New Partially 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 | $32,400 | $33,372 | $34,373 | $35,404 | $36,466 | $37,560 | $38,687 | $39,848 | $41,043 | $42,275 |
| Vacancy Losses | ($2,592) | ($2,670) | ($2,750) | ($2,832) | ($2,917) | ($3,005) | ($3,095) | ($3,188) | ($3,283) | ($3,382) |
| Operating Income | $29,808 | $30,702 | $31,623 | $32,572 | $33,549 | $34,556 | $35,592 | $36,660 | $37,760 | $38,893 |
| 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 | ($648) | ($672) | ($697) | ($723) | ($749) | ($777) | ($806) | ($836) | ($867) | ($899) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,269) | ($6,501) | ($6,741) | ($6,990) | ($7,249) | ($7,517) | ($7,795) | ($8,084) | ($8,383) | ($8,693) |
| 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 | $23,539 | $24,202 | $24,882 | $25,582 | $26,300 | $27,038 | $27,797 | $28,576 | $29,377 | $30,199 |
| - Mortgage Payments | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) | ($20,631) |
| = Cash Flow | $2,909 | $3,571 | $4,251 | $4,951 | $5,669 | $6,408 | $7,166 | $7,945 | $8,746 | $9,569 |
| + 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 | $23,739 | $25,497 | $27,331 | $29,245 | $31,244 | $33,331 | $35,510 | $37,786 | $40,164 | $42,649 |
| 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 | 2.6% | 3.2% | 3.8% | 4.4% | 5.1% | 5.8% | 6.4% | 7.1% | 7.8% | 8.6% |
| Return on Equity | 21.5% | 19.3% | 17.6% | 16.3% | 15.2% | 14.4% | 13.6% | 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 | $2,909 | $6,480 | $10,731 | $15,682 | $21,351 | $27,759 | $34,925 | $42,870 | $51,616 | $61,185 |
| - 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 | ($24,501) | ($320) | $25,629 | $53,424 | $83,145 | $114,876 | $148,707 | $184,730 | $223,043 | $263,748 |
| Internal Rate of Return | -22.0% | -0.1% | 7.3% | 10.7% | 12.4% | 13.3% | 13.7% | 14.0% | 14.1% | 14.1% |
| Return on Investment | -22.0% | -0.3% | 23.0% | 47.9% | 74.6% | 103.1% | 133.5% | 165.8% | 200.2% | 236.7% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.