Office Park
Texas
6bd • 6ba • Built: 2026
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $156,240 | $160,927 | $165,755 | $170,728 | $175,849 | $181,125 | $186,559 | $192,155 | $197,920 | $203,858 |
| Vacancy Losses | ($12,499) | ($12,874) | ($13,260) | ($13,658) | ($14,068) | ($14,490) | ($14,925) | ($15,372) | ($15,834) | ($16,309) |
| Operating Income | $143,741 | $148,053 | $152,495 | $157,069 | $161,782 | $166,635 | $171,634 | $176,783 | $182,087 | $187,549 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($8,486) | ($8,800) | ($9,126) | ($9,464) | ($9,814) | ($10,177) | ($10,553) | ($10,944) | ($11,349) | ($11,769) |
| Insurance | ($12,730) | ($13,201) | ($13,689) | ($14,196) | ($14,721) | ($15,265) | ($15,830) | ($16,416) | ($17,023) | ($17,653) |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Maintenance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($21,216) | ($22,001) | ($22,815) | ($23,659) | ($24,535) | ($25,442) | ($26,384) | ($27,360) | ($28,372) | ($29,422) |
| 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 | $122,525 | $126,052 | $129,680 | $133,410 | $137,247 | $141,193 | $145,250 | $149,423 | $153,714 | $158,127 |
| - Mortgage Payments | ($112,576) | ($112,576) | ($112,576) | ($112,576) | ($112,576) | ($112,576) | ($112,576) | ($112,576) | ($112,576) | ($112,576) |
| = Cash Flow | $9,948 | $13,476 | $17,103 | $20,834 | $24,671 | $28,616 | $32,674 | $36,847 | $41,138 | $45,551 |
| + Principal Reduction | $21,583 | $23,086 | $24,693 | $26,412 | $28,251 | $30,218 | $32,322 | $34,573 | $36,980 | $39,555 |
| + Appreciation | $106,080 | $111,384 | $116,953 | $122,801 | $128,941 | $135,388 | $142,157 | $149,265 | $156,728 | $164,565 |
| = Gross Equity Income | $137,611 | $147,945 | $158,749 | $170,047 | $181,863 | $194,223 | $207,154 | $220,685 | $234,847 | $249,671 |
| Capitalization Rate | 5.5% | 5.4% | 5.3% | 5.2% | 5.1% | 5.0% | 4.9% | 4.8% | 4.7% | 4.6% |
| Cash on Cash Return | 1.2% | 1.6% | 2.1% | 2.6% | 3.0% | 3.5% | 4.0% | 4.5% | 5.0% | 5.6% |
| Return on Equity | 15.4% | 14.4% | 13.6% | 12.9% | 12.3% | 11.8% | 11.4% | 11.0% | 10.7% | 10.4% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $2,227,680 | $2,339,064 | $2,456,017 | $2,578,818 | $2,707,759 | $2,843,147 | $2,985,304 | $3,134,569 | $3,291,298 | $3,455,863 |
| - Loan Balance | ($1,336,241) | ($1,313,156) | ($1,288,463) | ($1,262,050) | ($1,233,799) | ($1,203,581) | ($1,171,258) | ($1,136,685) | ($1,099,705) | ($1,060,150) |
| = Equity | $891,439 | $1,025,908 | $1,167,555 | $1,316,768 | $1,473,960 | $1,639,566 | $1,814,046 | $1,997,884 | $2,191,593 | $2,395,713 |
| Loan-to-Value Ratio | 60.0% | 56.1% | 52.5% | 48.9% | 45.6% | 42.3% | 39.2% | 36.3% | 33.4% | 30.7% |
| Potential Cash-Out Refi | $668,671 | $792,002 | $921,953 | $1,058,886 | $1,203,184 | $1,355,252 | $1,515,516 | $1,684,427 | $1,862,463 | $2,050,127 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $891,439 | $1,025,908 | $1,167,555 | $1,316,768 | $1,473,960 | $1,639,566 | $1,814,046 | $1,997,884 | $2,191,593 | $2,395,713 |
| - Closing Costs | ($155,938) | ($163,734) | ($171,921) | ($180,517) | ($189,543) | ($199,020) | ($208,971) | ($219,420) | ($230,391) | ($241,910) |
| = Proceeds After Sale | $735,501 | $862,174 | $995,633 | $1,136,250 | $1,284,417 | $1,440,546 | $1,605,075 | $1,778,464 | $1,961,202 | $2,153,803 |
| + Cumulative Cash Flow | $9,948 | $23,424 | $40,527 | $61,361 | $86,032 | $114,648 | $147,322 | $184,169 | $225,307 | $270,858 |
| - Approximate Cash Invested | ($816,816) | ($816,816) | ($816,816) | ($816,816) | ($816,816) | ($816,816) | ($816,816) | ($816,816) | ($816,816) | ($816,816) |
| = Net Profit | ($71,366) | $68,782 | $219,345 | $380,796 | $553,633 | $738,378 | $935,581 | $1,145,818 | $1,369,693 | $1,607,845 |
| Internal Rate of Return | -8.7% | 4.1% | 8.4% | 10.2% | 11.2% | 11.7% | 11.9% | 12.1% | 12.1% | 12.1% |
| Return on Investment | -8.7% | 8.4% | 26.9% | 46.6% | 67.8% | 90.4% | 114.5% | 140.3% | 167.7% | 196.8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.