Brand New Duplex in A+ Area-Fully Rented!!
Yukon, OK 73099
6bd • 4ba • Built: 2024
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $36,000 | $37,080 | $38,192 | $39,338 | $40,518 | $41,734 | $42,986 | $44,275 | $45,604 | $46,972 |
| Vacancy Losses | ($2,880) | ($2,966) | ($3,055) | ($3,147) | ($3,241) | ($3,339) | ($3,439) | ($3,542) | ($3,648) | ($3,758) |
| Operating Income | $33,120 | $34,114 | $35,137 | $36,191 | $37,277 | $38,395 | $39,547 | $40,733 | $41,955 | $43,214 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($5,406) | ($5,568) | ($5,735) | ($5,908) | ($6,085) | ($6,267) | ($6,455) | ($6,649) | ($6,848) | ($7,054) |
| Insurance | ($1,644) | ($1,693) | ($1,744) | ($1,796) | ($1,850) | ($1,905) | ($1,962) | ($2,021) | ($2,082) | ($2,144) |
| 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 | ($720) | ($742) | ($764) | ($787) | ($810) | ($835) | ($860) | ($886) | ($912) | ($939) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($7,770) | ($8,003) | ($8,243) | ($8,490) | ($8,745) | ($9,007) | ($9,277) | ($9,556) | ($9,842) | ($10,138) |
| 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 | $25,350 | $26,111 | $26,894 | $27,701 | $28,532 | $29,388 | $30,270 | $31,178 | $32,113 | $33,076 |
| - Mortgage Payments | ($20,273) | ($20,273) | ($20,273) | ($20,273) | ($20,273) | ($20,273) | ($20,273) | ($20,273) | ($20,273) | ($20,273) |
| = Cash Flow | $5,077 | $5,837 | $6,621 | $7,428 | $8,259 | $9,114 | $9,996 | $10,904 | $11,840 | $12,803 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $25,950 | $27,507 | $29,157 | $30,907 | $32,761 | $34,727 | $36,811 | $39,019 | $41,360 | $43,842 |
| = Gross Equity Income | $31,027 | $33,344 | $35,778 | $38,334 | $41,020 | $43,841 | $46,807 | $49,923 | $53,200 | $56,645 |
| Capitalization Rate | 5.5% | 5.4% | 5.2% | 5.1% | 4.9% | 4.8% | 4.7% | 4.5% | 4.4% | 4.3% |
| Cash on Cash Return | 3.8% | 4.4% | 5.0% | 5.6% | 6.2% | 6.9% | 7.5% | 8.2% | 8.9% | 9.6% |
| Return on Equity | 23.1% | 20.6% | 18.8% | 17.3% | 16.1% | 15.2% | 14.4% | 13.7% | 13.1% | 12.6% |
| 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 | ($324,375) | ($324,375) | ($324,375) | ($324,375) | ($324,375) | ($324,375) | ($324,375) | ($324,375) | ($324,375) | ($324,375) |
| = Equity | $134,075 | $161,582 | $190,739 | $221,646 | $254,408 | $289,135 | $325,945 | $364,964 | $406,325 | $450,167 |
| Loan-to-Value Ratio | 70.8% | 66.7% | 63.0% | 59.4% | 56.0% | 52.9% | 49.9% | 47.1% | 44.4% | 41.9% |
| Potential Cash-Out Refi | $19,463 | $40,093 | $61,961 | $85,141 | $109,712 | $135,757 | $163,365 | $192,629 | $223,650 | $256,531 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $134,075 | $161,582 | $190,739 | $221,646 | $254,408 | $289,135 | $325,945 | $364,964 | $406,325 | $450,167 |
| - 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 | $101,984 | $127,565 | $154,681 | $183,425 | $213,893 | $246,189 | $280,423 | $316,711 | $355,176 | $395,949 |
| + Cumulative Cash Flow | $5,077 | $10,914 | $17,535 | $24,962 | $33,221 | $42,335 | $52,332 | $63,236 | $75,075 | $87,878 |
| - Approximate Cash Invested | ($132,994) | ($132,994) | ($132,994) | ($132,994) | ($132,994) | ($132,994) | ($132,994) | ($132,994) | ($132,994) | ($132,994) |
| = Net Profit | ($25,933) | $5,485 | $39,223 | $75,393 | $114,120 | $155,531 | $199,760 | $246,953 | $297,257 | $350,833 |
| Internal Rate of Return | -19.5% | 2.1% | 9.3% | 12.5% | 14.0% | 14.8% | 15.2% | 15.4% | 15.4% | 15.4% |
| Return on Investment | -19.5% | 4.1% | 29.5% | 56.7% | 85.8% | 116.9% | 150.2% | 185.7% | 223.5% | 263.8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.