Investment Opportunity
startup103
Investment Structure
Total Investment Required
$626,000
$626,000
Total Units
42
42
Price Per Unit
$15,000
$15,000
Ownership Per Unit
2.38%
2.38%
Minimum Units
1
1
Holding Period (Years)
5
5
Cash Flow
Annual Cash Flow – 5-Year Analysis
| Category | Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total |
|---|---|---|---|---|---|---|---|
| INITIAL INVESTMENT (YEAR 0) | |||||||
| Purchase Price | -$579,000 | – | – | – | – | – | -$579,000 |
| Closing Costs | – | – | – | – | – | – | – |
| Setup Fees | -$4,000 | – | – | – | – | – | -$4,000 |
| Legal Fees | -$3,000 | – | – | – | – | – | -$3,000 |
| Rehab / Furnishing | -$40,000 | – | – | – | – | – | -$40,000 |
| Initial Reserve | – | – | – | – | – | – | – |
| Total Capital Deployed | -$626,000 | – | – | – | – | – | -$626,000 |
| BOOKING REVENUE | |||||||
| Booking Revenue | – | $108,798 | $112,107 | $115,517 | $119,030 | $122,651 | $578,103 |
| ↳ Unit A | – | $53,655 | $55,265 | $56,923 | $58,630 | $60,389 | $284,862 |
| ↳ Unit B | – | $53,655 | $55,265 | $56,923 | $58,630 | $60,389 | $284,862 |
| ↳ Platform Fees | – | -$3,264 | -$3,363 | -$3,466 | -$3,571 | -$3,680 | -$17,343 |
| Net Revenue | – | $105,534 | $108,744 | $112,051 | $115,460 | $118,971 | $560,760 |
| EXPENSES | |||||||
| Bills & Expenses | – | -$25,905 | -$26,567 | -$27,249 | -$27,952 | -$28,676 | -$136,349 |
| ↳ Property Tax | – | -$1,746 | -$1,746 | -$1,746 | -$1,746 | -$1,746 | -$8,730 |
| ↳ Insurance | – | – | – | – | – | – | – |
| ↳ HOA | – | – | – | – | – | – | – |
| ↳ Maintenance | – | -$5,440 | -$5,605 | -$5,776 | -$5,952 | -$6,133 | -$28,905 |
| ↳ Property Mgmt | – | -$10,880 | -$11,211 | -$11,552 | -$11,903 | -$12,265 | -$57,810 |
| ↳ Utilities | – | -$2,400 | -$2,400 | -$2,400 | -$2,400 | -$2,400 | -$11,998 |
| ↳ Cleaning | – | – | – | – | – | – | – |
| ↳ Reserves | – | -$5,440 | -$5,605 | -$5,776 | -$5,952 | -$6,133 | -$28,905 |
| RETURNS | |||||||
| Income After Bills | – | $79,629 | $82,177 | $84,802 | $87,508 | $90,296 | $424,411 |
| Cash Flow | – | $79,629 | $82,177 | $84,802 | $87,508 | $90,296 | $424,411 |
| Running Total | -$626,000 | -$546,371 | -$464,195 | -$379,392 | -$291,884 | -$201,589 | -$201,589 |
| PROPERTY SALE – END OF YEAR 5 | |||||||
| Estimated Sale Value | – | – | – | – | – | $579,000 | $579,000 |
| Selling Costs | – | – | – | – | – | -$67,722 | -$67,722 |
| Net Sale Proceeds | – | – | – | – | – | $1,060,972 | $1,060,972 |
| Total Cash Received | – | – | – | – | – | $1,151,268 | $1,485,383 |
Profitability Analysis
Total ROI
137.28%
137.28%
Cash-on-Cash
12.72%
12.72%
Cap Rate
13.75%
13.75%
Projected IRR
23.48%
23.48%
Projected Sale
$1,128,694
$1,128,694
Net Sale Proceeds
$1,060,972
$1,060,972
Total Return
$859,383
$859,383
Exit & Returns
Investor Total Return
$864,875
$864,875
Investor Annualized Return
27.46%
27.46%