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 | ($4,561) | ($4,730) | ($4,905) | ($5,087) | ($5,275) | ($5,470) | ($5,672) | ($5,882) | ($6,100) | ($6,325) |
| Insurance | ($1,825) | ($1,892) | ($1,962) | ($2,035) | ($2,110) | ($2,188) | ($2,269) | ($2,353) | ($2,440) | ($2,530) |
| 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 | ($504) | ($523) | ($542) | ($562) | ($583) | ($604) | ($627) | ($650) | ($674) | ($699) |
| Maintenance | ($576) | ($597) | ($619) | ($642) | ($666) | ($691) | ($716) | ($743) | ($770) | ($799) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($7,466) | ($7,742) | ($8,028) | ($8,325) | ($8,634) | ($8,953) | ($9,284) | ($9,628) | ($9,984) | ($10,353) |
| 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 | $19,030 | $19,549 | $20,081 | $20,627 | $21,188 | $21,763 | $22,353 | $22,959 | $23,580 | $24,218 |
| - Mortgage Payments | ($15,531) | ($15,531) | ($15,531) | ($15,531) | ($15,531) | ($15,531) | ($15,531) | ($19,595) | ($19,595) | ($19,595) |
| = Cash Flow | $3,499 | $4,018 | $4,550 | $5,097 | $5,657 | $6,232 | $6,823 | $3,364 | $3,985 | $4,623 |
| + Principal Reduction | $4,121 | $4,310 | $4,508 | $4,715 | $4,932 | $5,158 | $5,395 | $7,558 | $7,984 | $8,434 |
| + Appreciation | $18,245 | $19,157 | $20,115 | $21,121 | $22,177 | $23,286 | $24,450 | $25,673 | $26,956 | $28,304 |
| = Gross Equity Income | $25,865 | $27,485 | $29,174 | $30,933 | $32,766 | $34,676 | $36,668 | $36,594 | $38,925 | $41,361 |
| Capitalization Rate | 5.0% | 4.9% | 4.8% | 4.7% | 4.5% | 4.5% | 4.4% | 4.3% | 4.2% | 4.1% |
| Cash on Cash Return | 2.9% | 3.3% | 3.8% | 4.2% | 4.7% | 5.2% | 5.7% | 2.8% | 3.3% | 3.8% |
| Return on Equity | 19.6% | 17.7% | 16.2% | 15.0% | 14.1% | 13.3% | 12.6% | 11.3% | 10.8% | 10.4% |
| 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 | ($251,309) | ($246,999) | ($242,491) | ($237,776) | ($232,844) | ($227,686) | ($222,291) | ($214,733) | ($206,749) | ($198,314) |
| = Equity | $131,836 | $155,303 | $179,926 | $205,762 | $232,871 | $261,315 | $291,160 | $324,390 | $359,331 | $396,069 |
| Loan-to-Value Ratio | 65.6% | 61.4% | 57.4% | 53.6% | 50.0% | 46.6% | 43.3% | 39.8% | 36.5% | 33.4% |
| Potential Cash-Out Refi | $93,521 | $115,073 | $137,684 | $161,408 | $186,299 | $212,415 | $239,815 | $270,478 | $302,723 | $336,631 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $131,836 | $155,303 | $179,926 | $205,762 | $232,871 | $261,315 | $291,160 | $324,390 | $359,331 | $396,069 |
| - 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 | $105,016 | $127,142 | $150,357 | $174,714 | $200,271 | $227,085 | $255,219 | $286,652 | $319,705 | $354,462 |
| + Cumulative Cash Flow | $3,499 | $7,518 | $12,068 | $17,165 | $22,822 | $29,054 | $35,877 | $39,241 | $43,226 | $47,849 |
| - Approximate Cash Invested | ($120,599) | ($120,599) | ($120,599) | ($120,599) | ($120,599) | ($120,599) | ($120,599) | ($120,599) | ($120,599) | ($120,599) |
| = Net Profit | ($12,084) | $14,060 | $41,825 | $71,280 | $102,493 | $135,540 | $170,496 | $205,293 | $242,332 | $281,712 |
| Internal Rate of Return | -10.0% | 5.7% | 10.7% | 12.8% | 13.7% | 14.1% | 14.3% | 14.2% | 14.1% | 13.9% |
| Return on Investment | -10.0% | 11.7% | 34.7% | 59.1% | 85.0% | 112.4% | 141.4% | 170.2% | 200.9% | 233.6% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.