Financed
San Tan Valley, AZ 85140
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 | $24,000 | $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 | ($1,492) | ($1,537) | ($1,583) | ($1,630) | ($1,679) | ($1,730) | ($1,781) | ($1,835) | ($1,890) | ($1,947) |
| Insurance | ($746) | ($768) | ($791) | ($815) | ($840) | ($865) | ($891) | ($917) | ($945) | ($973) |
| 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 | ($1,020) | ($1,051) | ($1,082) | ($1,115) | ($1,148) | ($1,182) | ($1,218) | ($1,254) | ($1,292) | ($1,331) |
| Maintenance | ($480) | ($494) | ($509) | ($525) | ($540) | ($556) | ($573) | ($590) | ($608) | ($626) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($3,738) | ($3,850) | ($3,966) | ($4,085) | ($4,207) | ($4,333) | ($4,463) | ($4,597) | ($4,735) | ($4,877) |
| 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 | $18,342 | $18,892 | $19,459 | $20,043 | $20,644 | $21,263 | $21,901 | $22,558 | $23,235 | $23,932 |
| - Mortgage Payments | ($16,318) | ($16,318) | ($16,318) | ($16,318) | ($16,318) | ($16,318) | ($16,318) | ($16,318) | ($16,318) | ($16,318) |
| = Cash Flow | $2,024 | $2,574 | $3,141 | $3,725 | $4,326 | $4,945 | $5,583 | $6,240 | $6,917 | $7,614 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $22,379 | $23,722 | $25,145 | $26,654 | $28,253 | $29,949 | $31,746 | $33,650 | $35,669 | $37,810 |
| = Gross Equity Income | $24,403 | $26,296 | $28,286 | $30,379 | $32,579 | $34,894 | $37,329 | $39,890 | $42,586 | $45,423 |
| Capitalization Rate | 4.6% | 4.5% | 4.4% | 4.3% | 4.1% | 4.0% | 3.9% | 3.8% | 3.7% | 3.6% |
| Cash on Cash Return | 1.7% | 2.1% | 2.6% | 3.1% | 3.6% | 4.1% | 4.6% | 5.2% | 5.7% | 6.3% |
| Return on Equity | 18.2% | 16.6% | 15.4% | 14.5% | 13.7% | 13.0% | 12.5% | 12.0% | 11.5% | 11.2% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $395,369 | $419,092 | $444,237 | $470,891 | $499,145 | $529,093 | $560,839 | $594,489 | $630,159 | $667,968 |
| - Loan Balance | ($261,093) | ($261,093) | ($261,093) | ($261,093) | ($261,093) | ($261,093) | ($261,093) | ($261,093) | ($261,093) | ($261,093) |
| = Equity | $134,276 | $157,999 | $183,144 | $209,798 | $238,052 | $268,000 | $299,746 | $333,396 | $369,066 | $406,875 |
| Loan-to-Value Ratio | 66.0% | 62.3% | 58.8% | 55.4% | 52.3% | 49.3% | 46.6% | 43.9% | 41.4% | 39.1% |
| Potential Cash-Out Refi | $94,739 | $116,089 | $138,720 | $162,709 | $188,137 | $215,091 | $243,662 | $273,947 | $306,050 | $340,078 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $134,276 | $157,999 | $183,144 | $209,798 | $238,052 | $268,000 | $299,746 | $333,396 | $369,066 | $406,875 |
| - Closing Costs | ($27,676) | ($29,336) | ($31,097) | ($32,962) | ($34,940) | ($37,037) | ($39,259) | ($41,614) | ($44,111) | ($46,758) |
| = Proceeds After Sale | $106,601 | $128,662 | $152,047 | $176,836 | $203,112 | $230,964 | $260,487 | $291,782 | $324,955 | $360,118 |
| + Cumulative Cash Flow | $2,024 | $4,598 | $7,739 | $11,463 | $15,789 | $20,734 | $26,317 | $32,557 | $39,474 | $47,088 |
| - Approximate Cash Invested | ($120,849) | ($120,849) | ($120,849) | ($120,849) | ($120,849) | ($120,849) | ($120,849) | ($120,849) | ($120,849) | ($120,849) |
| = Net Profit | ($12,224) | $12,411 | $38,937 | $67,450 | $98,052 | $130,849 | $165,956 | $203,491 | $243,580 | $286,357 |
| Internal Rate of Return | -10.1% | 5.0% | 9.9% | 12.0% | 13.0% | 13.5% | 13.7% | 13.8% | 13.8% | 13.7% |
| Return on Investment | -10.1% | 10.3% | 32.2% | 55.8% | 81.1% | 108.3% | 137.3% | 168.4% | 201.6% | 237.0% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.