Nice Area- Two-story Home
Indiana
4bd • 2.5ba • 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 | $28,800 | $29,664 | $30,554 | $31,471 | $32,415 | $33,387 | $34,389 | $35,420 | $36,483 | $37,577 |
| Vacancy Losses | ($2,304) | ($2,373) | ($2,444) | ($2,518) | ($2,593) | ($2,671) | ($2,751) | ($2,834) | ($2,919) | ($3,006) |
| Operating Income | $26,496 | $27,291 | $28,110 | $28,953 | $29,821 | $30,716 | $31,638 | $32,587 | $33,564 | $34,571 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($7,298) | ($7,568) | ($7,848) | ($8,138) | ($8,440) | ($8,752) | ($9,076) | ($9,411) | ($9,760) | ($10,121) |
| Insurance | ($1,642) | ($1,703) | ($1,766) | ($1,831) | ($1,899) | ($1,969) | ($2,042) | ($2,118) | ($2,196) | ($2,277) |
| Management Fees | ($2,120) | ($2,183) | ($2,249) | ($2,316) | ($2,386) | ($2,457) | ($2,531) | ($2,607) | ($2,685) | ($2,766) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($540) | ($560) | ($581) | ($602) | ($624) | ($648) | ($672) | ($696) | ($722) | ($749) |
| Maintenance | ($576) | ($597) | ($619) | ($642) | ($666) | ($691) | ($716) | ($743) | ($770) | ($799) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($12,176) | ($12,611) | ($13,063) | ($13,530) | ($14,015) | ($14,517) | ($15,036) | ($15,575) | ($16,133) | ($16,711) |
| 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 | $14,320 | $14,679 | $15,047 | $15,423 | $15,807 | $16,200 | $16,601 | $17,012 | $17,431 | $17,860 |
| - Mortgage Payments | ($15,079) | ($15,079) | ($15,079) | ($15,079) | ($15,079) | ($15,079) | ($15,079) | ($19,150) | ($19,150) | ($19,150) |
| = Cash Flow | ($758) | ($399) | ($32) | $344 | $728 | $1,121 | $1,522 | ($2,138) | ($1,719) | ($1,290) |
| + Principal Reduction | $4,306 | $4,493 | $4,688 | $4,891 | $5,103 | $5,324 | $5,554 | $7,728 | $8,144 | $8,581 |
| + Appreciation | $18,245 | $19,157 | $20,115 | $21,121 | $22,177 | $23,286 | $24,450 | $25,673 | $26,956 | $28,304 |
| = Gross Equity Income | $21,793 | $23,251 | $24,771 | $26,355 | $28,008 | $29,730 | $31,527 | $31,262 | $33,381 | $35,595 |
| Capitalization Rate | 3.7% | 3.6% | 3.6% | 3.5% | 3.4% | 3.3% | 3.2% | 3.2% | 3.1% | 3.0% |
| Cash on Cash Return | -0.6% | -0.3% | 0.0% | 0.3% | 0.6% | 0.9% | 1.2% | -1.7% | -1.4% | -1.0% |
| Return on Equity | 16.5% | 14.9% | 13.7% | 12.8% | 12.0% | 11.3% | 10.8% | 9.6% | 9.2% | 8.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $383,145 | $402,302 | $422,417 | $443,538 | $465,715 | $489,001 | $513,451 | $539,123 | $566,080 | $594,384 |
| - Loan Balance | ($251,124) | ($246,631) | ($241,944) | ($237,053) | ($231,950) | ($226,626) | ($221,072) | ($213,344) | ($205,201) | ($196,619) |
| = Equity | $132,021 | $155,671 | $180,474 | $206,485 | $233,765 | $262,374 | $292,379 | $325,779 | $360,879 | $397,764 |
| Loan-to-Value Ratio | 65.5% | 61.3% | 57.3% | 53.4% | 49.8% | 46.3% | 43.1% | 39.6% | 36.2% | 33.1% |
| Potential Cash-Out Refi | $93,707 | $115,441 | $138,232 | $162,132 | $187,193 | $213,474 | $241,034 | $271,867 | $304,271 | $338,326 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $132,021 | $155,671 | $180,474 | $206,485 | $233,765 | $262,374 | $292,379 | $325,779 | $360,879 | $397,764 |
| - Closing Costs | ($26,820) | ($28,161) | ($29,569) | ($31,048) | ($32,600) | ($34,230) | ($35,942) | ($37,739) | ($39,626) | ($41,607) |
| = Proceeds After Sale | $105,201 | $127,510 | $150,905 | $175,438 | $201,165 | $228,144 | $256,437 | $288,041 | $321,253 | $356,158 |
| + Cumulative Cash Flow | ($758) | ($1,158) | ($1,190) | ($846) | ($118) | $1,003 | $2,526 | $387 | ($1,331) | ($2,621) |
| - Approximate Cash Invested | ($124,248) | ($124,248) | ($124,248) | ($124,248) | ($124,248) | ($124,248) | ($124,248) | ($124,248) | ($124,248) | ($124,248) |
| = Net Profit | ($19,806) | $2,104 | $25,467 | $50,344 | $76,799 | $104,899 | $134,715 | $164,180 | $195,674 | $229,288 |
| Internal Rate of Return | -15.9% | 0.8% | 6.4% | 8.8% | 10.1% | 10.7% | 11.0% | 11.1% | 11.1% | 11.0% |
| Return on Investment | -15.9% | 1.7% | 20.5% | 40.5% | 61.8% | 84.4% | 108.4% | 132.1% | 157.5% | 184.5% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.