This is a static proforma, easily create your own dynamic proformas for FREE at www.PropertyTracker.com.
Brand New SF Duplex in Edmond
Edmond, OK 73012
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 | $44,400 | $45,732 | $47,104 | $48,517 | $49,973 | $51,472 | $53,016 | $54,606 | $56,245 | $57,932 |
| Vacancy Losses | ($3,552) | ($3,659) | ($3,768) | ($3,881) | ($3,998) | ($4,118) | ($4,241) | ($4,369) | ($4,500) | ($4,635) |
| Operating Income | $40,848 | $42,073 | $43,336 | $44,636 | $45,975 | $47,354 | $48,775 | $50,238 | $51,745 | $53,297 |
| 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 | ($2,035) | ($2,096) | ($2,159) | ($2,224) | ($2,290) | ($2,359) | ($2,430) | ($2,503) | ($2,578) | ($2,655) |
| Management Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Leasing/Advertising Fees | ($600) | ($618) | ($637) | ($656) | ($675) | ($696) | ($716) | ($738) | ($760) | ($783) |
| Association Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Maintenance | ($888) | ($915) | ($942) | ($970) | ($999) | ($1,029) | ($1,060) | ($1,092) | ($1,125) | ($1,159) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($10,123) | ($10,427) | ($10,739) | ($11,062) | ($11,394) | ($11,735) | ($12,087) | ($12,450) | ($12,824) | ($13,208) |
| 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 | $30,725 | $31,647 | $32,596 | $33,574 | $34,581 | $35,619 | $36,687 | $37,788 | $38,922 | $40,089 |
| - Mortgage Payments | ($29,646) | ($29,646) | ($29,646) | ($29,646) | ($29,646) | ($29,646) | ($29,646) | ($29,646) | ($29,646) | ($29,646) |
| = Cash Flow | $1,079 | $2,001 | $2,950 | $3,928 | $4,935 | $5,973 | $7,041 | $8,142 | $9,276 | $10,443 |
| + Principal Reduction | $5,075 | $5,387 | $5,719 | $6,071 | $6,445 | $6,842 | $7,263 | $7,710 | $8,185 | $8,689 |
| + Appreciation | $33,000 | $34,980 | $37,079 | $39,304 | $41,662 | $44,161 | $46,811 | $49,620 | $52,597 | $55,753 |
| = Gross Equity Income | $39,154 | $42,368 | $45,748 | $49,303 | $53,042 | $56,976 | $61,116 | $65,472 | $70,058 | $74,885 |
| Capitalization Rate | 5.3% | 5.1% | 5.0% | 4.8% | 4.7% | 4.6% | 4.4% | 4.3% | 4.2% | 4.1% |
| Cash on Cash Return | 0.8% | 1.5% | 2.1% | 2.9% | 3.6% | 4.3% | 5.1% | 5.9% | 6.7% | 7.6% |
| Return on Equity | 22.3% | 19.6% | 17.7% | 16.2% | 15.1% | 14.1% | 13.4% | 12.7% | 12.2% | 11.7% |
| 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 | ($407,425) | ($402,038) | ($396,318) | ($390,247) | ($383,802) | ($376,960) | ($369,697) | ($361,986) | ($353,801) | ($345,112) |
| = Equity | $175,575 | $215,942 | $258,740 | $304,115 | $352,222 | $403,225 | $457,300 | $514,630 | $575,412 | $639,854 |
| Loan-to-Value Ratio | 69.9% | 65.1% | 60.5% | 56.2% | 52.1% | 48.3% | 44.7% | 41.3% | 38.1% | 35.0% |
| Potential Cash-Out Refi | $29,825 | $61,447 | $94,976 | $130,525 | $168,216 | $208,179 | $250,551 | $295,476 | $343,109 | $393,613 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $175,575 | $215,942 | $258,740 | $304,115 | $352,222 | $403,225 | $457,300 | $514,630 | $575,412 | $639,854 |
| - 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 | $134,765 | $172,684 | $212,886 | $255,510 | $300,700 | $348,612 | $399,410 | $453,267 | $510,367 | $570,907 |
| + Cumulative Cash Flow | $1,079 | $3,080 | $6,030 | $9,958 | $14,894 | $20,867 | $27,908 | $36,050 | $45,326 | $55,769 |
| - Approximate Cash Invested | ($137,500) | ($137,500) | ($137,500) | ($137,500) | ($137,500) | ($137,500) | ($137,500) | ($137,500) | ($137,500) | ($137,500) |
| = Net Profit | ($1,656) | $38,264 | $81,416 | $127,968 | $178,094 | $231,979 | $289,818 | $351,817 | $418,193 | $489,175 |
| Internal Rate of Return | -1.2% | 13.1% | 16.9% | 18.1% | 18.4% | 18.3% | 18.1% | 17.8% | 17.4% | 17.1% |
| Return on Investment | -1.2% | 27.8% | 59.2% | 93.1% | 129.5% | 168.7% | 210.8% | 255.9% | 304.1% | 355.8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Learn How to Read a Performa
