New Construction near TSMC
Surprise, AZ 85361
3bd • 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 | $24,600 | $25,338 | $26,098 | $26,881 | $27,688 | $28,518 | $29,374 | $30,255 | $31,163 | $32,097 |
| Vacancy Losses | ($1,968) | ($2,027) | ($2,088) | ($2,150) | ($2,215) | ($2,281) | ($2,350) | ($2,420) | ($2,493) | ($2,568) |
| Operating Income | $22,632 | $23,311 | $24,010 | $24,731 | $25,473 | $26,237 | $27,024 | $27,835 | $28,670 | $29,530 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($1,624) | ($1,672) | ($1,723) | ($1,774) | ($1,828) | ($1,882) | ($1,939) | ($1,997) | ($2,057) | ($2,119) |
| Insurance | ($812) | ($836) | ($861) | ($887) | ($914) | ($941) | ($969) | ($999) | ($1,028) | ($1,059) |
| 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 | ($1,200) | ($1,236) | ($1,273) | ($1,311) | ($1,351) | ($1,391) | ($1,433) | ($1,476) | ($1,520) | ($1,566) |
| Maintenance | ($492) | ($507) | ($522) | ($538) | ($554) | ($570) | ($587) | ($605) | ($623) | ($642) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,128) | ($4,252) | ($4,379) | ($4,510) | ($4,646) | ($4,785) | ($4,929) | ($5,077) | ($5,229) | ($5,386) |
| 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 | $18,504 | $19,059 | $19,631 | $20,220 | $20,827 | $21,452 | $22,095 | $22,758 | $23,441 | $24,144 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $18,504 | $19,059 | $19,631 | $20,220 | $20,827 | $21,452 | $22,095 | $22,758 | $23,441 | $24,144 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $24,357 | $25,818 | $27,367 | $29,009 | $30,750 | $32,595 | $34,550 | $36,623 | $38,821 | $41,150 |
| = Gross Equity Income | $42,861 | $44,878 | $46,998 | $49,229 | $51,577 | $54,046 | $56,646 | $59,381 | $62,262 | $65,294 |
| Capitalization Rate | 4.3% | 4.2% | 4.1% | 3.9% | 3.8% | 3.7% | 3.6% | 3.5% | 3.4% | 3.3% |
| Cash on Cash Return | 4.5% | 4.6% | 4.8% | 4.9% | 5.1% | 5.2% | 5.4% | 5.6% | 5.7% | 5.9% |
| Return on Equity | 10.0% | 9.8% | 9.7% | 9.6% | 9.5% | 9.4% | 9.3% | 9.2% | 9.1% | 9.0% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $430,302 | $456,120 | $483,487 | $512,496 | $543,246 | $575,841 | $610,391 | $647,015 | $685,836 | $726,986 |
| - Loan Balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $430,302 | $456,120 | $483,487 | $512,496 | $543,246 | $575,841 | $610,391 | $647,015 | $685,836 | $726,986 |
| 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 | $387,272 | $410,508 | $435,138 | $461,247 | $488,921 | $518,257 | $549,352 | $582,313 | $617,252 | $654,287 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $430,302 | $456,120 | $483,487 | $512,496 | $543,246 | $575,841 | $610,391 | $647,015 | $685,836 | $726,986 |
| - Closing Costs | ($30,121) | ($31,928) | ($33,844) | ($35,875) | ($38,027) | ($40,309) | ($42,727) | ($45,291) | ($48,008) | ($50,889) |
| = Proceeds After Sale | $400,181 | $424,191 | $449,643 | $476,621 | $505,219 | $535,532 | $567,664 | $601,724 | $637,827 | $676,097 |
| + Cumulative Cash Flow | $18,504 | $37,564 | $57,195 | $77,415 | $98,242 | $119,694 | $141,789 | $164,547 | $187,987 | $212,131 |
| - Approximate Cash Invested | ($410,004) | ($410,004) | ($410,004) | ($410,004) | ($410,004) | ($410,004) | ($410,004) | ($410,004) | ($410,004) | ($410,004) |
| = Net Profit | $8,680 | $51,751 | $96,833 | $144,032 | $193,456 | $245,221 | $299,448 | $356,266 | $415,810 | $478,224 |
| Internal Rate of Return | 2.1% | 6.3% | 7.6% | 8.3% | 8.7% | 8.9% | 9.1% | 9.2% | 9.2% | 9.3% |
| Return on Investment | 2.1% | 12.6% | 23.6% | 35.1% | 47.2% | 59.8% | 73.0% | 86.9% | 101.4% | 116.6% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.