Huntsville Deal Analysis
Let's look at deal analysis for Huntsville, AL 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 Huntsville, Alabama Rental Property
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Typical 20% Down Payment Huntsville, Alabama Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$249,550
|
|
Purchase Price
|
|
$249,550
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$49,910
|
|
Closing Costs
|
1.000%
|
$2,496
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$30,491
|
|
Total Invested
|
|
$82,897
|
|
Mortgage
|
|
Mortgage Amount
|
|
$199,640
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,680
$1680.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$605
|
|
Property Taxes
|
0.566%
|
$1,412
|
|
Property Insurance
|
1.958%
|
$4,886
|
|
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%
|
$37,433
|
|
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 |
$257,037 |
$264,748 |
$272,690 |
$280,871 |
$289,297 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,487 |
$7,711 |
$7,942 |
$8,181 |
$8,426 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,680 |
$1,730 |
$1,782 |
$1,836 |
$1,891 |
| 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 |
$1,680 |
$1,730 |
$1,782 |
$1,836 |
$1,891 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$50 |
$52 |
$53 |
$55 |
$57 |
| Monthly Gross Operating Income |
$1,630 |
$1,678 |
$1,729 |
$1,781 |
$1,834 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$20,160 |
$20,765 |
$21,388 |
$22,029 |
$22,690 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$20,160 |
$20,765 |
$21,388 |
$22,029 |
$22,690 |
| Annual Vacancy Dollar |
$605 |
$623 |
$642 |
$661 |
$681 |
| Annual Gross Operating Income |
$19,555 |
$20,142 |
$20,746 |
$21,368 |
$22,010 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.566% |
0.566% |
0.566% |
0.566% |
0.566% |
| Property Taxes Dollar |
$1,412 |
$1,455 |
$1,498 |
$1,543 |
$1,590 |
| Insurance Percent |
1.958% |
1.958% |
1.958% |
1.958% |
1.958% |
| Insurance Dollar |
$4,886 |
$5,033 |
$5,184 |
$5,339 |
$5,499 |
| 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 |
$1,956 |
$2,014 |
$2,075 |
$2,137 |
$2,201 |
| 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 |
$8,254 |
$8,502 |
$8,757 |
$9,020 |
$9,290 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$11,301 |
$11,640 |
$11,989 |
$12,349 |
$12,719 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,939 |
$15,939 |
$15,939 |
$15,939 |
$15,939 |
| Principal |
$2,028 |
$2,175 |
$2,332 |
$2,500 |
$2,681 |
| Interest |
$13,911 |
$13,764 |
$13,607 |
$13,438 |
$13,257 |
| Loan Balance at End of Year |
$197,612 |
$195,437 |
$193,106 |
$190,605 |
$187,924 |
| 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 |
$59,424 |
$69,310 |
$79,584 |
$90,265 |
$101,373 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$4,637 |
-$4,298 |
-$3,949 |
-$3,590 |
-$3,219 |
| Monhtly Cash Flow |
-$386 |
-$358 |
-$329 |
-$299 |
-$268 |
| Cash on Cash Return on Investment |
-0.056% |
-0.052% |
-0.048% |
-0.043% |
-0.039% |
| 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 |