padsplit 227
Georgia
8bd • 6ba • Built: 1969 • 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 | $90,180 | $92,885 | $95,672 | $98,542 | $101,498 | $104,543 | $107,680 | $110,910 | $114,237 | $117,664 |
| Vacancy Losses | ($9,018) | ($9,289) | ($9,567) | ($9,854) | ($10,150) | ($10,454) | ($10,768) | ($11,091) | ($11,424) | ($11,766) |
| Operating Income | $81,162 | $83,597 | $86,105 | $88,688 | $91,349 | $94,089 | $96,912 | $99,819 | $102,814 | $105,898 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($5,599) | ($5,806) | ($6,021) | ($6,243) | ($6,474) | ($6,714) | ($6,962) | ($7,220) | ($7,487) | ($7,764) |
| Insurance | ($2,399) | ($2,488) | ($2,580) | ($2,676) | ($2,775) | ($2,877) | ($2,984) | ($3,094) | ($3,209) | ($3,327) |
| Management Fees | ($15,421) | ($15,883) | ($16,360) | ($16,851) | ($17,356) | ($17,877) | ($18,413) | ($18,966) | ($19,535) | ($20,121) |
| 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 | ($3,607) | ($3,741) | ($3,879) | ($4,023) | ($4,171) | ($4,326) | ($4,486) | ($4,652) | ($4,824) | ($5,002) |
| Other | ($3,000) | ($3,111) | ($3,226) | ($3,345) | ($3,469) | ($3,598) | ($3,731) | ($3,869) | ($4,012) | ($4,160) |
| Operating Expenses | ($32,526) | ($33,621) | ($34,754) | ($35,926) | ($37,137) | ($38,390) | ($39,685) | ($41,024) | ($42,409) | ($43,842) |
| 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 | $48,636 | $49,975 | $51,350 | $52,762 | $54,212 | $55,699 | $57,227 | $58,795 | $60,404 | $62,056 |
| - Mortgage Payments | ($24,552) | ($24,552) | ($24,552) | ($24,552) | ($24,552) | ($24,552) | ($24,552) | ($24,552) | ($24,552) | ($24,552) |
| = Cash Flow | $24,084 | $25,423 | $26,798 | $28,210 | $29,659 | $31,147 | $32,675 | $34,242 | $35,852 | $37,504 |
| + Principal Reduction | $2,903 | $3,120 | $3,354 | $3,606 | $3,876 | $4,167 | $4,479 | $4,815 | $5,176 | $5,564 |
| + Appreciation | $19,995 | $20,995 | $22,044 | $23,147 | $24,304 | $25,519 | $26,795 | $28,135 | $29,542 | $31,019 |
| = Gross Equity Income | $46,982 | $49,538 | $52,197 | $54,963 | $57,839 | $60,833 | $63,949 | $67,192 | $70,569 | $74,086 |
| Capitalization Rate | 11.6% | 11.3% | 11.1% | 10.9% | 10.6% | 10.4% | 10.2% | 10.0% | 9.7% | 9.5% |
| Cash on Cash Return | 21.1% | 22.3% | 23.5% | 24.8% | 26.0% | 27.3% | 28.7% | 30.0% | 31.5% | 32.9% |
| Return on Equity | 38.2% | 33.7% | 30.3% | 27.6% | 25.4% | 23.7% | 22.2% | 20.9% | 19.8% | 18.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $419,895 | $440,890 | $462,934 | $486,081 | $510,385 | $535,904 | $562,699 | $590,834 | $620,376 | $651,395 |
| - Loan Balance | ($297,022) | ($293,902) | ($290,547) | ($286,941) | ($283,065) | ($278,899) | ($274,420) | ($269,605) | ($264,429) | ($258,866) |
| = Equity | $122,873 | $146,988 | $172,387 | $199,139 | $227,320 | $257,006 | $288,280 | $321,229 | $355,947 | $392,529 |
| 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 | $80,883 | $102,899 | $126,094 | $150,531 | $176,281 | $203,415 | $232,010 | $262,146 | $293,909 | $327,390 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $122,873 | $146,988 | $172,387 | $199,139 | $227,320 | $257,006 | $288,280 | $321,229 | $355,947 | $392,529 |
| - Closing Costs | ($29,393) | ($30,862) | ($32,405) | ($34,026) | ($35,727) | ($37,513) | ($39,389) | ($41,358) | ($43,426) | ($45,598) |
| = Proceeds After Sale | $93,480 | $116,126 | $139,982 | $165,114 | $191,593 | $219,492 | $248,891 | $279,871 | $312,520 | $346,931 |
| + Cumulative Cash Flow | $24,084 | $49,507 | $76,305 | $104,515 | $134,174 | $165,322 | $197,996 | $232,239 | $268,091 | $305,595 |
| - Approximate Cash Invested | ($113,972) | ($113,972) | ($113,972) | ($113,972) | ($113,972) | ($113,972) | ($113,972) | ($113,972) | ($113,972) | ($113,972) |
| = Net Profit | $3,593 | $51,661 | $102,315 | $155,657 | $211,796 | $270,842 | $332,915 | $398,138 | $466,640 | $538,554 |
| Internal Rate of Return | 3.2% | 22.5% | 28.0% | 29.8% | 30.4% | 30.4% | 30.2% | 30.0% | 29.6% | 29.3% |
| Return on Investment | 3.2% | 45.3% | 89.8% | 136.6% | 185.8% | 237.6% | 292.1% | 349.3% | 409.4% | 472.5% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.