | 12.7% | 12.1% | 11.6% | 11.2% | 10.8% | 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 | $587,759 | $623,025 | $660,406 | $700,031 | $742,033 | $786,555 | $833,748 | $883,773 | $936,799 | $993,007 |
| - Loan Balance | ($388,143) | ($388,143) | ($388,143) | ($388,143) | ($388,143) | ($388,143) | ($388,143) | ($388,143) | ($388,143) | ($388,143) |
| = Equity | $199,616 | $234,882 | $272,263 | $311,888 | $353,890 | $398,412 | $445,605 | $495,630 | $548,656 | $604,864 |
| Loan-to-Value Ratio | 66.0% | 62.3% | 58.8% | 55.4% | 52.3% | 49.3% | 46.6% | 43.9% | 41.4% | 39.1% |
| Potential Cash-Out Refi | $140,840 | $172,579 | $206,223 | $241,885 | $279,686 | $319,756 | $362,230 | $407,253 | $454,976 | $505,563 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $199,616 | $234,882 | $272,263 | $311,888 | $353,890 | $398,412 | $445,605 | $495,630 | $548,656 | $604,864 |
| - Closing Costs | ($41,143) | ($43,612) | ($46,228) | ($49,002) | ($51,942) | ($55,059) | ($58,362) | ($61,864) | ($65,576) | ($69,510) |
| = Proceeds After Sale | $158,473 | $191,270 | $226,035 | $262,886 | $301,947 | $343,353 | $387,243 | $433,766 | $483,080 | $535,354 |
| + Cumulative Cash Flow | ($199) | $353 | $1,678 | $3,800 | $6,743 | $10,531 | $15,189 | $20,744 | $27,222 | $34,652 |
| - Approximate Cash Invested | ($185,200) | ($185,200) | ($185,200) | ($185,200) | ($185,200) | ($185,200) | ($185,200) | ($185,200) | ($185,200) | ($185,200) |
| = Net Profit | ($26,925) | $6,424 | $42,514 | $81,486 | $123,491 | $168,684 | $217,232 | $269,310 | $325,103 | $384,806 |
| Internal Rate of Return | -14.5% | 1.7% | 7.1% | 9.6% | 10.8% | 11.5% | 11.8% | 12.0% | 12.1% | 12.1% |
| Return on Investment | -14.5% | 3.5% | 23.0% | 44.0% | 66.7% | 91.1% | 117.3% | 145.4% | 175.5% | 207.8% |
*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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