New Fully Leased 3/2 Lawton Construction Duplex
Oklahoma
6bd • 4ba • Built: 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 | $32,760 | $33,743 | $34,755 | $35,798 | $36,872 | $37,978 | $39,117 | $40,291 | $41,499 | $42,744 |
| Vacancy Losses | ($2,621) | ($2,699) | ($2,780) | ($2,864) | ($2,950) | ($3,038) | ($3,129) | ($3,223) | ($3,320) | ($3,420) |
| Operating Income | $30,139 | $31,043 | $31,975 | $32,934 | $33,922 | $34,940 | $35,988 | $37,067 | $38,179 | $39,325 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($4,296) | ($4,455) | ($4,620) | ($4,791) | ($4,968) | ($5,152) | ($5,342) | ($5,540) | ($5,745) | ($5,958) |
| Insurance | ($1,325) | ($1,374) | ($1,424) | ($1,477) | ($1,532) | ($1,588) | ($1,647) | ($1,708) | ($1,771) | ($1,837) |
| 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 | ($655) | ($679) | ($705) | ($731) | ($758) | ($786) | ($815) | ($845) | ($876) | ($909) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,276) | ($6,508) | ($6,749) | ($6,999) | ($7,257) | ($7,526) | ($7,804) | ($8,093) | ($8,393) | ($8,703) |
| 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 | $23,863 | $24,535 | $25,226 | $25,935 | $26,664 | $27,414 | $28,183 | $28,974 | $29,787 | $30,622 |
| - Mortgage Payments | ($17,792) | ($17,792) | ($17,792) | ($17,792) | ($17,792) | ($17,792) | ($17,792) | ($17,792) | ($17,792) | ($17,792) |
| = Cash Flow | $6,071 | $6,743 | $7,434 | $8,143 | $8,872 | $9,622 | $10,391 | $11,182 | $11,995 | $12,830 |
| + Principal Reduction | $3,786 | $3,990 | $4,204 | $4,430 | $4,669 | $4,920 | $5,184 | $5,463 | $5,757 | $6,067 |
| + Appreciation | $17,900 | $18,795 | $19,735 | $20,721 | $21,758 | $22,845 | $23,988 | $25,187 | $26,446 | $27,769 |
| = Gross Equity Income | $27,757 | $29,528 | $31,373 | $33,295 | $35,299 | $37,387 | $39,563 | $41,832 | $44,198 | $46,665 |
| Capitalization Rate | 6.3% | 6.2% | 6.1% | 6.0% | 5.8% | 5.7% | 5.6% | 5.5% | 5.4% | 5.3% |
| Cash on Cash Return | 5.7% | 6.3% | 6.9% | 7.6% | 8.3% | 9.0% | 9.7% | 10.4% | 11.2% | 11.9% |
| Return on Equity | 25.0% | 22.0% | 19.9% | 18.2% | 16.8% | 15.8% | 14.8% | 14.1% | 13.4% | 12.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $375,900 | $394,695 | $414,430 | $435,151 | $456,909 | $479,754 | $503,742 | $528,929 | $555,376 | $583,144 |
| - Loan Balance | ($264,714) | ($260,724) | ($256,520) | ($252,090) | ($247,421) | ($242,501) | ($237,317) | ($231,854) | ($226,097) | ($220,031) |
| = Equity | $111,186 | $133,971 | $157,910 | $183,061 | $209,488 | $237,253 | $266,425 | $297,075 | $329,278 | $363,114 |
| Loan-to-Value Ratio | 70.4% | 66.1% | 61.9% | 57.9% | 54.2% | 50.5% | 47.1% | 43.8% | 40.7% | 37.7% |
| Potential Cash-Out Refi | $17,211 | $35,297 | $54,302 | $74,274 | $95,260 | $117,314 | $140,489 | $164,843 | $190,434 | $217,328 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $111,186 | $133,971 | $157,910 | $183,061 | $209,488 | $237,253 | $266,425 | $297,075 | $329,278 | $363,114 |
| - Closing Costs | ($26,313) | ($27,629) | ($29,010) | ($30,461) | ($31,984) | ($33,583) | ($35,262) | ($37,025) | ($38,876) | ($40,820) |
| = Proceeds After Sale | $84,873 | $106,342 | $128,900 | $152,601 | $177,504 | $203,670 | $231,163 | $260,050 | $290,402 | $322,294 |
| + Cumulative Cash Flow | $6,071 | $12,815 | $20,249 | $28,392 | $37,264 | $46,886 | $57,277 | $68,459 | $80,454 | $93,284 |
| - Approximate Cash Invested | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) |
| = Net Profit | ($16,456) | $11,757 | $41,748 | $73,593 | $107,368 | $143,156 | $181,040 | $221,109 | $263,456 | $308,177 |
| Internal Rate of Return | -15.3% | 5.5% | 12.2% | 14.9% | 16.2% | 16.8% | 17.0% | 17.0% | 17.0% | 16.8% |
| Return on Investment | -15.3% | 10.9% | 38.9% | 68.5% | 100.0% | 133.3% | 168.6% | 205.9% | 245.3% | 286.9% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.