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 | $32,460 | $33,434 | $34,437 | $35,470 | $36,534 | $37,630 | $38,759 | $39,922 | $41,119 | $42,353 |
| Vacancy Losses | ($2,597) | ($2,675) | ($2,755) | ($2,838) | ($2,923) | ($3,010) | ($3,101) | ($3,194) | ($3,290) | ($3,388) |
| Operating Income | $29,863 | $30,759 | $31,682 | $32,632 | $33,611 | $34,620 | $35,658 | $36,728 | $37,830 | $38,965 |
| 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 | ($649) | ($673) | ($698) | ($724) | ($751) | ($779) | ($807) | ($837) | ($868) | ($900) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,270) | ($6,502) | ($6,742) | ($6,992) | ($7,251) | ($7,519) | ($7,797) | ($8,085) | ($8,385) | ($8,695) |
| 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 | $23,593 | $24,257 | $24,940 | $25,641 | $26,361 | $27,101 | $27,861 | $28,643 | $29,445 | $30,270 |
| - Mortgage Payments | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) |
| = Cash Flow | $2,963 | $3,627 | $4,309 | $5,010 | $5,730 | $6,470 | $7,230 | $8,012 | $8,814 | $9,639 |
| + Principal Reduction | $2,931 | $3,131 | $3,345 | $3,573 | $3,817 | $4,078 | $4,356 | $4,654 | $4,972 | $5,311 |
| + Appreciation | $17,900 | $18,795 | $19,735 | $20,721 | $21,758 | $22,845 | $23,988 | $25,187 | $26,446 | $27,769 |
| = Gross Equity Income | $23,793 | $25,552 | $27,388 | $29,304 | $31,305 | $33,393 | $35,574 | $37,853 | $40,232 | $42,719 |
| Capitalization Rate | 6.3% | 6.1% | 6.0% | 5.9% | 5.8% | 5.6% | 5.5% | 5.4% | 5.3% | 5.2% |
| Cash on Cash Return | 2.7% | 3.3% | 3.9% | 4.5% | 5.1% | 5.8% | 6.5% | 7.2% | 7.9% | 8.7% |
| Return on Equity | 21.6% | 19.3% | 17.6% | 16.3% | 15.3% | 14.4% | 13.7% | 13.0% | 12.5% | 12.0% |
| 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 | ($265,569) | ($262,439) | ($259,094) | ($255,521) | ($251,704) | ($247,627) | ($243,270) | ($238,617) | ($233,645) | ($228,334) |
| = Equity | $110,331 | $132,256 | $155,336 | $179,630 | $205,205 | $232,128 | $260,472 | $290,312 | $321,730 | $354,810 |
| 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 | $16,356 | $33,583 | $51,728 | $70,842 | $90,977 | $112,189 | $134,536 | $158,080 | $182,887 | $209,024 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $110,331 | $132,256 | $155,336 | $179,630 | $205,205 | $232,128 | $260,472 | $290,312 | $321,730 | $354,810 |
| - 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 | $84,018 | $104,628 | $126,325 | $149,169 | $173,221 | $198,545 | $225,210 | $253,287 | $282,854 | $313,990 |
| + Cumulative Cash Flow | $2,963 | $6,589 | $10,898 | $15,908 | $21,638 | $28,108 | $35,338 | $43,350 | $52,164 | $61,804 |
| - Approximate Cash Invested | ($111,428) | ($111,428) | ($111,428) | ($111,428) | ($111,428) | ($111,428) | ($111,428) | ($111,428) | ($111,428) | ($111,428) |
| = Net Profit | ($24,447) | ($211) | $25,796 | $53,650 | $83,431 | $115,225 | $149,120 | $185,210 | $223,591 | $264,366 |
| Internal Rate of Return | -21.9% | -0.1% | 7.4% | 10.7% | 12.4% | 13.3% | 13.8% | 14.0% | 14.1% | 14.2% |
| Return on Investment | -21.9% | -0.2% | 23.2% | 48.1% | 74.9% | 103.4% | 133.8% | 166.2% | 200.7% | 237.3% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.