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Ten Year Performance Projection

New Partially Leased 3/2 Duplex in Lawton!!
Oklahoma
6bd • 4ba • Built: 2025

Projected IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 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 ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 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 AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 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 AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 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 AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 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.
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