💬
×
×

Loading chat...

Business woman on phone

Create a Dynamic Proforma

This is a static proforma. Easily create your own dynamic proformas for FREE at www.PropertyTracker.com.

Business woman on phone

Book Your Free Investment Consultation

Have questions about this property or your strategy? Schedule a quick consultation and we'll walk through next steps together.

×

Schedule a Consultation

Ten Year Performance Projection

STR Near PGA Golf Tourney
Arizona
4bd • 3ba • Built: 1980

Projected IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Projected Rent $102,000$105,060$108,212$111,458$114,802$118,246$121,793$125,447$129,211$133,087
Vacancy Losses ($10,200)($10,506)($10,821)($11,146)($11,480)($11,825)($12,179)($12,545)($12,921)($13,309)
Operating Income $91,800$94,554$97,391$100,312$103,322$106,421$109,614$112,902$116,289$119,778
Estimated ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($3,263)($3,383)($3,508)($3,638)($3,773)($3,912)($4,057)($4,207)($4,363)($4,524)
Insurance($4,350)($4,511)($4,678)($4,851)($5,030)($5,217)($5,410)($5,610)($5,817)($6,033)
Management Fees($18,360)($18,911)($19,478)($20,062)($20,664)($21,284)($21,923)($22,580)($23,258)($23,956)
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($5,100)($5,289)($5,484)($5,687)($5,898)($6,116)($6,342)($6,577)($6,820)($7,073)
Other($14,400)($14,933)($15,485)($16,058)($16,652)($17,269)($17,908)($18,570)($19,257)($19,970)
Operating Expenses ($45,473)($47,026)($48,634)($50,297)($52,018)($53,798)($55,639)($57,544)($59,516)($61,555)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income $46,328$47,528$48,757$50,015$51,304$52,624$53,975$55,358$56,774$58,223
- Mortgage Payments($37,383)($37,383)($37,383)($37,383)($37,383)($37,383)($37,383)($37,383)($37,383)($37,383)
= Cash Flow $8,945$10,145$11,374$12,632$13,921$15,241$16,592$17,975$19,391$20,841
+ Principal Reduction $0$0$0$0$0$0$0$0$0$0
+ Appreciation $36,250$38,063$39,966$41,964$44,062$46,265$48,578$51,007$53,558$56,236
= Gross Equity Income $45,195$48,207$51,339$54,596$57,983$61,506$65,170$68,983$72,949$77,076
Capitalization Rate 6.1%5.9%5.8%5.7%5.5%5.4%5.3%5.2%5.0%4.9%
Cash on Cash Return 4.4%5.0%5.6%6.2%6.9%7.5%8.2%8.9%9.6%10.3%
Return on Equity 20.8%18.9%17.4%16.2%15.2%14.4%13.7%13.1%12.6%12.1%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value $761,250$799,313$839,278$881,242$925,304$971,569$1,020,148$1,071,155$1,124,713$1,180,949
- Loan Balance ($543,750)($543,750)($543,750)($543,750)($543,750)($543,750)($543,750)($543,750)($543,750)($543,750)
= Equity $217,500$255,563$295,528$337,492$381,554$427,819$476,398$527,405$580,963$637,199
Loan-to-Value Ratio 71.4%68.0%64.8%61.7%58.8%56.0%53.3%50.8%48.3%46.0%
Potential Cash-Out Refi $141,375$175,631$211,600$249,368$289,024$330,662$374,383$420,290$468,492$519,104
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity $217,500$255,563$295,528$337,492$381,554$427,819$476,398$527,405$580,963$637,199
- Closing Costs ($53,288)($55,952)($58,749)($61,687)($64,771)($68,010)($71,410)($74,981)($78,730)($82,666)
= Proceeds After Sale $164,213$199,611$236,779$275,805$316,783$359,809$404,987$452,424$502,233$554,532
+ Cumulative Cash Flow $8,945$19,090$30,463$43,096$57,017$72,258$88,850$106,825$126,216$147,057
- Approximate Cash Invested($203,000)($203,000)($203,000)($203,000)($203,000)($203,000)($203,000)($203,000)($203,000)($203,000)
= Net Profit ($29,843)$15,700$64,242$115,901$170,800$229,067$290,837$356,249$425,449$498,589
Internal Rate of Return -14.7%3.9%10.0%12.7%13.9%14.6%14.9%15.1%15.1%15.0%
Return on Investment -14.7%7.7%31.6%57.1%84.1%112.8%143.3%175.5%209.6%245.6%
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Learn How to Read a Performa