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Fully Occupied Brand New Duplex in Edmond
Edmond, OK 73003
3 bedrooms 2.5 bathrooms 2025 year built
3BR, 2.5BA, Built in 2025
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Projected Rent | $45,480 | $46,844 | $48,250 | $49,697 | $51,188 | $52,724 | $54,305 | $55,935 | $57,613 | $59,341 |
| Vacancy Losses | ($3,638) | ($3,748) | ($3,860) | ($3,976) | ($4,095) | ($4,218) | ($4,344) | ($4,475) | ($4,609) | ($4,747) |
| Operating Income | $41,842 | $43,097 | $44,390 | $45,721 | $47,093 | $48,506 | $49,961 | $51,460 | $53,004 | $54,594 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($6,600) | ($6,798) | ($7,002) | ($7,212) | ($7,428) | ($7,651) | ($7,881) | ($8,117) | ($8,361) | ($8,612) |
| Insurance | ($1,980) | ($2,039) | ($2,101) | ($2,164) | ($2,229) | ($2,295) | ($2,364) | ($2,435) | ($2,508) | ($2,583) |
| 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 | ($910) | ($937) | ($965) | ($994) | ($1,024) | ($1,054) | ($1,086) | ($1,119) | ($1,152) | ($1,187) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($9,490) | ($9,774) | ($10,068) | ($10,370) | ($10,681) | ($11,001) | ($11,331) | ($11,671) | ($12,021) | ($12,382) |
| 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 | $32,352 | $33,323 | $34,322 | $35,352 | $36,412 | $37,505 | $38,630 | $39,789 | $40,983 | $42,212 |
| - Mortgage Payments | ($29,281) | ($29,281) | ($29,281) | ($29,281) | ($29,281) | ($29,281) | ($29,281) | ($29,281) | ($29,281) | ($29,281) |
| = Cash Flow | $3,071 | $4,041 | $5,041 | $6,071 | $7,131 | $8,224 | $9,349 | $10,508 | $11,701 | $12,931 |
| + Principal Reduction | $5,185 | $5,498 | $5,830 | $6,181 | $6,555 | $6,950 | $7,370 | $7,815 | $8,286 | $8,786 |
| + Appreciation | $33,000 | $34,980 | $37,079 | $39,304 | $41,662 | $44,161 | $46,811 | $49,620 | $52,597 | $55,753 |
| = Gross Equity Income | $41,256 | $44,519 | $47,950 | $51,556 | $55,348 | $59,335 | $63,530 | $67,942 | $72,585 | $77,470 |
| 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 | 1.9% | 2.4% | 3.1% | 3.7% | 4.3% | 5.0% | 5.7% | 6.4% | 7.1% | 7.8% |
| Return on Equity | 23.5% | 20.6% | 18.5% | 16.9% | 15.7% | 14.7% | 13.9% | 13.2% | 12.6% | 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 | $583,000 | $617,980 | $655,059 | $694,362 | $736,024 | $780,186 | $826,997 | $876,616 | $929,213 | $984,966 |
| - Loan Balance | ($407,315) | ($401,817) | ($395,988) | ($389,806) | ($383,252) | ($376,301) | ($368,932) | ($361,117) | ($352,831) | ($344,045) |
| = Equity | $175,685 | $216,163 | $259,071 | $304,556 | $352,772 | $403,884 | $458,065 | $515,499 | $576,382 | $640,922 |
| Loan-to-Value Ratio | 69.9% | 65.0% | 60.5% | 56.1% | 52.1% | 48.2% | 44.6% | 41.2% | 38.0% | 34.9% |
| Potential Cash-Out Refi | $29,935 | $61,668 | $95,306 | $130,966 | $168,766 | $208,838 | $251,316 | $296,345 | $344,079 | $394,680 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $175,685 | $216,163 | $259,071 | $304,556 | $352,772 | $403,884 | $458,065 | $515,499 | $576,382 | $640,922 |
| - Closing Costs | ($40,810) | ($43,259) | ($45,854) | ($48,605) | ($51,522) | ($54,613) | ($57,890) | ($61,363) | ($65,045) | ($68,948) |
| = Proceeds After Sale | $134,875 | $172,904 | $213,217 | $255,951 | $301,251 | $349,271 | $400,175 | $454,136 | $511,338 | $571,974 |
| + Cumulative Cash Flow | $3,071 | $7,112 | $12,154 | $18,224 | $25,356 | $33,580 | $42,928 | $53,436 | $65,138 | $78,069 |
| - Approximate Cash Invested | ($165,000) | ($165,000) | ($165,000) | ($165,000) | ($165,000) | ($165,000) | ($165,000) | ($165,000) | ($165,000) | ($165,000) |
| = Net Profit | ($27,054) | $15,016 | $60,371 | $109,175 | $161,606 | $217,851 | $278,104 | $342,572 | $411,475 | $485,043 |
| Internal Rate of Return | -16.4% | 4.5% | 11.1% | 13.9% | 15.1% | 15.7% | 15.9% | 15.9% | 15.8% | 15.7% |
| Return on Investment | -16.4% | 9.1% | 36.6% | 66.2% | 97.9% | 132.0% | 168.5% | 207.6% | 249.4% | 294.0% |
*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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