Anchorage Deal Analysis
Let's look at deal analysis for Anchorage, AK and for 
32 10 20% Down Rental Properties (no Owner-Occupant).
The analysis is based on The World's Greatest Real Estate Deal Analysis Spreadsheet™ (shown above)... a free spreadsheet download you can use to analyze your own deals.
Typical 20% Down Payment Anchorage, Alaska Rental Property
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Typical 20% Down Payment Anchorage, Alaska Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$361,732
|
|
Purchase Price
|
|
$361,732
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$72,346
|
|
Closing Costs
|
1.000%
|
$3,617
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$75,964
|
|
Mortgage
|
|
Mortgage Amount
|
|
$289,385.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,835
$2835.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,021
|
|
Property Taxes
|
1.369%
|
$4,952
|
|
Property Insurance
|
0.388%
|
$1,404
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
|
|
Land Value
|
15.000%
|
$54,260
|
|
Property Type (C or R)
|
R
|
27.5
|
|
Effective Income Tax Rate
|
15.000%
|
|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$372,584 |
$383,761 |
$395,274 |
$407,133 |
$419,347 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,852 |
$11,178 |
$11,513 |
$11,858 |
$12,214 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,835 |
$2,920 |
$3,008 |
$3,098 |
$3,191 |
| Monthly Other Income Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Monthly Gross Potential Income |
$2,835 |
$2,920 |
$3,008 |
$3,098 |
$3,191 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$85 |
$88 |
$90 |
$93 |
$96 |
| Monthly Gross Operating Income |
$2,750 |
$2,832 |
$2,917 |
$3,005 |
$3,095 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,020 |
$35,041 |
$36,092 |
$37,175 |
$38,290 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,020 |
$35,041 |
$36,092 |
$37,175 |
$38,290 |
| Annual Vacancy Dollar |
$1,021 |
$1,051 |
$1,083 |
$1,115 |
$1,149 |
| Annual Gross Operating Income |
$32,999 |
$33,989 |
$35,009 |
$36,059 |
$37,141 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.369% |
1.369% |
1.369% |
1.369% |
1.369% |
| Property Taxes Dollar |
$4,952 |
$5,101 |
$5,254 |
$5,411 |
$5,574 |
| Insurance Percent |
0.388% |
0.388% |
0.388% |
0.388% |
0.388% |
| Insurance Dollar |
$1,404 |
$1,446 |
$1,489 |
$1,534 |
$1,580 |
| HOA Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| HOA Dues Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Utilities Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Utilities Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Other Expense 1 Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Other Expense 1 Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Other Expense 2 Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Other Expense 2 Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Maintenance Percent |
10.000% |
10.000% |
10.000% |
10.000% |
10.000% |
| Maintenance Dollar |
$3,300 |
$3,399 |
$3,501 |
$3,606 |
$3,714 |
| CapEx Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| CapEx Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Property Management Percent |
0.000% |
0.000% |
0.000% |
0.000% |
0.000% |
| Property Management Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Operating Expenses |
$9,656 |
$9,945 |
$10,244 |
$10,551 |
$10,867 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$23,344 |
$24,044 |
$24,765 |
$25,508 |
$26,274 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$23,103 |
$23,103 |
$23,103 |
$23,103 |
$23,103 |
| Principal |
$2,940 |
$3,152 |
$3,380 |
$3,624 |
$3,886 |
| Interest |
$20,164 |
$19,951 |
$19,723 |
$19,479 |
$19,217 |
| Loan Balance at End of Year |
$286,446 |
$283,294 |
$279,914 |
$276,290 |
$272,403 |
| Loan-To-Value |
76.881% |
73.820% |
70.815% |
67.862% |
64.959% |
| Private Mortgage Insurance (PMI) Rate |
0.000% |
0.000% |
0.000% |
0.000% |
0.000% |
| Private Mortgage Insurance Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$86,138 |
$100,468 |
$115,360 |
$130,843 |
$146,943 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$240 |
$941 |
$1,662 |
$2,405 |
$3,170 |
| Monhtly Cash Flow |
$20 |
$78 |
$138 |
$200 |
$264 |
| Cash on Cash Return on Investment |
0.003% |
0.012% |
0.022% |
0.032% |
0.042% |
| Cap Rate |
|
|
|
|
|
| DSCR |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Negative Cash Flow |
$0 |
$0 |
$0 |
$0 |
$0 |
| Cumulative Negative Cash Flow |
$0 |
$0 |
$0 |
$0 |
$0 |