Brand New Modern Home in Chickasha- 155k!!

Chickasha, OK 73018
2 bdrm/2 bath - Built in 2025
IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Gross Rent$15,000$15,450$15,914$16,391$16,883$17,389$17,911$18,448$19,002$19,572
Vacancy Losses($1,200)($1,236)($1,273)($1,311)($1,351)($1,391)($1,433)($1,476)($1,520)($1,566)
Operating Income$13,800$14,214$14,640$15,080$15,532$15,998$16,478$16,972$17,481$18,006
ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($1,859)($1,915)($1,972)($2,031)($2,092)($2,155)($2,220)($2,286)($2,355)($2,425)
Insurance($728)($750)($772)($796)($819)($844)($869)($895)($922)($950)
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($300)($309)($318)($328)($338)($348)($358)($369)($380)($391)
Other$0$0$0$0$0$0$0$0$0$0
Operating Expenses($2,887)($2,973)($3,063)($3,155)($3,249)($3,347)($3,447)($3,550)($3,657)($3,767)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income$10,913$11,241$11,578$11,925$12,283$12,651$13,031$13,422$13,824$14,239
- Mortgage Payments($8,927)($8,927)($8,927)($8,927)($8,927)($8,927)($8,927)($8,927)($8,927)($8,927)
= Cash Flow$1,987$2,314$2,651$2,999$3,356$3,725$4,104$4,495$4,898$5,313
+ Principal Reduction$1,268$1,355$1,447$1,546$1,652$1,764$1,885$2,014$2,151$2,298
+ Appreciation$9,294$9,852$10,443$11,069$11,733$12,437$13,184$13,975$14,813$15,702
= Gross Equity Income$12,549$13,520$14,541$15,614$16,741$17,927$19,173$20,484$21,862$23,313
Capitalization Rate6.6%6.5%6.3%6.1%5.9%5.8%5.6%5.4%5.3%5.1%
Cash on Cash Return4.3%5.0%5.7%6.5%7.2%8.0%8.8%9.7%10.5%11.4%
Return on Equity25.5%22.4%20.1%18.4%17.0%15.9%15.0%14.3%13.6%13.1%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value$164,194$174,046$184,488$195,558$207,291$219,729$232,912$246,887$261,700$277,402
- Loan Balance($114,907)($113,552)($112,105)($110,559)($108,908)($107,143)($105,259)($103,245)($101,094)($98,796)
= Equity$49,287$60,493$72,383$84,998$98,383$112,585$127,654$143,642$160,607$178,607
Loan-to-Value Ratio70.0%65.2%60.8%56.5%52.5%48.8%45.2%41.8%38.6%35.6%
Potential Cash-Out Refi$8,239$16,982$26,261$36,109$46,561$57,653$69,426$81,920$95,181$109,256
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity$49,287$60,493$72,383$84,998$98,383$112,585$127,654$143,642$160,607$178,607
- Closing Costs($11,494)($12,183)($12,914)($13,689)($14,510)($15,381)($16,304)($17,282)($18,319)($19,418)
= Proceeds After Sale$37,793$48,310$59,469$71,309$83,873$97,204$111,350$126,360$142,287$159,188
+ Cumulative Cash Flow$1,987$4,301$6,952$9,950$13,307$17,031$21,136$25,631$30,529$35,842
- Initial Cash Invested($46,470)($46,470)($46,470)($46,470)($46,470)($46,470)($46,470)($46,470)($46,470)($46,470)
= Net Profit($6,690)$6,141$19,951$34,790$50,710$67,766$86,016$105,521$126,347$148,560
Internal Rate of Return-14.4%6.5%13.1%15.8%17.0%17.5%17.6%17.6%17.5%17.4%
Return on Investment-14.4%13.2%42.9%74.9%109.1%145.8%185.1%227.1%271.9%319.7%
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.