New Fully Leased 3/2 Duplex in Lawton!!
Oklahoma
6bd • 4ba • Built: 2025
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $31,920 | $32,878 | $33,864 | $34,880 | $35,926 | $37,004 | $38,114 | $39,258 | $40,435 | $41,648 |
| Vacancy Losses | ($2,554) | ($2,630) | ($2,709) | ($2,790) | ($2,874) | ($2,960) | ($3,049) | ($3,141) | ($3,235) | ($3,332) |
| Operating Income | $29,366 | $30,247 | $31,155 | $32,089 | $33,052 | $34,044 | $35,065 | $36,117 | $37,200 | $38,316 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($4,362) | ($4,523) | ($4,691) | ($4,864) | ($5,044) | ($5,231) | ($5,424) | ($5,625) | ($5,833) | ($6,049) |
| Insurance | ($1,345) | ($1,395) | ($1,446) | ($1,500) | ($1,555) | ($1,613) | ($1,673) | ($1,734) | ($1,799) | ($1,865) |
| Management Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Maintenance | ($638) | ($662) | ($687) | ($712) | ($738) | ($766) | ($794) | ($823) | ($854) | ($885) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,345) | ($6,580) | ($6,824) | ($7,076) | ($7,338) | ($7,609) | ($7,891) | ($8,183) | ($8,486) | ($8,800) |
| 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 | $23,021 | $23,667 | $24,331 | $25,013 | $25,714 | $26,434 | $27,174 | $27,934 | $28,715 | $29,517 |
| - Mortgage Payments | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) |
| = Cash Flow | $2,073 | $2,719 | $3,383 | $4,066 | $4,766 | $5,487 | $6,226 | $6,986 | $7,767 | $8,569 |
| + Principal Reduction | $2,976 | $3,179 | $3,396 | $3,628 | $3,876 | $4,140 | $4,423 | $4,725 | $5,048 | $5,393 |
| + Appreciation | $18,175 | $19,084 | $20,038 | $21,040 | $22,092 | $23,196 | $24,356 | $25,574 | $26,853 | $28,195 |
| = Gross Equity Income | $23,224 | $24,982 | $26,817 | $28,733 | $30,734 | $32,823 | $35,006 | $37,286 | $39,668 | $42,157 |
| Capitalization Rate | 6.0% | 5.9% | 5.8% | 5.7% | 5.5% | 5.4% | 5.3% | 5.2% | 5.1% | 5.0% |
| Cash on Cash Return | 1.8% | 2.4% | 3.0% | 3.6% | 4.2% | 4.8% | 5.5% | 6.2% | 6.9% | 7.6% |
| Return on Equity | 20.7% | 18.6% | 17.0% | 15.8% | 14.8% | 13.9% | 13.2% | 12.6% | 12.1% | 11.7% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $381,675 | $400,759 | $420,797 | $441,837 | $463,928 | $487,125 | $511,481 | $537,055 | $563,908 | $592,103 |
| - Loan Balance | ($269,649) | ($266,470) | ($263,074) | ($259,446) | ($255,571) | ($251,430) | ($247,007) | ($242,282) | ($237,233) | ($231,841) |
| = Equity | $112,026 | $134,288 | $157,722 | $182,390 | $208,358 | $235,695 | $264,474 | $294,773 | $326,674 | $360,263 |
| Loan-to-Value Ratio | 70.6% | 66.5% | 62.5% | 58.7% | 55.1% | 51.6% | 48.3% | 45.1% | 42.1% | 39.2% |
| Potential Cash-Out Refi | $16,607 | $34,099 | $52,523 | $71,931 | $92,376 | $113,913 | $136,604 | $160,510 | $185,697 | $212,237 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $112,026 | $134,288 | $157,722 | $182,390 | $208,358 | $235,695 | $264,474 | $294,773 | $326,674 | $360,263 |
| - Closing Costs | ($26,717) | ($28,053) | ($29,456) | ($30,929) | ($32,475) | ($34,099) | ($35,804) | ($37,594) | ($39,474) | ($41,447) |
| = Proceeds After Sale | $85,308 | $106,235 | $128,267 | $151,462 | $175,883 | $201,596 | $228,670 | $257,180 | $287,201 | $318,815 |
| + Cumulative Cash Flow | $2,073 | $4,793 | $8,176 | $12,242 | $17,008 | $22,495 | $28,721 | $35,707 | $43,474 | $52,043 |
| - Approximate Cash Invested | ($113,139) | ($113,139) | ($113,139) | ($113,139) | ($113,139) | ($113,139) | ($113,139) | ($113,139) | ($113,139) | ($113,139) |
| = Net Profit | ($25,758) | ($2,111) | $23,303 | $50,564 | $79,752 | $110,951 | $144,252 | $179,748 | $217,536 | $257,719 |
| Internal Rate of Return | -22.8% | -0.9% | 6.6% | 9.9% | 11.7% | 12.6% | 13.1% | 13.4% | 13.5% | 13.6% |
| Return on Investment | -22.8% | -1.9% | 20.6% | 44.7% | 70.5% | 98.1% | 127.5% | 158.9% | 192.3% | 227.8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.