Phoenix, AZ 85033
Phoenix, AZ 85033
5.2%
Year 1 Cap Rate$297,634
10 yr cash flow7.76%
10 yr IRRNiche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
Phoenix, 85033
Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
---|---|---|---|---|---|
Rental revenue | $24,000 | $24,720 | $25,462 | $27,012 | $31,315 |
Vacancy & Collection Loss | ($1,440) | ($1,483) | ($1,528) | ($1,621) | ($1,879) |
Operating revenues | $22,560 | $23,237 | $23,934 | $25,391 | $29,436 |
Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
HOA fees | ($0) | ($0) | ($0) | ($0) | ($0) |
Insurance | ($1,870) | ($1,927) | ($1,984) | ($2,105) | ($2,441) |
Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
Leasing Fee | ($400) | ($412) | ($424) | ($450) | ($522) |
Property management | ($1,128) | ($1,162) | ($1,197) | ($1,270) | ($1,472) |
Real estate taxes | ($1,932) | ($2,029) | ($2,130) | ($2,348) | ($2,997) |
Repairs and maintenance | ($1,440) | ($1,483) | ($1,528) | ($1,621) | ($1,879) |
Operating expenses | ($6,770) | ($7,013) | ($7,263) | ($7,794) | ($9,311) |
Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
Operating revenues | $22,560 | $23,237 | $23,934 | $25,391 | $29,436 |
Operating expenses | ($6,770) | ($7,013) | ($7,263) | ($7,794) | ($9,311) |
Net Operating Income | $15,790 | $16,224 | $16,671 | $17,597 | $20,125 |
Cap Rate | 5.2% | 5.3% | 5.5% | 5.8% | 6.6% |
Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
SHARE management | ($1,540) | ($1,586) | ($1,634) | ($1,734) | ($2,010) |
Mortgage payments | $0 | $0 | $0 | $0 | $0 |
Other income & expenses | ($1,540) | ($1,586) | ($1,634) | ($1,734) | ($2,010) |
Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
Cash flow | $14,250 | $14,638 | $15,037 | $15,863 | $18,115 |
Cash yield | 4.4% | 4.5% | 4.6% | 4.8% | 5.5% |
Down payment | ($305,000) | |||
---|---|---|---|---|
Title insurance | ($4,575) | |||
Debt costs | ||||
Acquisition fee | ($9,150) | |||
Home Buyer Inspection | ($750) | |||
Leasing Fee | ($3,000) | |||
Reserves | ($3,500) | |||
Stabilization costs | ($1,251) | |||
Total | ($327,226) |
Estimated sale price | $478,001 | |||
---|---|---|---|---|
Disposition fee | ($4,780) | |||
Other disposition costs | ($9,560) | |||
Year 10 mortgage balance | ($0) | |||
Total | $463,661 |