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New construction includes bonus studio
San Tan Valley, AZ 85143
4 bedrooms 3 bathrooms 2025 year built
Rent range $2500-$2700
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $31,200 | $32,136 | $33,100 | $34,093 | $35,116 | $36,169 | $37,254 | $38,372 | $39,523 | $40,709 |
| Vacancy Losses | ($2,496) | ($2,571) | ($2,648) | ($2,727) | ($2,809) | ($2,894) | ($2,980) | ($3,070) | ($3,162) | ($3,257) |
| Operating Income | $28,704 | $29,565 | $30,452 | $31,366 | $32,307 | $33,276 | $34,274 | $35,302 | $36,361 | $37,452 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($1,869) | ($1,925) | ($1,983) | ($2,042) | ($2,103) | ($2,166) | ($2,231) | ($2,298) | ($2,367) | ($2,438) |
| Insurance | ($701) | ($722) | ($743) | ($766) | ($789) | ($812) | ($837) | ($862) | ($888) | ($914) |
| 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 | ($624) | ($643) | ($662) | ($682) | ($702) | ($723) | ($745) | ($767) | ($790) | ($814) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,274) | ($4,402) | ($4,534) | ($4,670) | ($4,810) | ($4,954) | ($5,103) | ($5,256) | ($5,414) | ($5,576) |
| 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 | $24,430 | $25,163 | $25,918 | $26,696 | $27,497 | $28,322 | $29,171 | $30,046 | $30,948 | $31,876 |
| - Mortgage Payments | ($20,050) | ($20,050) | ($20,050) | ($20,050) | ($20,050) | ($20,050) | ($20,050) | ($20,050) | ($20,050) | ($20,050) |
| = Cash Flow | $4,381 | $5,114 | $5,869 | $6,646 | $7,447 | $8,272 | $9,122 | $9,997 | $10,898 | $11,826 |
| + Principal Reduction | $6,181 | $6,432 | $6,694 | $6,966 | $7,249 | $7,544 | $7,850 | $8,169 | $8,501 | $8,847 |
| + Appreciation | $28,031 | $29,713 | $31,496 | $33,386 | $35,389 | $37,512 | $39,763 | $42,149 | $44,678 | $47,358 |
| = Gross Equity Income | $38,593 | $41,259 | $44,059 | $46,998 | $50,085 | $53,328 | $56,735 | $60,315 | $64,077 | $68,032 |
| Capitalization Rate | 4.9% | 4.8% | 4.7% | 4.5% | 4.4% | 4.3% | 4.2% | 4.0% | 3.9% | 3.8% |
| Cash on Cash Return | 3.3% | 3.8% | 4.4% | 5.0% | 5.6% | 6.2% | 6.9% | 7.5% | 8.2% | 8.9% |
| Return on Equity | 25.6% | 22.0% | 19.6% | 17.7% | 16.2% | 15.1% | 14.1% | 13.4% | 12.7% | 12.1% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $495,221 | $524,935 | $556,431 | $589,817 | $625,206 | $662,718 | $702,481 | $744,630 | $789,308 | $836,666 |
| - Loan Balance | ($344,211) | ($337,779) | ($331,085) | ($324,119) | ($316,870) | ($309,326) | ($301,476) | ($293,307) | ($284,806) | ($275,959) |
| = Equity | $151,010 | $187,156 | $225,346 | $265,698 | $308,336 | $353,392 | $401,005 | $451,323 | $504,502 | $560,707 |
| Loan-to-Value Ratio | 69.5% | 64.3% | 59.5% | 55.0% | 50.7% | 46.7% | 42.9% | 39.4% | 36.1% | 33.0% |
| Potential Cash-Out Refi | $101,488 | $134,662 | $169,703 | $206,716 | $245,815 | $287,120 | $330,757 | $376,860 | $425,571 | $477,040 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $151,010 | $187,156 | $225,346 | $265,698 | $308,336 | $353,392 | $401,005 | $451,323 | $504,502 | $560,707 |
| - Closing Costs | ($34,665) | ($36,745) | ($38,950) | ($41,287) | ($43,764) | ($46,390) | ($49,174) | ($52,124) | ($55,252) | ($58,567) |
| = Proceeds After Sale | $116,345 | $150,411 | $186,396 | $224,411 | $264,571 | $307,001 | $351,831 | $399,199 | $449,250 | $502,140 |
| + Cumulative Cash Flow | $4,381 | $9,494 | $15,363 | $22,009 | $29,456 | $37,728 | $46,849 | $56,846 | $67,744 | $79,571 |
| - Approximate Cash Invested | ($133,149) | ($133,149) | ($133,149) | ($133,149) | ($133,149) | ($133,149) | ($133,149) | ($133,149) | ($133,149) | ($133,149) |
| = Net Profit | ($12,424) | $26,756 | $68,610 | $113,270 | $160,878 | $211,580 | $265,531 | $322,896 | $383,845 | $448,562 |
| Internal Rate of Return | -9.3% | 9.7% | 15.3% | 17.3% | 18.0% | 18.2% | 18.1% | 17.9% | 17.6% | 17.4% |
| Return on Investment | -9.3% | 20.1% | 51.5% | 85.1% | 120.8% | 158.9% | 199.4% | 242.5% | 288.3% | 336.9% |
*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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