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Brand New Duplex in Chickasha-Fully leased
Chickasha, OK 73018
4 bedrooms 4 bathrooms 2025 year built
4 bdrm / 4 bath - 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 | $30,000 | $30,900 | $31,827 | $32,782 | $33,765 | $34,778 | $35,822 | $36,896 | $38,003 | $39,143 |
| Vacancy Losses | ($2,400) | ($2,472) | ($2,546) | ($2,623) | ($2,701) | ($2,782) | ($2,866) | ($2,952) | ($3,040) | ($3,131) |
| Operating Income | $27,600 | $28,428 | $29,281 | $30,159 | $31,064 | $31,996 | $32,956 | $33,945 | $34,963 | $36,012 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($4,094) | ($4,217) | ($4,343) | ($4,473) | ($4,608) | ($4,746) | ($4,888) | ($5,035) | ($5,186) | ($5,341) |
| Insurance | ($1,277) | ($1,316) | ($1,355) | ($1,396) | ($1,438) | ($1,481) | ($1,525) | ($1,571) | ($1,618) | ($1,667) |
| 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 | ($600) | ($618) | ($637) | ($656) | ($675) | ($696) | ($716) | ($738) | ($760) | ($783) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($5,971) | ($6,150) | ($6,335) | ($6,525) | ($6,720) | ($6,922) | ($7,130) | ($7,344) | ($7,564) | ($7,791) |
| 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 | $21,629 | $22,278 | $22,946 | $23,635 | $24,344 | $25,074 | $25,826 | $26,601 | $27,399 | $28,221 |
| - Mortgage Payments | ($17,436) | ($17,436) | ($17,436) | ($17,436) | ($17,436) | ($17,436) | ($17,436) | ($17,436) | ($17,436) | ($17,436) |
| = Cash Flow | $4,193 | $4,842 | $5,511 | $6,199 | $6,908 | $7,638 | $8,391 | $9,165 | $9,963 | $10,785 |
| + Principal Reduction | $3,087 | $3,274 | $3,471 | $3,681 | $3,903 | $4,138 | $4,388 | $4,653 | $4,934 | $5,232 |
| + Appreciation | $19,650 | $20,829 | $22,079 | $23,403 | $24,808 | $26,296 | $27,874 | $29,546 | $31,319 | $33,198 |
| = Gross Equity Income | $26,931 | $28,945 | $31,061 | $33,283 | $35,619 | $38,073 | $40,653 | $43,365 | $46,217 | $49,216 |
| Capitalization Rate | 6.2% | 6.1% | 5.9% | 5.7% | 5.6% | 5.4% | 5.2% | 5.1% | 5.0% | 4.8% |
| Cash on Cash Return | 4.3% | 4.9% | 5.6% | 6.3% | 7.0% | 7.8% | 8.5% | 9.3% | 10.1% | 11.0% |
| Return on Equity | 25.7% | 22.5% | 20.1% | 18.4% | 17.0% | 15.8% | 14.9% | 14.1% | 13.5% | 12.9% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $347,150 | $367,979 | $390,058 | $413,461 | $438,269 | $464,565 | $492,439 | $521,985 | $553,304 | $586,503 |
| - Loan Balance | ($242,538) | ($239,264) | ($235,793) | ($232,112) | ($228,209) | ($224,071) | ($219,682) | ($215,029) | ($210,095) | ($204,863) |
| = Equity | $104,612 | $128,715 | $154,265 | $181,349 | $210,060 | $240,494 | $272,757 | $306,956 | $343,209 | $381,639 |
| 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 | $17,825 | $36,720 | $56,751 | $77,984 | $100,493 | $124,353 | $149,647 | $176,460 | $204,883 | $235,014 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $104,612 | $128,715 | $154,265 | $181,349 | $210,060 | $240,494 | $272,757 | $306,956 | $343,209 | $381,639 |
| - Closing Costs | ($24,301) | ($25,759) | ($27,304) | ($28,942) | ($30,679) | ($32,520) | ($34,471) | ($36,539) | ($38,731) | ($41,055) |
| = Proceeds After Sale | $80,312 | $102,956 | $126,961 | $152,407 | $179,381 | $207,975 | $238,286 | $270,417 | $304,478 | $340,584 |
| + Cumulative Cash Flow | $4,193 | $9,036 | $14,547 | $20,746 | $27,654 | $35,292 | $43,683 | $52,848 | $62,812 | $73,597 |
| - Approximate Cash Invested | ($98,250) | ($98,250) | ($98,250) | ($98,250) | ($98,250) | ($98,250) | ($98,250) | ($98,250) | ($98,250) | ($98,250) |
| = Net Profit | ($13,745) | $13,742 | $43,257 | $74,902 | $108,785 | $145,017 | $183,719 | $225,015 | $269,039 | $315,931 |
| Internal Rate of Return | -14.0% | 6.9% | 13.4% | 16.0% | 17.2% | 17.6% | 17.7% | 17.7% | 17.6% | 17.4% |
| Return on Investment | -14.0% | 14.0% | 44.0% | 76.2% | 110.7% | 147.6% | 187.0% | 229.0% | 273.8% | 321.6% |
*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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