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 | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) |
| = Cash Flow | $3,233 | $3,905 | $4,595 | $5,305 | $6,034 | $6,783 | $7,553 | $8,343 | $9,156 | $9,991 |
| + 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 | $24,063 | $25,830 | $27,674 | $29,599 | $31,608 | $33,706 | $35,896 | $38,184 | $40,574 | $43,071 |
| 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 | 2.9% | 3.5% | 4.1% | 4.8% | 5.4% | 6.1% | 6.8% | 7.5% | 8.2% | 9.0% |
| Return on Equity | 21.8% | 19.5% | 17.8% | 16.5% | 15.4% | 14.5% | 13.8% | 13.2% | 12.6% | 12.1% |
| 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 | $3,233 | $7,137 | $11,732 | $17,037 | $23,071 | $29,854 | $37,406 | $45,750 | $54,906 | $64,897 |
| - 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 | ($24,177) | $337 | $26,630 | $54,779 | $84,864 | $116,971 | $151,188 | $187,609 | $226,332 | $267,459 |
| Internal Rate of Return | -21.7% | 0.2% | 7.6% | 10.9% | 12.6% | 13.5% | 14.0% | 14.2% | 14.3% | 14.3% |
| Return on Investment | -21.7% | 0.3% | 23.9% | 49.2% | 76.2% | 105.0% | 135.7% | 168.4% | 203.1% | 240.0% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.