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Ten Year Performance Projection

46 co-living
Georgia
8bd • 5ba • Built: 1977 • Remodeled: 2026

Projected IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Projected Rent $83,160$85,655$88,224$90,871$93,597$96,405$99,297$102,276$105,345$108,505
Vacancy Losses ($8,316)($8,565)($8,822)($9,087)($9,360)($9,641)($9,930)($10,228)($10,534)($10,850)
Operating Income $74,844$77,089$79,402$81,784$84,238$86,765$89,368$92,049$94,810$97,654
Estimated ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($5,166)($5,357)($5,555)($5,761)($5,974)($6,195)($6,424)($6,662)($6,909)($7,164)
Insurance($2,214)($2,296)($2,381)($2,469)($2,560)($2,655)($2,753)($2,855)($2,961)($3,070)
Management Fees($14,220)($14,647)($15,086)($15,539)($16,005)($16,485)($16,980)($17,489)($18,014)($18,554)
Leasing/Advertising Fees($2,500)($2,593)($2,688)($2,788)($2,891)($2,998)($3,109)($3,224)($3,343)($3,467)
Association Fees$0$0$0$0$0$0$0$0$0$0
Maintenance($3,326)($3,449)($3,577)($3,709)($3,847)($3,989)($4,137)($4,290)($4,448)($4,613)
Other$0$0$0$0$0$0$0$0$0$0
Operating Expenses ($27,427)($28,342)($29,288)($30,266)($31,277)($32,322)($33,403)($34,520)($35,675)($36,869)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income $47,417$48,747$50,114$51,518$52,960$54,442$55,965$57,529$59,135$60,786
- Mortgage Payments($22,655)($22,655)($22,655)($22,655)($22,655)($22,655)($22,655)($22,655)($22,655)($22,655)
= Cash Flow $24,762$26,092$27,459$28,863$30,305$31,787$33,310$34,874$36,480$38,131
+ Principal Reduction $2,679$2,879$3,095$3,327$3,577$3,845$4,133$4,443$4,776$5,134
+ Appreciation $18,450$19,373$20,341$21,358$22,426$23,547$24,725$25,961$27,259$28,622
= Gross Equity Income $45,891$48,344$50,895$53,548$56,308$59,179$62,167$65,277$68,515$71,886
Capitalization Rate 12.2%12.0%11.7%11.5%11.2%11.0%10.8%10.6%10.3%10.1%
Cash on Cash Return 23.5%24.8%26.1%27.4%28.8%30.2%31.7%33.2%34.7%36.3%
Return on Equity 40.5%35.6%32.0%29.1%26.8%25.0%23.4%22.0%20.9%19.8%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value $387,450$406,823$427,164$448,522$470,948$494,495$519,220$545,181$572,440$601,062
- Loan Balance ($274,071)($271,192)($268,097)($264,770)($261,193)($257,349)($253,216)($248,773)($243,998)($238,864)
= Equity $113,379$135,630$159,067$183,752$209,754$237,146$266,004$296,408$328,442$362,198
Loan-to-Value Ratio 70.7%66.7%62.8%59.0%55.5%52.0%48.8%45.6%42.6%39.7%
Potential Cash-Out Refi $74,634$94,948$116,350$138,900$162,660$187,697$214,082$241,889$271,198$302,092
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity $113,379$135,630$159,067$183,752$209,754$237,146$266,004$296,408$328,442$362,198
- Closing Costs ($27,122)($28,478)($29,901)($31,397)($32,966)($34,615)($36,345)($38,163)($40,071)($42,074)
= Proceeds After Sale $86,257$107,153$129,165$152,355$176,788$202,532$229,659$258,245$288,371$320,123
+ Cumulative Cash Flow $24,762$50,854$78,313$107,176$137,481$169,269$202,578$237,452$273,932$312,063
- Approximate Cash Invested($105,165)($105,165)($105,165)($105,165)($105,165)($105,165)($105,165)($105,165)($105,165)($105,165)
= Net Profit $5,854$52,842$102,313$154,366$209,105$266,635$327,072$390,532$457,138$527,021
Internal Rate of Return 5.6%24.9%30.3%32.1%32.6%32.6%32.4%32.0%31.7%31.4%
Return on Investment 5.6%50.2%97.3%146.8%198.8%253.5%311.0%371.4%434.7%501.1%
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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