Cash Incentives - Close by end of Aug
Arizona
4bd • 2ba • 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 | $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 | ($1,152) | ($1,195) | ($1,239) | ($1,285) | ($1,332) | ($1,381) | ($1,433) | ($1,486) | ($1,541) | ($1,598) |
| Insurance | ($768) | ($796) | ($826) | ($856) | ($888) | ($921) | ($955) | ($990) | ($1,027) | ($1,065) |
| 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 | ($1,368) | ($1,419) | ($1,471) | ($1,526) | ($1,582) | ($1,641) | ($1,701) | ($1,764) | ($1,829) | ($1,897) |
| Maintenance | ($528) | ($548) | ($568) | ($589) | ($611) | ($633) | ($657) | ($681) | ($706) | ($732) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($3,816) | ($3,957) | ($4,104) | ($4,255) | ($4,413) | ($4,576) | ($4,745) | ($4,921) | ($5,103) | ($5,292) |
| 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 | $20,472 | $21,059 | $21,664 | $22,285 | $22,924 | $23,580 | $24,256 | $24,950 | $25,664 | $26,398 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $20,472 | $21,059 | $21,664 | $22,285 | $22,924 | $23,580 | $24,256 | $24,950 | $25,664 | $26,398 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $23,039 | $24,422 | $25,887 | $27,440 | $29,087 | $30,832 | $32,682 | $34,643 | $36,721 | $38,925 |
| = Gross Equity Income | $43,511 | $45,481 | $47,551 | $49,725 | $52,010 | $54,412 | $56,938 | $59,593 | $62,386 | $65,323 |
| Capitalization Rate | 5.0% | 4.9% | 4.7% | 4.6% | 4.5% | 4.3% | 4.2% | 4.1% | 4.0% | 3.8% |
| Cash on Cash Return | 5.3% | 5.5% | 5.6% | 5.8% | 6.0% | 6.1% | 6.3% | 6.5% | 6.7% | 6.9% |
| Return on Equity | 10.7% | 10.5% | 10.4% | 10.3% | 10.1% | 10.0% | 9.9% | 9.7% | 9.6% | 9.5% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $407,029 | $431,451 | $457,338 | $484,779 | $513,865 | $544,697 | $577,379 | $612,022 | $648,743 | $687,668 |
| - Loan Balance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $407,029 | $431,451 | $457,338 | $484,779 | $513,865 | $544,697 | $577,379 | $612,022 | $648,743 | $687,668 |
| 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 | $366,326 | $388,306 | $411,604 | $436,301 | $462,479 | $490,227 | $519,641 | $550,820 | $583,869 | $618,901 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $407,029 | $431,451 | $457,338 | $484,779 | $513,865 | $544,697 | $577,379 | $612,022 | $648,743 | $687,668 |
| - Closing Costs | ($28,492) | ($30,202) | ($32,014) | ($33,934) | ($35,971) | ($38,129) | ($40,417) | ($42,842) | ($45,412) | ($48,137) |
| = Proceeds After Sale | $378,537 | $401,250 | $425,325 | $450,844 | $477,895 | $506,568 | $536,962 | $569,180 | $603,331 | $639,531 |
| + Cumulative Cash Flow | $20,472 | $41,532 | $63,195 | $85,480 | $108,403 | $131,984 | $156,239 | $181,190 | $206,854 | $233,252 |
| - Approximate Cash Invested | ($383,990) | ($383,990) | ($383,990) | ($383,990) | ($383,990) | ($383,990) | ($383,990) | ($383,990) | ($383,990) | ($383,990) |
| = Net Profit | $15,019 | $58,791 | $104,530 | $152,334 | $202,308 | $254,562 | $309,212 | $366,380 | $426,195 | $488,793 |
| Internal Rate of Return | 3.9% | 7.6% | 8.8% | 9.3% | 9.7% | 9.8% | 10.0% | 10.0% | 10.1% | 10.1% |
| Return on Investment | 3.9% | 15.3% | 27.2% | 39.7% | 52.7% | 66.3% | 80.5% | 95.4% | 111.0% | 127.3% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.