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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 | $33,600 | $34,608 | $35,646 | $36,716 | $37,817 | $38,952 | $40,120 | $41,324 | $42,563 | $43,840 |
| Vacancy Losses | ($2,688) | ($2,769) | ($2,852) | ($2,937) | ($3,025) | ($3,116) | ($3,210) | ($3,306) | ($3,405) | ($3,507) |
| Operating Income | $30,912 | $31,839 | $32,795 | $33,778 | $34,792 | $35,835 | $36,911 | $38,018 | $39,158 | $40,333 |
| 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 | ($672) | ($692) | ($713) | ($734) | ($756) | ($779) | ($802) | ($826) | ($851) | ($877) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,802) | ($4,946) | ($5,094) | ($5,247) | ($5,404) | ($5,566) | ($5,733) | ($5,905) | ($6,083) | ($6,265) |
| 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 | $26,110 | $26,894 | $27,700 | $28,531 | $29,387 | $30,269 | $31,177 | $32,112 | $33,076 | $34,068 |
| - Mortgage Payments | ($22,210) | ($22,210) | ($22,210) | ($22,210) | ($22,210) | ($22,210) | ($22,210) | ($22,210) | ($22,210) | ($22,210) |
| = Cash Flow | $3,900 | $4,684 | $5,491 | $6,322 | $7,178 | $8,059 | $8,967 | $9,903 | $10,866 | $11,858 |
| + Principal Reduction | $6,847 | $7,126 | $7,415 | $7,716 | $8,030 | $8,356 | $8,696 | $9,049 | $9,417 | $9,800 |
| + Appreciation | $33,269 | $35,266 | $37,381 | $39,624 | $42,002 | $44,522 | $47,193 | $50,025 | $53,026 | $56,208 |
| = Gross Equity Income | $44,017 | $47,075 | $50,287 | $53,662 | $57,209 | $60,937 | $64,856 | $68,977 | $73,309 | $77,866 |
| Capitalization Rate | 4.4% | 4.3% | 4.2% | 4.1% | 4.0% | 3.8% | 3.7% | 3.6% | 3.5% | 3.4% |
| Cash on Cash Return | 2.1% | 2.5% | 3.0% | 3.4% | 3.9% | 4.4% | 4.8% | 5.3% | 5.9% | 6.4% |
| Return on Equity | 21.3% | 18.9% | 17.1% | 15.7% | 14.6% | 13.7% | 13.0% | 12.3% | 11.8% | 11.3% |
| 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 | ($381,296) | ($374,170) | ($366,755) | ($359,039) | ($351,009) | ($342,652) | ($333,957) | ($324,907) | ($315,490) | ($305,691) |
| = Equity | $206,464 | $248,855 | $293,651 | $340,992 | $391,024 | $443,902 | $499,791 | $558,866 | $621,309 | $687,317 |
| 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 | $147,688 | $186,552 | $227,611 | $270,989 | $316,821 | $365,247 | $416,417 | $470,488 | $527,629 | $588,016 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $206,464 | $248,855 | $293,651 | $340,992 | $391,024 | $443,902 | $499,791 | $558,866 | $621,309 | $687,317 |
| - 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 | $165,320 | $205,243 | $247,423 | $291,990 | $339,082 | $388,843 | $441,429 | $497,001 | $555,733 | $617,806 |
| + Cumulative Cash Flow | $3,900 | $8,584 | $14,075 | $20,396 | $27,574 | $35,633 | $44,600 | $54,503 | $65,369 | $77,227 |
| - 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 | ($15,979) | $28,628 | $76,298 | $127,187 | $181,456 | $239,277 | $300,830 | $366,305 | $435,902 | $509,833 |
| Internal Rate of Return | -8.6% | 7.5% | 12.4% | 14.3% | 15.1% | 15.4% | 15.5% | 15.4% | 15.3% | 15.1% |
| Return on Investment | -8.6% | 15.5% | 41.2% | 68.7% | 98.0% | 129.2% | 162.4% | 197.8% | 235.4% | 275.3% |
*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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