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$10k CASH PRICE REDUCTION
Queen Creek , AZ 85142
3 bedrooms 2 bathrooms 2025 year built
Nice Community
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $30,000 | $30,900 | $31,827 | $32,782 | $33,765 | $34,778 | $35,822 | $36,896 | $38,003 | $39,143 |
| Vacancy Losses | ($2,400) | ($2,472) | ($2,546) | ($2,623) | ($2,701) | ($2,782) | ($2,866) | ($2,952) | ($3,040) | ($3,131) |
| Operating Income | $27,600 | $28,428 | $29,281 | $30,159 | $31,064 | $31,996 | $32,956 | $33,945 | $34,963 | $36,012 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($2,769) | ($2,852) | ($2,937) | ($3,025) | ($3,116) | ($3,209) | ($3,306) | ($3,405) | ($3,507) | ($3,612) |
| Insurance | ($1,154) | ($1,188) | ($1,224) | ($1,261) | ($1,298) | ($1,337) | ($1,377) | ($1,419) | ($1,461) | ($1,505) |
| Management Fees | ($1,032) | ($1,063) | ($1,095) | ($1,128) | ($1,162) | ($1,196) | ($1,232) | ($1,269) | ($1,307) | ($1,347) |
| 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 | ($600) | ($618) | ($637) | ($656) | ($675) | ($696) | ($716) | ($738) | ($760) | ($783) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($7,342) | ($7,562) | ($7,789) | ($8,023) | ($8,264) | ($8,511) | ($8,767) | ($9,030) | ($9,301) | ($9,580) |
| 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 | $20,258 | $20,866 | $21,492 | $22,136 | $22,800 | $23,485 | $24,189 | $24,915 | $25,662 | $26,432 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $20,258 | $20,866 | $21,492 | $22,136 | $22,800 | $23,485 | $24,189 | $24,915 | $25,662 | $26,432 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $27,685 | $29,346 | $31,107 | $32,973 | $34,952 | $37,049 | $39,272 | $41,628 | $44,126 | $46,773 |
| = Gross Equity Income | $47,943 | $50,212 | $52,599 | $55,110 | $57,752 | $60,533 | $63,461 | $66,543 | $69,788 | $73,205 |
| 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% | 4.5% | 4.6% | 4.7% | 4.9% | 5.0% | 5.2% | 5.3% | 5.5% | 5.7% |
| Return on Equity | 9.8% | 9.7% | 9.6% | 9.5% | 9.4% | 9.2% | 9.1% | 9.0% | 9.0% | 8.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $489,104 | $518,450 | $549,557 | $582,531 | $617,483 | $654,532 | $693,804 | $735,432 | $779,558 | $826,331 |
| - Loan Balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $489,104 | $518,450 | $549,557 | $582,531 | $617,483 | $654,532 | $693,804 | $735,432 | $779,558 | $826,331 |
| 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 | $440,194 | $466,605 | $494,602 | $524,278 | $555,734 | $589,079 | $624,423 | $661,889 | $701,602 | $743,698 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $489,104 | $518,450 | $549,557 | $582,531 | $617,483 | $654,532 | $693,804 | $735,432 | $779,558 | $826,331 |
| - Closing Costs | ($34,237) | ($36,292) | ($38,469) | ($40,777) | ($43,224) | ($45,817) | ($48,566) | ($51,480) | ($54,569) | ($57,843) |
| = Proceeds After Sale | $454,867 | $482,159 | $511,088 | $541,754 | $574,259 | $608,714 | $645,237 | $683,952 | $724,989 | $768,488 |
| + Cumulative Cash Flow | $20,258 | $41,124 | $62,615 | $84,752 | $107,552 | $131,037 | $155,226 | $180,140 | $205,803 | $232,235 |
| - Approximate Cash Invested | ($466,033) | ($466,033) | ($466,033) | ($466,033) | ($466,033) | ($466,033) | ($466,033) | ($466,033) | ($466,033) | ($466,033) |
| = Net Profit | $9,092 | $57,249 | $107,670 | $160,472 | $215,778 | $273,718 | $334,430 | $398,059 | $464,758 | $534,689 |
| Internal Rate of Return | 2.0% | 6.1% | 7.5% | 8.1% | 8.5% | 8.7% | 8.9% | 9.0% | 9.1% | 9.1% |
| Return on Investment | 2.0% | 12.3% | 23.1% | 34.4% | 46.3% | 58.7% | 71.8% | 85.4% | 99.7% | 114.7% |
*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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