This is a static proforma, easily create your own dynamic proformas for FREE at www.PropertyTracker.com.
Brand New Duplex with Garage in Chickasha
Chickasha, OK 73018
4bd • 4ba • Built: 2025
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Chickasha, OK 73018
4bd • 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 | $30,600 | $31,518 | $32,464 | $33,437 | $34,441 | $35,474 | $36,538 | $37,634 | $38,763 | $39,926 |
| Vacancy Losses | ($2,448) | ($2,521) | ($2,597) | ($2,675) | ($2,755) | ($2,838) | ($2,923) | ($3,011) | ($3,101) | ($3,194) |
| Operating Income | $28,152 | $28,997 | $29,866 | $30,762 | $31,685 | $32,636 | $33,615 | $34,623 | $35,662 | $36,732 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Property Taxes | ($4,139) | ($4,263) | ($4,391) | ($4,523) | ($4,658) | ($4,798) | ($4,942) | ($5,090) | ($5,243) | ($5,400) |
| Insurance | ($1,449) | ($1,492) | ($1,537) | ($1,583) | ($1,630) | ($1,679) | ($1,730) | ($1,782) | ($1,835) | ($1,890) |
| 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 | ($612) | ($630) | ($649) | ($669) | ($689) | ($709) | ($731) | ($753) | ($775) | ($799) |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | ($6,199) | ($6,385) | ($6,577) | ($6,774) | ($6,977) | ($7,187) | ($7,402) | ($7,624) | ($7,853) | ($8,089) |
| 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 | $21,953 | $22,611 | $23,290 | $23,988 | $24,708 | $25,449 | $26,213 | $26,999 | $27,809 | $28,643 |
| - Mortgage Payments | ($18,861) | ($18,861) | ($18,861) | ($18,861) | ($18,861) | ($18,861) | ($18,861) | ($18,861) | ($18,861) | ($18,861) |
| = Cash Flow | $3,092 | $3,750 | $4,429 | $5,127 | $5,847 | $6,588 | $7,352 | $8,138 | $8,948 | $9,782 |
| + Principal Reduction | $3,103 | $3,299 | $3,507 | $3,727 | $3,962 | $4,212 | $4,477 | $4,759 | $5,059 | $5,378 |
| + Appreciation | $20,694 | $21,936 | $23,252 | $24,647 | $26,126 | $27,693 | $29,355 | $31,116 | $32,983 | $34,962 |
| = Gross Equity Income | $26,889 | $28,985 | $31,187 | $33,502 | $35,935 | $38,493 | $41,184 | $44,013 | $46,990 | $50,122 |
| Capitalization Rate | 6.0% | 5.8% | 5.7% | 5.5% | 5.4% | 5.2% | 5.1% | 4.9% | 4.8% | 4.6% |
| Cash on Cash Return | 3.0% | 3.6% | 4.3% | 5.0% | 5.7% | 6.4% | 7.1% | 7.9% | 8.6% | 9.5% |
| Return on Equity | 24.4% | 21.4% | 19.2% | 17.6% | 16.3% | 15.3% | 14.4% | 13.7% | 13.0% | 12.5% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Value | $365,594 | $387,530 | $410,781 | $435,428 | $461,554 | $489,247 | $518,602 | $549,718 | $582,701 | $617,663 |
| - Loan Balance | ($255,572) | ($252,273) | ($248,767) | ($245,039) | ($241,077) | ($236,865) | ($232,388) | ($227,629) | ($222,570) | ($217,192) |
| = Equity | $110,022 | $135,257 | $162,015 | $190,389 | $220,477 | $252,382 | $286,214 | $322,089 | $360,132 | $400,472 |
| 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 | $18,624 | $38,374 | $59,319 | $81,532 | $105,089 | $130,070 | $156,564 | $184,660 | $214,456 | $246,056 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $110,022 | $135,257 | $162,015 | $190,389 | $220,477 | $252,382 | $286,214 | $322,089 | $360,132 | $400,472 |
| - Closing Costs | ($25,592) | ($27,127) | ($28,755) | ($30,480) | ($32,309) | ($34,247) | ($36,302) | ($38,480) | ($40,789) | ($43,236) |
| = Proceeds After Sale | $84,431 | $108,129 | $133,260 | $159,909 | $188,168 | $218,135 | $249,912 | $283,609 | $319,343 | $357,235 |
| + Cumulative Cash Flow | $3,092 | $6,842 | $11,271 | $16,398 | $22,245 | $28,833 | $36,185 | $44,323 | $53,271 | $63,053 |
| - Approximate Cash Invested | ($103,470) | ($103,470) | ($103,470) | ($103,470) | ($103,470) | ($103,470) | ($103,470) | ($103,470) | ($103,470) | ($103,470) |
| = Net Profit | ($15,948) | $11,501 | $41,061 | $72,837 | $106,943 | $143,498 | $182,627 | $224,462 | $269,144 | $316,818 |
| Internal Rate of Return | -15.4% | 5.5% | 12.1% | 14.8% | 16.0% | 16.5% | 16.7% | 16.7% | 16.6% | 16.5% |
| Return on Investment | -15.4% | 11.1% | 39.7% | 70.4% | 103.4% | 138.7% | 176.5% | 216.9% | 260.1% | 306.2% |
Learn How to Read a Performa
