Property Information
IN ESCROW
Client
Yukon, OK 73099
6 bedrooms 4 bathrooms
3 Bdrm/2 Bath Per Side - Built in 2024
| Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Rent | $37,680 | $38,810 | $39,975 | $41,174 | $42,409 | $43,681 | $44,992 | $46,342 | $47,732 | $49,164 |
| Vacancy Losses | ($3,014) | ($3,105) | ($3,198) | ($3,294) | ($3,393) | ($3,495) | ($3,599) | ($3,707) | ($3,819) | ($3,933) |
| Operating Income | $34,666 | $35,706 | $36,777 | $37,880 | $39,016 | $40,187 | $41,393 | $42,634 | $43,913 | $45,231 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($5,190) | ($5,346) | ($5,506) | ($5,671) | ($5,841) | ($6,017) | ($6,197) | ($6,383) | ($6,575) | ($6,772) |
| Insurance | ($1,687) | ($1,737) | ($1,789) | ($1,843) | ($1,898) | ($1,955) | ($2,014) | ($2,074) | ($2,137) | ($2,201) |
| 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 | ($754) | ($776) | ($799) | ($823) | ($848) | ($874) | ($900) | ($927) | ($955) | ($983) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($7,630) | ($7,859) | ($8,095) | ($8,338) | ($8,588) | ($8,846) | ($9,111) | ($9,384) | ($9,666) | ($9,956) |
| 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 | $27,035 | $27,846 | $28,682 | $29,542 | $30,428 | $31,341 | $32,282 | $33,250 | $34,247 | $35,275 |
| - Mortgage Payments | ($22,665) | ($22,665) | ($22,665) | ($22,665) | ($22,665) | ($22,665) | ($22,665) | ($22,665) | ($22,665) | ($22,665) |
| = Cash Flow | $4,370 | $5,181 | $6,016 | $6,877 | $7,763 | $8,676 | $9,616 | $10,585 | $11,582 | $12,610 |
| + Principal Reduction | $3,465 | $3,692 | $3,935 | $4,193 | $4,468 | $4,762 | $5,074 | $5,407 | $5,762 | $6,141 |
| + Appreciation | $25,950 | $27,507 | $29,157 | $30,907 | $32,761 | $34,727 | $36,811 | $39,019 | $41,360 | $43,842 |
| = Gross Equity Income | $33,785 | $36,381 | $39,109 | $41,977 | $44,993 | $48,165 | $51,501 | $55,011 | $58,705 | $62,592 |
| Capitalization Rate | 5.9% | 5.7% | 5.6% | 5.4% | 5.3% | 5.1% | 5.0% | 4.8% | 4.7% | 4.6% |
| Cash on Cash Return | 3.4% | 4.0% | 4.6% | 5.3% | 6.0% | 6.7% | 7.4% | 8.2% | 8.9% | 9.7% |
| Return on Equity | 21.2% | 19.1% | 17.5% | 16.2% | 15.2% | 14.4% | 13.7% | 13.0% | 12.5% | 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 | $458,450 | $485,957 | $515,114 | $546,021 | $578,783 | $613,510 | $650,320 | $689,339 | $730,700 | $774,542 |
| - Loan Balance | ($299,285) | ($295,593) | ($291,658) | ($287,464) | ($282,996) | ($278,234) | ($273,160) | ($267,752) | ($261,990) | ($255,849) |
| = Equity | $159,165 | $190,365 | $223,457 | $258,557 | $295,787 | $335,275 | $377,160 | $421,587 | $468,710 | $518,693 |
| Loan-to-Value Ratio | 65.3% | 60.8% | 56.6% | 52.6% | 48.9% | 45.4% | 42.0% | 38.8% | 35.9% | 33.0% |
| Potential Cash-Out Refi | $44,553 | $68,875 | $94,678 | $122,052 | $151,091 | $181,898 | $214,580 | $249,252 | $286,035 | $325,057 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $159,165 | $190,365 | $223,457 | $258,557 | $295,787 | $335,275 | $377,160 | $421,587 | $468,710 | $518,693 |
| - Closing Costs | ($32,092) | ($34,017) | ($36,058) | ($38,221) | ($40,515) | ($42,946) | ($45,522) | ($48,254) | ($51,149) | ($54,218) |
| = Proceeds After Sale | $127,074 | $156,348 | $187,399 | $220,335 | $255,272 | $292,330 | $331,638 | $373,333 | $417,561 | $464,475 |
| + Cumulative Cash Flow | $4,370 | $9,551 | $15,568 | $22,444 | $30,208 | $38,884 | $48,500 | $59,085 | $70,667 | $83,276 |
| - Initial Cash Invested | ($129,750) | ($129,750) | ($129,750) | ($129,750) | ($129,750) | ($129,750) | ($129,750) | ($129,750) | ($129,750) | ($129,750) |
| = Net Profit | $1,694 | $36,149 | $73,216 | $113,030 | $155,729 | $201,463 | $250,388 | $302,668 | $358,478 | $418,001 |
| Internal Rate of Return | 1.3% | 13.3% | 16.5% | 17.6% | 18.0% | 18.0% | 17.8% | 17.6% | 17.3% | 17.0% |
| Return on Investment | 1.3% | 27.9% | 56.4% | 87.1% | 120.0% | 155.3% | 193.0% | 233.3% | 276.3% | 322.2% |
*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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