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Ten Year Performance Projection

47 coliving
Georgia
7bd • 7ba • Built: 1959 • Remodeled: 2026

Projected IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Projected Rent $90,996$93,726$96,538$99,434$102,417$105,489$108,654$111,914$115,271$118,729
Vacancy Losses ($9,100)($9,373)($9,654)($9,943)($10,242)($10,549)($10,865)($11,191)($11,527)($11,873)
Operating Income $81,896$84,353$86,884$89,490$92,175$94,940$97,789$100,722$103,744$106,856
Estimated ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($5,586)($5,793)($6,007)($6,229)($6,460)($6,699)($6,947)($7,204)($7,470)($7,747)
Insurance($2,394)($2,483)($2,574)($2,670)($2,768)($2,871)($2,977)($3,087)($3,202)($3,320)
Management Fees($15,560)($16,027)($16,508)($17,003)($17,513)($18,039)($18,580)($19,137)($19,711)($20,303)
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($3,640)($3,775)($3,914)($4,059)($4,209)($4,365)($4,526)($4,694)($4,868)($5,048)
Other($3,000)($3,111)($3,226)($3,345)($3,469)($3,598)($3,731)($3,869)($4,012)($4,160)
Operating Expenses ($32,680)($33,780)($34,918)($36,094)($37,311)($38,569)($39,870)($41,215)($42,606)($44,044)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income $49,216$50,573$51,966$53,396$54,864$56,371$57,919$59,507$61,138$62,812
- Mortgage Payments($24,497)($24,497)($24,497)($24,497)($24,497)($24,497)($24,497)($24,497)($24,497)($24,497)
= Cash Flow $24,719$26,076$27,469$28,899$30,367$31,875$33,422$35,011$36,641$38,315
+ Principal Reduction $2,896$3,113$3,347$3,598$3,867$4,157$4,469$4,804$5,164$5,551
+ Appreciation $19,950$20,948$21,995$23,095$24,249$25,462$26,735$28,072$29,475$30,949
= Gross Equity Income $47,566$50,137$52,811$55,591$58,484$61,494$64,626$67,886$71,280$74,815
Capitalization Rate 11.7%11.5%11.3%11.0%10.8%10.5%10.3%10.1%9.9%9.7%
Cash on Cash Return 21.7%22.9%24.2%25.4%26.7%28.0%29.4%30.8%32.2%33.7%
Return on Equity 38.8%34.2%30.7%28.0%25.8%24.0%22.5%21.2%20.1%19.1%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value $418,950$439,898$461,892$484,987$509,236$534,698$561,433$589,505$618,980$649,929
- Loan Balance ($296,354)($293,240)($289,894)($286,296)($282,429)($278,271)($273,803)($268,999)($263,835)($258,284)
= Equity $122,596$146,657$171,999$198,691$226,808$256,427$287,630$320,506$355,145$391,645
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 $80,701$102,667$125,810$150,192$175,884$202,957$231,487$261,555$293,247$326,652
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity $122,596$146,657$171,999$198,691$226,808$256,427$287,630$320,506$355,145$391,645
- Closing Costs ($29,327)($30,793)($32,332)($33,949)($35,647)($37,429)($39,300)($41,265)($43,329)($45,495)
= Proceeds After Sale $93,270$115,864$139,666$164,742$191,161$218,998$248,330$279,240$311,816$346,150
+ Cumulative Cash Flow $24,719$50,795$78,264$107,163$137,530$169,405$202,827$237,838$274,479$312,794
- Approximate Cash Invested($113,715)($113,715)($113,715)($113,715)($113,715)($113,715)($113,715)($113,715)($113,715)($113,715)
= Net Profit $4,274$52,945$104,216$158,190$214,977$274,688$337,442$403,363$472,580$545,229
Internal Rate of Return 3.8%23.1%28.5%30.4%30.9%31.0%30.8%30.5%30.1%29.8%
Return on Investment 3.8%46.6%91.6%139.1%189.0%241.6%296.7%354.7%415.6%479.5%
*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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