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 | $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 | ($4,362) | ($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 | ($655) | ($679) | ($705) | ($731) | ($758) | ($786) | ($815) | ($845) | ($876) | ($909) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,362) | ($6,598) | ($6,842) | ($7,095) | ($7,357) | ($7,630) | ($7,912) | ($8,205) | ($8,508) | ($8,823) |
| 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 | $23,777 | $24,446 | $25,133 | $25,839 | $26,565 | $27,310 | $28,076 | $28,863 | $29,671 | $30,502 |
| - Mortgage Payments | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) | ($20,948) |
| = Cash Flow | $2,829 | $3,498 | $4,185 | $4,891 | $5,617 | $6,362 | $7,128 | $7,915 | $8,724 | $9,554 |
| + 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 | $23,980 | $25,761 | $27,619 | $29,559 | $31,584 | $33,699 | $35,908 | $38,214 | $40,624 | $43,142 |
| Capitalization Rate | 6.2% | 6.1% | 6.0% | 5.8% | 5.7% | 5.6% | 5.5% | 5.4% | 5.3% | 5.2% |
| Cash on Cash Return | 2.5% | 3.1% | 3.7% | 4.3% | 5.0% | 5.6% | 6.3% | 7.0% | 7.7% | 8.4% |
| Return on Equity | 21.4% | 19.2% | 17.5% | 16.2% | 15.2% | 14.3% | 13.6% | 13.0% | 12.4% | 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 | $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 | $2,829 | $6,327 | $10,512 | $15,404 | $21,021 | $27,383 | $34,511 | $42,426 | $51,150 | $60,704 |
| - 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 | ($25,002) | ($577) | $25,640 | $53,726 | $83,764 | $115,839 | $150,042 | $186,466 | $225,211 | $266,380 |
| Internal Rate of Return | -22.1% | -0.3% | 7.2% | 10.6% | 12.3% | 13.2% | 13.7% | 13.9% | 14.0% | 14.1% |
| Return on Investment | -22.1% | -0.5% | 22.7% | 47.5% | 74.0% | 102.4% | 132.6% | 164.8% | 199.1% | 235.4% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.