Brand New Duplex with Garage in Chickasha
Chickasha, OK 73018
4bd • 4ba • Built: 2026
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $30,600 | $31,518 | $32,464 | $33,437 | $34,441 | $35,474 | $36,538 | $37,634 | $38,763 | $39,926 |
| Vacancy Losses | ($2,448) | ($2,521) | ($2,597) | ($2,675) | ($2,755) | ($2,838) | ($2,923) | ($3,011) | ($3,101) | ($3,194) |
| Operating Income | $28,152 | $28,997 | $29,866 | $30,762 | $31,685 | $32,636 | $33,615 | $34,623 | $35,662 | $36,732 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($4,139) | ($4,263) | ($4,391) | ($4,523) | ($4,658) | ($4,798) | ($4,942) | ($5,090) | ($5,243) | ($5,400) |
| Insurance | ($1,311) | ($1,350) | ($1,390) | ($1,432) | ($1,475) | ($1,519) | ($1,565) | ($1,612) | ($1,660) | ($1,710) |
| 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 | ($612) | ($630) | ($649) | ($669) | ($689) | ($709) | ($731) | ($753) | ($775) | ($799) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,061) | ($6,243) | ($6,431) | ($6,623) | ($6,822) | ($7,027) | ($7,238) | ($7,455) | ($7,678) | ($7,909) |
| 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 | $22,091 | $22,753 | $23,436 | $24,139 | $24,863 | $25,609 | $26,377 | $27,169 | $27,984 | $28,823 |
| - Mortgage Payments | ($17,004) | ($17,004) | ($17,004) | ($17,004) | ($17,004) | ($17,004) | ($17,004) | ($17,004) | ($17,004) | ($17,004) |
| = Cash Flow | $5,087 | $5,749 | $6,432 | $7,135 | $7,859 | $8,605 | $9,373 | $10,165 | $10,980 | $11,819 |
| + Principal Reduction | $2,506 | $2,674 | $2,853 | $3,044 | $3,248 | $3,465 | $3,697 | $3,945 | $4,209 | $4,491 |
| + Appreciation | $20,694 | $21,936 | $23,252 | $24,647 | $26,126 | $27,693 | $29,355 | $31,116 | $32,983 | $34,962 |
| = Gross Equity Income | $28,286 | $30,359 | $32,536 | $34,826 | $37,232 | $39,763 | $42,425 | $45,225 | $48,172 | $51,272 |
| Capitalization Rate | 6.0% | 5.9% | 5.7% | 5.5% | 5.4% | 5.2% | 5.1% | 4.9% | 4.8% | 4.7% |
| Cash on Cash Return | 3.7% | 4.2% | 4.7% | 5.2% | 5.7% | 6.2% | 6.8% | 7.4% | 8.0% | 8.6% |
| Return on Equity | 19.7% | 18.0% | 16.7% | 15.7% | 14.8% | 14.1% | 13.4% | 12.9% | 12.4% | 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 | $365,594 | $387,530 | $410,781 | $435,428 | $461,554 | $489,247 | $518,602 | $549,718 | $582,701 | $617,663 |
| - Loan Balance | ($221,679) | ($219,006) | ($216,153) | ($213,109) | ($209,862) | ($206,397) | ($202,700) | ($198,755) | ($194,546) | ($190,056) |
| = Equity | $143,915 | $168,524 | $194,628 | $222,319 | $251,692 | $282,850 | $315,902 | $350,963 | $388,155 | $427,608 |
| Loan-to-Value Ratio | 60.6% | 56.5% | 52.6% | 48.9% | 45.5% | 42.2% | 39.1% | 36.2% | 33.4% | 30.8% |
| Potential Cash-Out Refi | $52,516 | $71,642 | $91,933 | $113,462 | $136,304 | $160,539 | $186,252 | $213,533 | $242,480 | $273,192 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $143,915 | $168,524 | $194,628 | $222,319 | $251,692 | $282,850 | $315,902 | $350,963 | $388,155 | $427,608 |
| - Closing Costs | ($25,592) | ($27,127) | ($28,755) | ($30,480) | ($32,309) | ($34,247) | ($36,302) | ($38,480) | ($40,789) | ($43,236) |
| = Proceeds After Sale | $118,323 | $141,397 | $165,874 | $191,839 | $219,383 | $248,603 | $279,600 | $312,483 | $347,366 | $384,371 |
| + Cumulative Cash Flow | $5,087 | $10,836 | $17,268 | $24,403 | $32,262 | $40,867 | $50,240 | $60,405 | $71,385 | $83,204 |
| - Approximate Cash Invested | ($137,960) | ($137,960) | ($137,960) | ($137,960) | ($137,960) | ($137,960) | ($137,960) | ($137,960) | ($137,960) | ($137,960) |
| = Net Profit | ($14,550) | $14,273 | $45,181 | $78,282 | $113,685 | $151,510 | $191,880 | $234,928 | $280,790 | $329,615 |
| Internal Rate of Return | -10.5% | 5.1% | 10.2% | 12.5% | 13.6% | 14.1% | 14.4% | 14.5% | 14.5% | 14.5% |
| Return on Investment | -10.5% | 10.3% | 32.7% | 56.7% | 82.4% | 109.8% | 139.1% | 170.3% | 203.5% | 238.9% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.