Chandler Deal Analysis
Let's look at deal analysis for Chandler, AZ 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 Chandler, Arizona Rental Property
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Typical 20% Down Payment Chandler, Arizona Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$472,933
|
|
Purchase Price
|
|
$472,933
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$94,587
|
|
Closing Costs
|
1.000%
|
$4,729
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$42,591
|
|
Total Invested
|
|
$141,907
|
|
Mortgage
|
|
Mortgage Amount
|
|
$378,346.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,623
$2622.90
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$944
|
|
Property Taxes
|
0.594%
|
$2,809
|
|
Property Insurance
|
0.442%
|
$2,090
|
|
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%
|
$70,940
|
|
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 |
$487,121 |
$501,735 |
$516,787 |
$532,290 |
$548,259 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$14,188 |
$14,614 |
$15,052 |
$15,504 |
$15,969 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,623 |
$2,702 |
$2,783 |
$2,866 |
$2,952 |
| 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 |
$2,623 |
$2,702 |
$2,783 |
$2,866 |
$2,952 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$79 |
$81 |
$83 |
$86 |
$89 |
| Monthly Gross Operating Income |
$2,544 |
$2,621 |
$2,699 |
$2,780 |
$2,864 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$31,475 |
$32,419 |
$33,392 |
$34,393 |
$35,425 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$31,475 |
$32,419 |
$33,392 |
$34,393 |
$35,425 |
| Annual Vacancy Dollar |
$944 |
$973 |
$1,002 |
$1,032 |
$1,063 |
| Annual Gross Operating Income |
$30,531 |
$31,446 |
$32,390 |
$33,362 |
$34,362 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.594% |
0.594% |
0.594% |
0.594% |
0.594% |
| Property Taxes Dollar |
$2,809 |
$2,893 |
$2,980 |
$3,070 |
$3,162 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$2,090 |
$2,153 |
$2,218 |
$2,284 |
$2,353 |
| 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 |
$3,053 |
$3,145 |
$3,239 |
$3,336 |
$3,436 |
| 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 |
$7,953 |
$8,191 |
$8,437 |
$8,690 |
$8,951 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,578 |
$23,255 |
$23,953 |
$24,671 |
$25,412 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$30,206 |
$30,206 |
$30,206 |
$30,206 |
$30,206 |
| Principal |
$3,843 |
$4,121 |
$4,419 |
$4,739 |
$5,081 |
| Interest |
$26,362 |
$26,085 |
$25,787 |
$25,467 |
$25,125 |
| Loan Balance at End of Year |
$374,503 |
$370,382 |
$365,963 |
$361,224 |
$356,143 |
| 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 |
$112,618 |
$131,353 |
$150,824 |
$171,066 |
$192,116 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,628 |
-$6,951 |
-$6,253 |
-$5,534 |
-$4,794 |
| Monhtly Cash Flow |
-$636 |
-$579 |
-$521 |
-$461 |
-$400 |
| Cash on Cash Return on Investment |
-0.054% |
-0.049% |
-0.044% |
-0.039% |
-0.034% |
| 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 |