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New Lawton Construction Duplex
Lawton, OK 73505
6bd • 4ba • Built: 2025
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Lawton, OK 73505
6bd • 4ba • Built: 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 | $31,920 | $32,878 | $33,864 | $34,880 | $35,926 | $37,004 | $38,114 | $39,258 | $40,435 | $41,648 |
| Vacancy Losses | ($2,554) | ($2,630) | ($2,709) | ($2,790) | ($2,874) | ($2,960) | ($3,049) | ($3,141) | ($3,235) | ($3,332) |
| Operating Income | $29,366 | $30,247 | $31,155 | $32,089 | $33,052 | $34,044 | $35,065 | $36,117 | $37,200 | $38,316 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($4,296) | ($4,425) | ($4,558) | ($4,694) | ($4,835) | ($4,980) | ($5,130) | ($5,284) | ($5,442) | ($5,605) |
| Insurance | ($1,396) | ($1,438) | ($1,481) | ($1,526) | ($1,571) | ($1,619) | ($1,667) | ($1,717) | ($1,769) | ($1,822) |
| 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 | ($638) | ($658) | ($677) | ($698) | ($719) | ($740) | ($762) | ($785) | ($809) | ($833) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,331) | ($6,521) | ($6,716) | ($6,918) | ($7,125) | ($7,339) | ($7,559) | ($7,786) | ($8,019) | ($8,260) |
| 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 | $23,036 | $23,727 | $24,439 | $25,172 | $25,927 | $26,705 | $27,506 | $28,331 | $29,181 | $30,056 |
| - Mortgage Payments | ($19,577) | ($19,577) | ($19,577) | ($19,577) | ($19,577) | ($19,577) | ($19,577) | ($19,577) | ($19,577) | ($19,577) |
| = Cash Flow | $3,459 | $4,150 | $4,862 | $5,595 | $6,350 | $7,128 | $7,929 | $8,754 | $9,604 | $10,479 |
| + Principal Reduction | $3,221 | $3,424 | $3,640 | $3,869 | $4,113 | $4,372 | $4,647 | $4,940 | $5,251 | $5,582 |
| + Appreciation | $21,480 | $22,769 | $24,135 | $25,583 | $27,118 | $28,745 | $30,470 | $32,298 | $34,236 | $36,290 |
| = Gross Equity Income | $28,160 | $30,342 | $32,636 | $35,047 | $37,580 | $40,244 | $43,046 | $45,992 | $49,091 | $52,351 |
| Capitalization Rate | 6.1% | 5.9% | 5.7% | 5.6% | 5.4% | 5.3% | 5.1% | 5.0% | 4.8% | 4.7% |
| Cash on Cash Return | 3.2% | 3.9% | 4.5% | 5.2% | 5.9% | 6.6% | 7.4% | 8.2% | 8.9% | 9.8% |
| Return on Equity | 24.7% | 21.6% | 19.4% | 17.7% | 16.4% | 15.4% | 14.5% | 13.8% | 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 | $379,480 | $402,249 | $426,384 | $451,967 | $479,085 | $507,830 | $538,300 | $570,598 | $604,833 | $641,123 |
| - Loan Balance | ($265,279) | ($261,855) | ($258,216) | ($254,347) | ($250,234) | ($245,862) | ($241,215) | ($236,275) | ($231,024) | ($225,443) |
| = Equity | $114,201 | $140,394 | $168,168 | $197,620 | $228,851 | $261,967 | $297,084 | $334,322 | $373,809 | $415,681 |
| Loan-to-Value Ratio | 69.9% | 65.1% | 60.6% | 56.3% | 52.2% | 48.4% | 44.8% | 41.4% | 38.2% | 35.2% |
| Potential Cash-Out Refi | $19,331 | $39,831 | $61,572 | $84,628 | $109,079 | $135,010 | $162,509 | $191,673 | $222,601 | $255,400 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $114,201 | $140,394 | $168,168 | $197,620 | $228,851 | $261,967 | $297,084 | $334,322 | $373,809 | $415,681 |
| - Closing Costs | ($26,564) | ($28,157) | ($29,847) | ($31,638) | ($33,536) | ($35,548) | ($37,681) | ($39,942) | ($42,338) | ($44,879) |
| = Proceeds After Sale | $87,637 | $112,236 | $138,321 | $165,982 | $195,315 | $226,419 | $259,403 | $294,380 | $331,471 | $370,802 |
| + Cumulative Cash Flow | $3,459 | $7,608 | $12,470 | $18,065 | $24,414 | $31,542 | $39,471 | $48,225 | $57,829 | $68,308 |
| - Approximate Cash Invested | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) | ($107,400) |
| = Net Profit | ($16,304) | $12,445 | $43,391 | $76,647 | $112,329 | $150,561 | $191,474 | $235,205 | $281,899 | $331,710 |
| Internal Rate of Return | -15.2% | 5.7% | 12.3% | 15.0% | 16.2% | 16.7% | 16.9% | 16.9% | 16.8% | 16.6% |
| Return on Investment | -15.2% | 11.6% | 40.4% | 71.4% | 104.6% | 140.2% | 178.3% | 219.0% | 262.5% | 308.9% |
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