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$20k OFF FOR CASH BUYER
San Tan Valley, AZ 85143
4bd • 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	($1,800)	($1,854)	($1,910)	($1,967)	($2,026)	($2,087)	($2,149)	($2,214)	($2,280)	($2,349)
Insurance	($600)	($618)	($637)	($656)	($675)	($696)	($716)	($738)	($760)	($783)
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	($1,368)	($1,409)	($1,451)	($1,495)	($1,540)	($1,586)	($1,633)	($1,682)	($1,733)	($1,785)
Maintenance	($480)	($494)	($509)	($525)	($540)	($556)	($573)	($590)	($608)	($626)
Other	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	($6,014)	($6,195)	($6,381)	($6,572)	($6,769)	($6,972)	($7,181)	($7,397)	($7,619)	($7,847)

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	$16,066	$16,548	$17,044	$17,555	$18,082	$18,625	$19,183	$19,759	$20,351	$20,962
- Mortgage Payments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
= Cash Flow	$16,066	$16,548	$17,044	$17,555	$18,082	$18,625	$19,183	$19,759	$20,351	$20,962
+ Principal Reduction	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
+ Appreciation	$23,999	$25,439	$26,966	$28,584	$30,299	$32,117	$34,044	$36,086	$38,251	$40,546
= Gross Equity Income	$40,065	$41,987	$44,010	$46,139	$48,381	$50,741	$53,227	$55,845	$58,603	$61,509
Capitalization Rate	3.8%	3.7%	3.6%	3.5%	3.4%	3.3%	3.2%	3.1%	3.0%	2.9%
Cash on Cash Return	4.0%	4.1%	4.2%	4.3%	4.5%	4.6%	4.7%	4.9%	5.0%	5.2%
Return on Equity	9.4%	9.3%	9.2%	9.1%	9.0%	8.9%	8.8%	8.8%	8.7%	8.6%

Loan Analysis	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Market Value	$423,989	$449,429	$476,394	$504,978	$535,277	$567,393	$601,437	$637,523	$675,775	$716,321
- Loan Balance	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
= Equity	$423,989	$449,429	$476,394	$504,978	$535,277	$567,393	$601,437	$637,523	$675,775	$716,321
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	$381,590	$404,486	$428,755	$454,480	$481,749	$510,654	$541,293	$573,771	$608,197	$644,689

Sale Analysis	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Equity	$423,989	$449,429	$476,394	$504,978	$535,277	$567,393	$601,437	$637,523	$675,775	$716,321
- Closing Costs	($29,679)	($31,460)	($33,348)	($35,348)	($37,469)	($39,718)	($42,101)	($44,627)	($47,304)	($50,142)
= Proceeds After Sale	$394,310	$417,969	$443,047	$469,630	$497,807	$527,676	$559,336	$592,897	$628,470	$666,179
+ Cumulative Cash Flow	$16,066	$32,613	$49,657	$67,213	$85,295	$103,919	$123,103	$142,861	$163,213	$184,175
- Approximate Cash Invested	($403,990)	($403,990)	($403,990)	($403,990)	($403,990)	($403,990)	($403,990)	($403,990)	($403,990)	($403,990)
= Net Profit	$6,386	$46,592	$88,714	$132,853	$179,112	$227,605	$278,449	$331,768	$387,693	$446,364
Internal Rate of Return	1.6%	5.7%	7.1%	7.8%	8.1%	8.4%	8.5%	8.7%	8.7%	8.8%
Return on Investment	1.6%	11.5%	22.0%	32.9%	44.3%	56.3%	68.9%	82.1%	96.0%	110.5%

*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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