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New Construction Fort Worth Duplex
Fort Worth, TX 76104
4 bedrooms 4 bathrooms 2025 year built
DFW New Construction Duplex
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $38,400 | $39,552 | $40,739 | $41,961 | $43,220 | $44,516 | $45,852 | $47,227 | $48,644 | $50,103 |
| Vacancy Losses | ($3,072) | ($3,164) | ($3,259) | ($3,357) | ($3,458) | ($3,561) | ($3,668) | ($3,778) | ($3,892) | ($4,008) |
| Operating Income | $35,328 | $36,388 | $37,479 | $38,604 | $39,762 | $40,955 | $42,183 | $43,449 | $44,752 | $46,095 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($9,307) | ($9,586) | ($9,874) | ($10,170) | ($10,475) | ($10,789) | ($11,113) | ($11,446) | ($11,790) | ($12,144) |
| Insurance | ($2,255) | ($2,323) | ($2,392) | ($2,464) | ($2,538) | ($2,614) | ($2,693) | ($2,773) | ($2,857) | ($2,942) |
| Management Fees | ($2,120) | ($2,183) | ($2,249) | ($2,316) | ($2,386) | ($2,457) | ($2,531) | ($2,607) | ($2,685) | ($2,766) |
| 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 | ($768) | ($791) | ($815) | ($839) | ($864) | ($890) | ($917) | ($945) | ($973) | ($1,002) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($14,450) | ($14,883) | ($15,330) | ($15,790) | ($16,263) | ($16,751) | ($17,254) | ($17,771) | ($18,304) | ($18,854) |
| 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 | $20,878 | $21,505 | $22,150 | $22,814 | $23,499 | $24,204 | $24,930 | $25,678 | $26,448 | $27,241 |
| - Mortgage Payments | ($19,786) | ($19,786) | ($19,786) | ($19,786) | ($19,786) | ($19,786) | ($19,786) | ($19,786) | ($19,786) | ($19,786) |
| = Cash Flow | $1,092 | $1,718 | $2,364 | $3,028 | $3,713 | $4,417 | $5,144 | $5,892 | $6,662 | $7,455 |
| + Principal Reduction | $4,545 | $4,777 | $5,021 | $5,277 | $5,547 | $5,830 | $6,128 | $6,440 | $6,769 | $7,115 |
| + Appreciation | $24,600 | $26,076 | $27,641 | $29,299 | $31,057 | $32,920 | $34,896 | $36,989 | $39,209 | $41,561 |
| = Gross Equity Income | $30,237 | $32,571 | $35,025 | $37,604 | $40,316 | $43,168 | $46,167 | $49,321 | $52,640 | $56,131 |
| Capitalization Rate | 4.8% | 4.7% | 4.5% | 4.4% | 4.3% | 4.2% | 4.0% | 3.9% | 3.8% | 3.7% |
| Cash on Cash Return | 0.8% | 1.3% | 1.8% | 2.3% | 2.8% | 3.3% | 3.9% | 4.5% | 5.0% | 5.6% |
| Return on Equity | 23.0% | 20.0% | 17.9% | 16.4% | 15.1% | 14.1% | 13.3% | 12.7% | 12.1% | 11.6% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $434,600 | $460,676 | $488,317 | $517,616 | $548,672 | $581,593 | $616,488 | $653,478 | $692,686 | $734,248 |
| - Loan Balance | ($302,955) | ($298,178) | ($293,157) | ($287,880) | ($282,333) | ($276,503) | ($270,376) | ($263,935) | ($257,166) | ($250,051) |
| = Equity | $131,645 | $162,498 | $195,159 | $229,736 | $266,339 | $305,090 | $346,113 | $389,543 | $435,520 | $484,197 |
| Loan-to-Value Ratio | 69.7% | 64.7% | 60.0% | 55.6% | 51.5% | 47.5% | 43.9% | 40.4% | 37.1% | 34.1% |
| Potential Cash-Out Refi | $88,185 | $116,430 | $146,328 | $177,974 | $211,472 | $246,930 | $284,464 | $324,195 | $366,252 | $410,772 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $131,645 | $162,498 | $195,159 | $229,736 | $266,339 | $305,090 | $346,113 | $389,543 | $435,520 | $484,197 |
| - Closing Costs | ($30,422) | ($32,247) | ($34,182) | ($36,233) | ($38,407) | ($40,711) | ($43,154) | ($45,743) | ($48,488) | ($51,397) |
| = Proceeds After Sale | $101,223 | $130,251 | $160,977 | $193,503 | $227,932 | $264,378 | $302,959 | $343,799 | $387,032 | $432,799 |
| + Cumulative Cash Flow | $1,092 | $2,811 | $5,174 | $8,202 | $11,915 | $16,332 | $21,476 | $27,367 | $34,029 | $41,485 |
| - Approximate Cash Invested | ($132,225) | ($132,225) | ($132,225) | ($132,225) | ($132,225) | ($132,225) | ($132,225) | ($132,225) | ($132,225) | ($132,225) |
| = Net Profit | ($29,910) | $836 | $33,927 | $69,480 | $107,622 | $148,485 | $192,210 | $238,942 | $288,837 | $342,059 |
| Internal Rate of Return | -22.6% | 0.3% | 8.0% | 11.3% | 12.9% | 13.7% | 14.1% | 14.2% | 14.3% | 14.2% |
| Return on Investment | -22.6% | 0.6% | 25.7% | 52.5% | 81.4% | 112.3% | 145.4% | 180.7% | 218.4% | 258.7% |
*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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