New Construction Fort Worth
Fort Worth, TX 76104
4bd • 5ba • 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 | $38,400 | $39,552 | $40,739 | $41,961 | $43,220 | $44,516 | $45,852 | $47,227 | $48,644 | $50,103 |
| Vacancy Losses | ($3,072) | ($3,164) | ($3,259) | ($3,357) | ($3,458) | ($3,561) | ($3,668) | ($3,778) | ($3,892) | ($4,008) |
| Operating Income | $35,328 | $36,388 | $37,479 | $38,604 | $39,762 | $40,955 | $42,183 | $43,449 | $44,752 | $46,095 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($8,830) | ($9,095) | ($9,368) | ($9,649) | ($9,939) | ($10,237) | ($10,544) | ($10,860) | ($11,186) | ($11,522) |
| Insurance | ($2,140) | ($2,204) | ($2,270) | ($2,338) | ($2,408) | ($2,480) | ($2,555) | ($2,631) | ($2,710) | ($2,792) |
| Management Fees | ($2,120) | ($2,183) | ($2,249) | ($2,316) | ($2,386) | ($2,457) | ($2,531) | ($2,607) | ($2,685) | ($2,766) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Maintenance | ($768) | ($791) | ($815) | ($839) | ($864) | ($890) | ($917) | ($945) | ($973) | ($1,002) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($13,857) | ($14,273) | ($14,701) | ($15,142) | ($15,597) | ($16,065) | ($16,547) | ($17,043) | ($17,554) | ($18,081) |
| 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 | $21,471 | $22,115 | $22,778 | $23,461 | $24,165 | $24,890 | $25,637 | $26,406 | $27,198 | $28,014 |
| - Mortgage Payments | ($18,773) | ($18,773) | ($18,773) | ($18,773) | ($18,773) | ($18,773) | ($18,773) | ($18,773) | ($18,773) | ($18,773) |
| = Cash Flow | $2,698 | $3,342 | $4,005 | $4,689 | $5,393 | $6,118 | $6,864 | $7,633 | $8,426 | $9,241 |
| + Principal Reduction | $4,312 | $4,532 | $4,764 | $5,007 | $5,263 | $5,531 | $5,814 | $6,110 | $6,422 | $6,750 |
| + Appreciation | $23,340 | $24,740 | $26,225 | $27,798 | $29,466 | $31,234 | $33,108 | $35,095 | $37,200 | $39,432 |
| = Gross Equity Income | $30,350 | $32,615 | $34,994 | $37,494 | $40,121 | $42,883 | $45,786 | $48,839 | $52,048 | $55,424 |
| Capitalization Rate | 5.2% | 5.1% | 4.9% | 4.8% | 4.6% | 4.5% | 4.4% | 4.3% | 4.1% | 4.0% |
| Cash on Cash Return | 2.2% | 2.7% | 3.2% | 3.7% | 4.3% | 4.9% | 5.5% | 6.1% | 6.7% | 7.4% |
| Return on Equity | 24.3% | 21.2% | 18.9% | 17.2% | 15.9% | 14.8% | 13.9% | 13.2% | 12.6% | 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 | $412,340 | $437,080 | $463,305 | $491,104 | $520,570 | $551,804 | $584,912 | $620,007 | $657,207 | $696,640 |
| - Loan Balance | ($287,438) | ($282,906) | ($278,142) | ($273,135) | ($267,873) | ($262,341) | ($256,528) | ($250,417) | ($243,995) | ($237,245) |
| = Equity | $124,902 | $154,175 | $185,163 | $217,968 | $252,697 | $289,463 | $328,384 | $369,590 | $413,212 | $459,395 |
| Loan-to-Value Ratio | 69.7% | 64.7% | 60.0% | 55.6% | 51.5% | 47.5% | 43.9% | 40.4% | 37.1% | 34.1% |
| Potential Cash-Out Refi | $83,668 | $110,467 | $138,833 | $168,858 | $200,640 | $234,282 | $269,893 | $307,589 | $347,492 | $389,731 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $124,902 | $154,175 | $185,163 | $217,968 | $252,697 | $289,463 | $328,384 | $369,590 | $413,212 | $459,395 |
| - Closing Costs | ($28,864) | ($30,596) | ($32,431) | ($34,377) | ($36,440) | ($38,626) | ($40,944) | ($43,400) | ($46,005) | ($48,765) |
| = Proceeds After Sale | $96,038 | $123,579 | $152,732 | $183,591 | $216,257 | $250,836 | $287,441 | $326,189 | $367,208 | $410,630 |
| + Cumulative Cash Flow | $2,698 | $6,040 | $10,045 | $14,734 | $20,127 | $26,244 | $33,108 | $40,742 | $49,167 | $58,409 |
| - Approximate Cash Invested | ($125,453) | ($125,453) | ($125,453) | ($125,453) | ($125,453) | ($125,453) | ($125,453) | ($125,453) | ($125,453) | ($125,453) |
| = Net Profit | ($26,716) | $4,166 | $37,325 | $72,873 | $110,931 | $151,628 | $195,096 | $241,478 | $290,923 | $343,587 |
| Internal Rate of Return | -21.3% | 1.7% | 9.3% | 12.5% | 14.0% | 14.8% | 15.1% | 15.2% | 15.2% | 15.1% |
| Return on Investment | -21.3% | 3.3% | 29.8% | 58.1% | 88.4% | 120.9% | 155.5% | 192.5% | 231.9% | 273.9% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.