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Duplex
Ocala, FL 34472
4 bedrooms 4 bathrooms 2025 year built
2-10 warranty
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $32,280 | $33,248 | $34,246 | $35,273 | $36,331 | $37,421 | $38,544 | $39,700 | $40,891 | $42,118 |
| Vacancy Losses | ($2,582) | ($2,660) | ($2,740) | ($2,822) | ($2,907) | ($2,994) | ($3,084) | ($3,176) | ($3,271) | ($3,369) |
| Operating Income | $29,698 | $30,589 | $31,506 | $32,451 | $33,425 | $34,428 | $35,460 | $36,524 | $37,620 | $38,749 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($5,999) | ($6,178) | ($6,364) | ($6,555) | ($6,751) | ($6,954) | ($7,163) | ($7,377) | ($7,599) | ($7,827) |
| Insurance | ($880) | ($906) | ($933) | ($961) | ($990) | ($1,020) | ($1,051) | ($1,082) | ($1,114) | ($1,148) |
| Management Fees | ($2,376) | ($2,447) | ($2,520) | ($2,596) | ($2,674) | ($2,754) | ($2,837) | ($2,922) | ($3,010) | ($3,100) |
| 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 | ($646) | ($665) | ($685) | ($705) | ($727) | ($748) | ($771) | ($794) | ($818) | ($842) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($9,900) | ($10,197) | ($10,503) | ($10,818) | ($11,142) | ($11,476) | ($11,821) | ($12,175) | ($12,541) | ($12,917) |
| 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 | $19,798 | $20,392 | $21,004 | $21,634 | $22,283 | $22,951 | $23,640 | $24,349 | $25,079 | $25,832 |
| - Mortgage Payments | ($16,668) | ($16,668) | ($16,668) | ($16,668) | ($16,668) | ($16,668) | ($16,668) | ($16,668) | ($16,668) | ($16,668) |
| = Cash Flow | $3,130 | $3,724 | $4,336 | $4,966 | $5,615 | $6,283 | $6,972 | $7,681 | $8,411 | $9,164 |
| + Principal Reduction | $5,515 | $5,725 | $5,944 | $6,171 | $6,406 | $6,650 | $6,904 | $7,167 | $7,441 | $7,725 |
| + Appreciation | $23,994 | $25,434 | $26,960 | $28,577 | $30,292 | $32,109 | $34,036 | $36,078 | $38,243 | $40,537 |
| = Gross Equity Income | $32,639 | $34,883 | $37,239 | $39,714 | $42,313 | $45,043 | $47,912 | $50,927 | $54,095 | $57,426 |
| Capitalization Rate | 4.7% | 4.5% | 4.4% | 4.3% | 4.2% | 4.0% | 3.9% | 3.8% | 3.7% | 3.6% |
| Cash on Cash Return | 2.5% | 3.0% | 3.5% | 4.0% | 4.5% | 5.1% | 5.6% | 6.2% | 6.8% | 7.4% |
| Return on Equity | 25.2% | 21.7% | 19.2% | 17.4% | 16.0% | 14.8% | 13.9% | 13.1% | 12.5% | 11.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $423,894 | $449,328 | $476,287 | $504,865 | $535,156 | $567,266 | $601,302 | $637,380 | $675,623 | $716,160 |
| - Loan Balance | ($294,410) | ($288,685) | ($282,741) | ($276,570) | ($270,164) | ($263,514) | ($256,610) | ($249,442) | ($242,001) | ($234,277) |
| = Equity | $129,484 | $160,643 | $193,546 | $228,294 | $264,992 | $303,752 | $344,692 | $387,937 | $433,621 | $481,883 |
| Loan-to-Value Ratio | 69.5% | 64.2% | 59.4% | 54.8% | 50.5% | 46.5% | 42.7% | 39.1% | 35.8% | 32.7% |
| Potential Cash-Out Refi | $23,510 | $48,311 | $74,475 | $102,078 | $131,203 | $161,935 | $194,366 | $228,592 | $264,715 | $302,843 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $129,484 | $160,643 | $193,546 | $228,294 | $264,992 | $303,752 | $344,692 | $387,937 | $433,621 | $481,883 |
| - Closing Costs | ($29,673) | ($31,453) | ($33,340) | ($35,341) | ($37,461) | ($39,709) | ($42,091) | ($44,617) | ($47,294) | ($50,131) |
| = Proceeds After Sale | $99,811 | $129,190 | $160,206 | $192,954 | $227,531 | $264,043 | $302,601 | $343,321 | $386,328 | $431,752 |
| + Cumulative Cash Flow | $3,130 | $6,854 | $11,189 | $16,155 | $21,770 | $28,053 | $35,025 | $42,706 | $51,117 | $60,281 |
| - Approximate Cash Invested | ($123,879) | ($123,879) | ($123,879) | ($123,879) | ($123,879) | ($123,879) | ($123,879) | ($123,879) | ($123,879) | ($123,879) |
| = Net Profit | ($20,938) | $12,165 | $47,517 | $85,230 | $125,422 | $168,217 | $213,746 | $262,147 | $313,566 | $368,154 |
| Internal Rate of Return | -16.9% | 4.9% | 11.7% | 14.4% | 15.6% | 16.1% | 16.3% | 16.2% | 16.1% | 15.9% |
| Return on Investment | -16.9% | 9.8% | 38.4% | 68.8% | 101.2% | 135.8% | 172.5% | 211.6% | 253.1% | 297.2% |
*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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