Investment Opportunity
Knoxville
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Property Details
Guests
2
2
Investment Structure
Total Investment Required
$549,000
$549,000
Total Units
11
11
Price Per Unit
$50,000
$50,000
Ownership Per Unit
9.09%
9.09%
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 | -$489,000 | – | – | – | – | – | -$489,000 |
| Closing Costs | – | – | – | – | – | – | – |
| Setup Fees | -$7,000 | – | – | – | – | – | -$7,000 |
| Legal Fees | -$3,000 | – | – | – | – | – | -$3,000 |
| Rehab / Furnishing | -$50,000 | – | – | – | – | – | -$50,000 |
| Initial Reserve | – | – | – | – | – | – | – |
| Total Capital Deployed | -$549,000 | – | – | – | – | – | -$549,000 |
| BOOKING REVENUE | |||||||
| Booking Revenue | – | $84,374 | $86,940 | $89,585 | $92,309 | $95,117 | $448,325 |
| ↳ Unit 1 | – | $41,610 | $42,858 | $44,144 | $45,468 | $46,832 | $220,913 |
| ↳ Unit 2 | – | $41,610 | $42,858 | $44,144 | $45,468 | $46,832 | $220,913 |
| ↳ Platform Fees | – | -$8,437 | -$8,694 | -$8,958 | -$9,231 | -$9,512 | -$44,833 |
| Net Revenue | – | $82,993 | $85,517 | $88,118 | $90,799 | $93,560 | $440,988 |
| EXPENSES | |||||||
| Bills & Expenses | – | -$27,203 | -$27,456 | -$27,716 | -$27,984 | -$28,260 | -$138,619 |
| ↳ Property Tax | – | -$2,744 | -$2,744 | -$2,744 | -$2,744 | -$2,744 | -$13,720 |
| ↳ Insurance | – | -$1,200 | -$1,200 | -$1,200 | -$1,200 | -$1,200 | -$6,000 |
| ↳ HOA | – | – | – | – | – | – | – |
| ↳ Maintenance | – | -$2,000 | -$2,000 | -$2,000 | -$2,000 | -$2,000 | -$10,000 |
| ↳ Property Mgmt | – | -$8,299 | -$8,552 | -$8,812 | -$9,080 | -$9,356 | -$44,099 |
| ↳ Utilities | – | -$7,200 | -$7,200 | -$7,200 | -$7,200 | -$7,200 | -$36,000 |
| ↳ Cleaning | – | -$5,760 | -$5,760 | -$5,760 | -$5,760 | -$5,760 | -$28,800 |
| ↳ Reserves | – | – | – | – | – | – | – |
| RETURNS | |||||||
| Income After Bills | – | $55,790 | $58,061 | $60,402 | $62,815 | $65,300 | $302,368 |
| Cash Flow | – | $55,790 | $58,061 | $60,402 | $62,815 | $65,300 | $302,368 |
| Running Total | -$549,000 | -$493,210 | -$435,149 | -$374,746 | -$311,932 | -$246,632 | -$246,632 |
| PROPERTY SALE – END OF YEAR 5 | |||||||
| Estimated Sale Value | – | – | – | – | – | $489,000 | $489,000 |
| Selling Costs | – | – | – | – | – | -$48,975 | -$48,975 |
| Net Sale Proceeds | – | – | – | – | – | $767,277 | $767,277 |
| Total Cash Received | – | – | – | – | – | $832,577 | $1,069,645 |
Profitability Analysis
Total ROI
94.84%
94.84%
Cash-on-Cash
10.16%
10.16%
Cap Rate
11.41%
11.41%
Projected IRR
17.34%
17.34%
Projected Sale
$816,252
$816,252
Net Sale Proceeds
$767,277
$767,277
Total Return
$520,645
$520,645
Exit & Returns
Investor Total Return
$521,593
$521,593
Investor Annualized Return
18.97%
18.97%