padsplit 42
Georgia
8bd • 5ba • Built: 1972 • Remodeled: 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 | $83,196 | $85,692 | $88,263 | $90,911 | $93,638 | $96,447 | $99,340 | $102,321 | $105,390 | $108,552 |
| Vacancy Losses | ($8,320) | ($8,569) | ($8,826) | ($9,091) | ($9,364) | ($9,645) | ($9,934) | ($10,232) | ($10,539) | ($10,855) |
| Operating Income | $74,876 | $77,123 | $79,436 | $81,819 | $84,274 | $86,802 | $89,406 | $92,089 | $94,851 | $97,697 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($4,969) | ($5,152) | ($5,343) | ($5,541) | ($5,746) | ($5,958) | ($6,179) | ($6,407) | ($6,645) | ($6,890) |
| Insurance | ($2,129) | ($2,208) | ($2,290) | ($2,375) | ($2,462) | ($2,554) | ($2,648) | ($2,746) | ($2,848) | ($2,953) |
| Management Fees | ($14,227) | ($14,653) | ($15,093) | ($15,546) | ($16,012) | ($16,492) | ($16,987) | ($17,497) | ($18,022) | ($18,562) |
| 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 | ($3,328) | ($3,451) | ($3,579) | ($3,711) | ($3,848) | ($3,991) | ($4,138) | ($4,292) | ($4,450) | ($4,615) |
| Other | ($3,000) | ($3,111) | ($3,226) | ($3,345) | ($3,469) | ($3,598) | ($3,731) | ($3,869) | ($4,012) | ($4,160) |
| Operating Expenses | ($30,152) | ($31,168) | ($32,219) | ($33,306) | ($34,429) | ($35,591) | ($36,792) | ($38,035) | ($39,319) | ($40,648) |
| 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 | $44,724 | $45,954 | $47,217 | $48,514 | $49,845 | $51,211 | $52,614 | $54,054 | $55,532 | $57,049 |
| - Mortgage Payments | ($21,789) | ($21,789) | ($21,789) | ($21,789) | ($21,789) | ($21,789) | ($21,789) | ($21,789) | ($21,789) | ($21,789) |
| = Cash Flow | $22,935 | $24,165 | $25,428 | $26,725 | $28,056 | $29,422 | $30,825 | $32,265 | $33,742 | $35,259 |
| + Principal Reduction | $2,576 | $2,769 | $2,977 | $3,200 | $3,440 | $3,698 | $3,975 | $4,273 | $4,593 | $4,937 |
| + Appreciation | $17,745 | $18,632 | $19,564 | $20,542 | $21,569 | $22,648 | $23,780 | $24,969 | $26,217 | $27,528 |
| = Gross Equity Income | $43,256 | $45,566 | $47,969 | $50,467 | $53,065 | $55,767 | $58,580 | $61,506 | $64,553 | $67,725 |
| Capitalization Rate | 12.0% | 11.7% | 11.5% | 11.2% | 11.0% | 10.8% | 10.5% | 10.3% | 10.1% | 9.9% |
| Cash on Cash Return | 22.7% | 23.9% | 25.1% | 26.4% | 27.7% | 29.1% | 30.5% | 31.9% | 33.4% | 34.9% |
| Return on Equity | 39.7% | 34.9% | 31.4% | 28.6% | 26.3% | 24.5% | 22.9% | 21.6% | 20.4% | 19.4% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $372,645 | $391,277 | $410,841 | $431,383 | $452,952 | $475,600 | $499,380 | $524,349 | $550,566 | $578,095 |
| - Loan Balance | ($263,599) | ($260,830) | ($257,853) | ($254,653) | ($251,213) | ($247,515) | ($243,540) | ($239,268) | ($234,674) | ($229,737) |
| = Equity | $109,046 | $130,448 | $152,988 | $176,730 | $201,739 | $228,085 | $255,840 | $285,081 | $315,892 | $348,358 |
| 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 | $71,782 | $91,320 | $111,904 | $133,592 | $156,444 | $180,525 | $205,902 | $232,647 | $260,835 | $290,548 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $109,046 | $130,448 | $152,988 | $176,730 | $201,739 | $228,085 | $255,840 | $285,081 | $315,892 | $348,358 |
| - Closing Costs | ($26,085) | ($27,389) | ($28,759) | ($30,197) | ($31,707) | ($33,292) | ($34,957) | ($36,704) | ($38,540) | ($40,467) |
| = Proceeds After Sale | $82,961 | $103,058 | $124,229 | $146,534 | $170,033 | $194,793 | $220,883 | $248,377 | $277,352 | $307,891 |
| + Cumulative Cash Flow | $22,935 | $47,100 | $72,528 | $99,252 | $127,308 | $156,730 | $187,555 | $219,819 | $253,562 | $288,821 |
| - Approximate Cash Invested | ($101,147) | ($101,147) | ($101,147) | ($101,147) | ($101,147) | ($101,147) | ($101,147) | ($101,147) | ($101,147) | ($101,147) |
| = Net Profit | $4,749 | $49,011 | $95,611 | $144,639 | $196,194 | $250,376 | $307,291 | $367,050 | $429,767 | $495,565 |
| Internal Rate of Return | 4.7% | 24.1% | 29.4% | 31.2% | 31.8% | 31.8% | 31.6% | 31.3% | 30.9% | 30.6% |
| Return on Investment | 4.7% | 48.5% | 94.5% | 143.0% | 194.0% | 247.5% | 303.8% | 362.9% | 424.9% | 489.9% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.