Cash - Growing area near TSMC
Surprise, AZ 85387
3bd • 2ba • Built: 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 | $24,000 | $24,720 | $25,462 | $26,225 | $27,012 | $27,823 | $28,657 | $29,517 | $30,402 | $31,315 |
| Vacancy Losses | ($1,920) | ($1,978) | ($2,037) | ($2,098) | ($2,161) | ($2,226) | ($2,293) | ($2,361) | ($2,432) | ($2,505) |
| Operating Income | $22,080 | $22,742 | $23,425 | $24,127 | $24,851 | $25,597 | $26,365 | $27,156 | $27,970 | $28,809 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($1,640) | ($1,689) | ($1,740) | ($1,792) | ($1,846) | ($1,901) | ($1,958) | ($2,017) | ($2,078) | ($2,140) |
| Insurance | ($547) | ($563) | ($580) | ($597) | ($615) | ($634) | ($653) | ($672) | ($693) | ($713) |
| Management Fees | ($1,766) | ($1,819) | ($1,874) | ($1,930) | ($1,988) | ($2,048) | ($2,109) | ($2,172) | ($2,238) | ($2,305) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($1,788) | ($1,842) | ($1,897) | ($1,954) | ($2,012) | ($2,073) | ($2,135) | ($2,199) | ($2,265) | ($2,333) |
| Maintenance | ($480) | ($494) | ($509) | ($525) | ($540) | ($556) | ($573) | ($590) | ($608) | ($626) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,221) | ($6,408) | ($6,600) | ($6,798) | ($7,002) | ($7,212) | ($7,429) | ($7,651) | ($7,881) | ($8,117) |
| 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 | $15,859 | $16,334 | $16,824 | $17,329 | $17,849 | $18,385 | $18,936 | $19,504 | $20,089 | $20,692 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $15,859 | $16,334 | $16,824 | $17,329 | $17,849 | $18,385 | $18,936 | $19,504 | $20,089 | $20,692 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $21,869 | $23,182 | $24,572 | $26,047 | $27,610 | $29,266 | $31,022 | $32,883 | $34,857 | $36,948 |
| = Gross Equity Income | $37,728 | $39,516 | $41,397 | $43,376 | $45,459 | $47,651 | $49,958 | $52,388 | $54,946 | $57,640 |
| Capitalization Rate | 4.1% | 4.0% | 3.9% | 3.8% | 3.7% | 3.6% | 3.5% | 3.4% | 3.3% | 3.2% |
| Cash on Cash Return | 4.3% | 4.4% | 4.6% | 4.7% | 4.8% | 5.0% | 5.1% | 5.3% | 5.5% | 5.6% |
| Return on Equity | 9.8% | 9.6% | 9.5% | 9.4% | 9.3% | 9.2% | 9.1% | 9.0% | 8.9% | 8.8% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $386,359 | $409,541 | $434,113 | $460,160 | $487,770 | $517,036 | $548,058 | $580,942 | $615,798 | $652,746 |
| - Loan Balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $386,359 | $409,541 | $434,113 | $460,160 | $487,770 | $517,036 | $548,058 | $580,942 | $615,798 | $652,746 |
| Loan-to-Value Ratio | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Potential Cash-Out Refi | $347,723 | $368,587 | $390,702 | $414,144 | $438,993 | $465,332 | $493,252 | $522,848 | $554,218 | $587,471 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $386,359 | $409,541 | $434,113 | $460,160 | $487,770 | $517,036 | $548,058 | $580,942 | $615,798 | $652,746 |
| - Closing Costs | ($27,045) | ($28,668) | ($30,388) | ($32,211) | ($34,144) | ($36,193) | ($38,364) | ($40,666) | ($43,106) | ($45,692) |
| = Proceeds After Sale | $359,314 | $380,873 | $403,725 | $427,949 | $453,626 | $480,844 | $509,694 | $540,276 | $572,692 | $607,054 |
| + Cumulative Cash Flow | $15,859 | $32,193 | $49,018 | $66,347 | $84,196 | $102,580 | $121,516 | $141,021 | $161,110 | $181,802 |
| - Approximate Cash Invested | ($368,135) | ($368,135) | ($368,135) | ($368,135) | ($368,135) | ($368,135) | ($368,135) | ($368,135) | ($368,135) | ($368,135) |
| = Net Profit | $7,038 | $44,931 | $84,608 | $126,161 | $169,687 | $215,289 | $263,076 | $313,161 | $365,667 | $420,721 |
| Internal Rate of Return | 1.9% | 6.0% | 7.4% | 8.1% | 8.5% | 8.7% | 8.9% | 9.0% | 9.0% | 9.1% |
| Return on Investment | 1.9% | 12.2% | 23.0% | 34.3% | 46.1% | 58.5% | 71.5% | 85.1% | 99.3% | 114.3% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.