Finance - Growing area near TSMC
Surprise, AZ 85387
3bd • 2ba • Built: 2025
Rent range: $1900 - $2100
| Estimated Square Feet | 1,400 | | Initial Market Value | $384,490 | | Price | $384,490 | | Downpayment | $115,347 | | Loan Origination Fees | $5,383 | | Depreciable Closing Costs | $3,845 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $124,575 | | Cost per Square Foot / per Bedroom | $275 / $128,163 | | Monthly Rent per SQFT / per Bedroom | $1.43 / $667 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,000 | $24,000 | | Vacancy Losses | ($160) | ($1,920) | | Operating Income | $1,840 | $22,080 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($128) | ($1,538) | | Insurance | ($64) | ($769) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($149) | ($1,788) | | Maintenance | ($40) | ($480) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($381) | ($4,575) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,459 | $17,505 | | - Mortgage Payments | ($1,458) | ($17,494) | | = Cash Flow | $1 | $11 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $673 | $8,074 | | + One Year Appreciation | $1,922 | $23,069 | | = Gross Equity Income | $2,596 | $31,154 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | N/A | | Loan Amount | $269,143 | N/A | | Monthly Payment | $1,457.86 | N/A | | Loan Type | Interest Only Fixed | N/A | | Term | 10 Years | N/A | | Nominal / Real Interest Rate | 6.500% / 3.500% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.5% | | Debt Coverage Ratio | 1.00 | | Annual Gross Rent Multiplier | 16 | | Capitalization Rate | 4.6% | | Cash on Cash Return | 0% | | Return on Investment | 19% | | Return on Investment with IIDD | 25% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6.0% | | Projected Inflation Rate | 3.0% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 2% |
| Comments |
|---|
| Internet included, Community pool, fire pit, BBQ island (in pool area), Tot lot with ramada, Half basketball court, Corn hole, BBQ grills. $364,490 cash price. |
*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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