Ranch Home in Nice area
Indiana
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 | $25,200 | $25,956 | $26,735 | $27,537 | $28,363 | $29,214 | $30,090 | $30,993 | $31,923 | $32,880 |
| Vacancy Losses | ($2,016) | ($2,076) | ($2,139) | ($2,203) | ($2,269) | ($2,337) | ($2,407) | ($2,479) | ($2,554) | ($2,630) |
| Operating Income | $23,184 | $23,880 | $24,596 | $25,334 | $26,094 | $26,877 | $27,683 | $28,513 | $29,369 | $30,250 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($6,858) | ($7,112) | ($7,375) | ($7,648) | ($7,931) | ($8,224) | ($8,528) | ($8,844) | ($9,171) | ($9,511) |
| Insurance | ($1,543) | ($1,600) | ($1,659) | ($1,721) | ($1,784) | ($1,850) | ($1,919) | ($1,990) | ($2,064) | ($2,140) |
| Management Fees | ($1,855) | ($1,910) | ($1,968) | ($2,027) | ($2,088) | ($2,150) | ($2,215) | ($2,281) | ($2,350) | ($2,420) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | ($696) | ($722) | ($748) | ($776) | ($805) | ($835) | ($866) | ($898) | ($931) | ($965) |
| Maintenance | ($504) | ($523) | ($542) | ($562) | ($583) | ($604) | ($627) | ($650) | ($674) | ($699) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($11,456) | ($11,867) | ($12,292) | ($12,733) | ($13,190) | ($13,664) | ($14,154) | ($14,662) | ($15,189) | ($15,735) |
| 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 | $11,728 | $12,013 | $12,304 | $12,600 | $12,903 | $13,213 | $13,529 | $13,851 | $14,180 | $14,515 |
| - Mortgage Payments | ($14,170) | ($14,170) | ($14,170) | ($14,170) | ($14,170) | ($14,170) | ($14,170) | ($17,995) | ($17,995) | ($17,995) |
| = Cash Flow | ($2,441) | ($2,157) | ($1,866) | ($1,569) | ($1,266) | ($957) | ($641) | ($4,144) | ($3,816) | ($3,480) |
| + Principal Reduction | $4,047 | $4,222 | $4,405 | $4,596 | $4,795 | $5,003 | $5,220 | $7,262 | $7,652 | $8,064 |
| + Appreciation | $17,145 | $18,002 | $18,902 | $19,847 | $20,840 | $21,882 | $22,976 | $24,125 | $25,331 | $26,598 |
| = Gross Equity Income | $18,750 | $20,067 | $21,441 | $22,874 | $24,369 | $25,928 | $27,555 | $27,242 | $29,168 | $31,181 |
| Capitalization Rate | 3.3% | 3.2% | 3.1% | 3.0% | 2.9% | 2.9% | 2.8% | 2.7% | 2.7% | 2.6% |
| Cash on Cash Return | -2.1% | -1.8% | -1.6% | -1.3% | -1.1% | -0.8% | -0.5% | -3.5% | -3.3% | -3.0% |
| Return on Equity | 15.1% | 13.7% | 12.6% | 11.8% | 11.1% | 10.5% | 10.0% | 8.9% | 8.6% | 8.3% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $360,045 | $378,047 | $396,950 | $416,797 | $437,637 | $459,519 | $482,495 | $506,619 | $531,950 | $558,548 |
| - Loan Balance | ($235,983) | ($231,762) | ($227,357) | ($222,761) | ($217,966) | ($212,963) | ($207,744) | ($200,482) | ($192,829) | ($184,765) |
| = Equity | $124,062 | $146,286 | $169,593 | $194,036 | $219,671 | $246,556 | $274,751 | $306,138 | $339,121 | $373,783 |
| 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 | $88,057 | $108,481 | $129,898 | $152,356 | $175,907 | $200,604 | $226,502 | $255,476 | $285,926 | $317,928 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $124,062 | $146,286 | $169,593 | $194,036 | $219,671 | $246,556 | $274,751 | $306,138 | $339,121 | $373,783 |
| - Closing Costs | ($25,203) | ($26,463) | ($27,786) | ($29,176) | ($30,635) | ($32,166) | ($33,775) | ($35,463) | ($37,237) | ($39,098) |
| = Proceeds After Sale | $98,858 | $119,822 | $141,806 | $164,860 | $189,036 | $214,389 | $240,976 | $270,674 | $301,885 | $334,684 |
| + Cumulative Cash Flow | ($2,441) | ($4,598) | ($6,464) | ($8,033) | ($9,299) | ($10,256) | ($10,897) | ($15,042) | ($18,857) | ($22,337) |
| - Approximate Cash Invested | ($116,757) | ($116,757) | ($116,757) | ($116,757) | ($116,757) | ($116,757) | ($116,757) | ($116,757) | ($116,757) | ($116,757) |
| = Net Profit | ($20,340) | ($1,533) | $18,585 | $40,070 | $62,979 | $87,376 | $113,322 | $138,875 | $166,270 | $195,590 |
| Internal Rate of Return | -17.4% | -0.7% | 5.0% | 7.5% | 8.8% | 9.5% | 9.8% | 9.9% | 10.0% | 9.9% |
| Return on Investment | -17.4% | -1.3% | 15.9% | 34.3% | 53.9% | 74.8% | 97.1% | 118.9% | 142.4% | 167.5% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.