23 miles from TSCM $165B Facility - Financed
Wittman, 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 | $26,400 | $27,192 | $28,008 | $28,848 | $29,713 | $30,605 | $31,523 | $32,469 | $33,443 | $34,446 |
| Vacancy Losses | ($2,112) | ($2,175) | ($2,241) | ($2,308) | ($2,377) | ($2,448) | ($2,522) | ($2,597) | ($2,675) | ($2,756) |
| Operating Income | $24,288 | $25,017 | $25,767 | $26,540 | $27,336 | $28,156 | $29,001 | $29,871 | $30,767 | $31,690 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($1,560) | ($1,607) | ($1,655) | ($1,705) | ($1,756) | ($1,808) | ($1,863) | ($1,919) | ($1,976) | ($2,035) |
| Insurance | ($780) | ($803) | ($827) | ($852) | ($878) | ($904) | ($931) | ($959) | ($988) | ($1,018) |
| 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 | ($528) | ($544) | ($560) | ($577) | ($594) | ($612) | ($630) | ($649) | ($669) | ($689) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($4,068) | ($4,190) | ($4,316) | ($4,445) | ($4,579) | ($4,716) | ($4,857) | ($5,003) | ($5,153) | ($5,308) |
| 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 | $20,220 | $20,827 | $21,451 | $22,095 | $22,758 | $23,441 | $24,144 | $24,868 | $25,614 | $26,383 |
| - Mortgage Payments | ($19,012) | ($19,012) | ($19,012) | ($19,012) | ($19,012) | ($19,012) | ($19,012) | ($19,012) | ($19,012) | ($19,012) |
| = Cash Flow | $1,208 | $1,815 | $2,440 | $3,083 | $3,746 | $4,429 | $5,132 | $5,856 | $6,602 | $7,371 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $23,399 | $24,803 | $26,292 | $27,869 | $29,541 | $31,314 | $33,192 | $35,184 | $37,295 | $39,533 |
| = Gross Equity Income | $24,608 | $26,618 | $28,731 | $30,952 | $33,287 | $35,742 | $38,324 | $41,040 | $43,897 | $46,903 |
| Capitalization Rate | 4.9% | 4.8% | 4.6% | 4.5% | 4.4% | 4.2% | 4.1% | 4.0% | 3.9% | 3.8% |
| Cash on Cash Return | 1.1% | 1.7% | 2.3% | 2.9% | 3.5% | 4.1% | 4.8% | 5.5% | 6.2% | 6.9% |
| Return on Equity | 20.4% | 18.3% | 16.7% | 15.5% | 14.5% | 13.7% | 13.0% | 12.5% | 12.0% | 11.6% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $413,389 | $438,193 | $464,484 | $492,353 | $521,895 | $553,208 | $586,401 | $621,585 | $658,880 | $698,413 |
| - Loan Balance | ($292,493) | ($292,493) | ($292,493) | ($292,493) | ($292,493) | ($292,493) | ($292,493) | ($292,493) | ($292,493) | ($292,493) |
| = Equity | $120,897 | $145,700 | $171,992 | $199,861 | $229,402 | $260,716 | $293,908 | $329,092 | $366,387 | $405,920 |
| Loan-to-Value Ratio | 70.8% | 66.7% | 63.0% | 59.4% | 56.0% | 52.9% | 49.9% | 47.1% | 44.4% | 41.9% |
| Potential Cash-Out Refi | $79,558 | $101,881 | $125,543 | $150,626 | $177,213 | $205,395 | $235,268 | $266,934 | $300,499 | $336,079 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $120,897 | $145,700 | $171,992 | $199,861 | $229,402 | $260,716 | $293,908 | $329,092 | $366,387 | $405,920 |
| - Closing Costs | ($28,937) | ($30,673) | ($32,514) | ($34,465) | ($36,533) | ($38,725) | ($41,048) | ($43,511) | ($46,122) | ($48,889) |
| = Proceeds After Sale | $91,960 | $115,027 | $139,478 | $165,396 | $192,869 | $221,991 | $252,860 | $285,581 | $320,266 | $357,031 |
| + Cumulative Cash Flow | $1,208 | $3,023 | $5,462 | $8,545 | $12,291 | $16,720 | $21,852 | $27,708 | $34,310 | $41,681 |
| - Approximate Cash Invested | ($107,247) | ($107,247) | ($107,247) | ($107,247) | ($107,247) | ($107,247) | ($107,247) | ($107,247) | ($107,247) | ($107,247) |
| = Net Profit | ($14,080) | $10,802 | $37,693 | $66,694 | $97,913 | $131,464 | $167,465 | $206,042 | $247,329 | $291,465 |
| Internal Rate of Return | -13.1% | 4.9% | 10.7% | 13.1% | 14.2% | 14.7% | 14.9% | 14.9% | 14.9% | 14.8% |
| Return on Investment | -13.1% | 10.1% | 35.1% | 62.2% | 91.3% | 122.6% | 156.1% | 192.1% | 230.6% | 271.8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.