This document presents a new mathematical model for evaluating water flooding performance in fractured reservoirs. The model transforms a dual-porosity reservoir into an equivalent single-porosity model using a pseudo relative permeability method. This allows fractures and matrix to each have their own permeability, porosity, saturation, and relative permeability parameters. The model also accounts for imbibition effects by modifying an existing equation. The investigation shows imbibition can impact recovery and lower production rates can improve water flooding by delaying breakthrough and controlling water cut rise. A new chart is proposed to estimate ultimate recovery based on water cut versus recovery curves. The model is shown to estimate recovery within 2% of simulation results for two reservoirs, proving it a reliable evaluation method.