Cash - Phoenix
Phoenix, AZ 85037
3bd • 2.5ba • Built: 2026
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $26,400 | $27,192 | $28,008 | $28,848 | $29,713 | $30,605 | $31,523 | $32,469 | $33,443 | $34,446 |
| Vacancy Losses | ($2,112) | ($2,175) | ($2,241) | ($2,308) | ($2,377) | ($2,448) | ($2,522) | ($2,597) | ($2,675) | ($2,756) |
| Operating Income | $24,288 | $25,017 | $25,767 | $26,540 | $27,336 | $28,156 | $29,001 | $29,871 | $30,767 | $31,690 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($1,813) | ($1,867) | ($1,923) | ($1,981) | ($2,040) | ($2,102) | ($2,165) | ($2,229) | ($2,296) | ($2,365) |
| Insurance | ($604) | ($622) | ($641) | ($660) | ($680) | ($701) | ($722) | ($743) | ($765) | ($788) |
| Management Fees | ($1,943) | ($2,001) | ($2,061) | ($2,123) | ($2,187) | ($2,253) | ($2,320) | ($2,390) | ($2,461) | ($2,535) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($2,388) | ($2,460) | ($2,533) | ($2,609) | ($2,688) | ($2,768) | ($2,851) | ($2,937) | ($3,025) | ($3,116) |
| Maintenance | ($528) | ($544) | ($560) | ($577) | ($594) | ($612) | ($630) | ($649) | ($669) | ($689) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($7,276) | ($7,494) | ($7,719) | ($7,951) | ($8,189) | ($8,435) | ($8,688) | ($8,949) | ($9,217) | ($9,494) |
| 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 | $17,012 | $17,522 | $18,048 | $18,589 | $19,147 | $19,721 | $20,313 | $20,923 | $21,550 | $22,197 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $17,012 | $17,522 | $18,048 | $18,589 | $19,147 | $19,721 | $20,313 | $20,923 | $21,550 | $22,197 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $24,170 | $25,621 | $27,158 | $28,787 | $30,515 | $32,345 | $34,286 | $36,343 | $38,524 | $40,835 |
| = Gross Equity Income | $41,182 | $43,143 | $45,206 | $47,377 | $49,662 | $52,067 | $54,599 | $57,266 | $60,074 | $63,032 |
| Capitalization Rate | 4.0% | 3.9% | 3.8% | 3.7% | 3.6% | 3.5% | 3.4% | 3.3% | 3.2% | 3.1% |
| Cash on Cash Return | 4.2% | 4.3% | 4.4% | 4.6% | 4.7% | 4.8% | 5.0% | 5.1% | 5.3% | 5.5% |
| Return on Equity | 9.6% | 9.5% | 9.4% | 9.3% | 9.2% | 9.1% | 9.0% | 8.9% | 8.8% | 8.7% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $427,010 | $452,631 | $479,789 | $508,576 | $539,091 | $571,436 | $605,722 | $642,066 | $680,590 | $721,425 |
| - Loan Balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $427,010 | $452,631 | $479,789 | $508,576 | $539,091 | $571,436 | $605,722 | $642,066 | $680,590 | $721,425 |
| 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 | $384,309 | $407,368 | $431,810 | $457,719 | $485,182 | $514,293 | $545,150 | $577,859 | $612,531 | $649,283 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $427,010 | $452,631 | $479,789 | $508,576 | $539,091 | $571,436 | $605,722 | $642,066 | $680,590 | $721,425 |
| - Closing Costs | ($29,891) | ($31,684) | ($33,585) | ($35,600) | ($37,736) | ($40,001) | ($42,401) | ($44,945) | ($47,641) | ($50,500) |
| = Proceeds After Sale | $397,120 | $420,947 | $446,204 | $472,976 | $501,354 | $531,436 | $563,322 | $597,121 | $632,948 | $670,925 |
| + Cumulative Cash Flow | $17,012 | $34,534 | $52,582 | $71,172 | $90,319 | $110,040 | $130,353 | $151,276 | $172,826 | $195,023 |
| - Approximate Cash Invested | ($406,868) | ($406,868) | ($406,868) | ($406,868) | ($406,868) | ($406,868) | ($406,868) | ($406,868) | ($406,868) | ($406,868) |
| = Net Profit | $7,263 | $48,613 | $91,917 | $137,279 | $184,805 | $234,607 | $286,807 | $341,528 | $398,906 | $459,080 |
| Internal Rate of Return | 1.8% | 5.9% | 7.3% | 8.0% | 8.3% | 8.6% | 8.7% | 8.9% | 8.9% | 9.0% |
| Return on Investment | 1.8% | 11.9% | 22.6% | 33.7% | 45.4% | 57.7% | 70.5% | 83.9% | 98.0% | 112.8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.