Centennial Deal Analysis
Let's look at deal analysis for Centennial, CO 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 Centennial, Colorado Rental Property
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Typical 20% Down Payment Centennial, Colorado Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$641,125
|
|
Purchase Price
|
|
$641,125
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$128,225
|
|
Closing Costs
|
1.000%
|
$6,411
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$146,867
|
|
Total Invested
|
|
$281,503
|
|
Mortgage
|
|
Mortgage Amount
|
|
$512,900
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,098
$3097.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,115
|
|
Property Taxes
|
0.626%
|
$4,013
|
|
Property Insurance
|
0.508%
|
$3,257
|
|
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%
|
$96,169
|
|
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 |
$660,359 |
$680,170 |
$700,575 |
$721,592 |
$743,240 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$19,234 |
$19,811 |
$20,405 |
$21,017 |
$21,648 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,098 |
$3,190 |
$3,286 |
$3,385 |
$3,486 |
| 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 |
$3,098 |
$3,190 |
$3,286 |
$3,385 |
$3,486 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$93 |
$96 |
$99 |
$102 |
$105 |
| Monthly Gross Operating Income |
$3,005 |
$3,095 |
$3,188 |
$3,283 |
$3,382 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$37,170 |
$38,285 |
$39,434 |
$40,617 |
$41,835 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$37,170 |
$38,285 |
$39,434 |
$40,617 |
$41,835 |
| Annual Vacancy Dollar |
$1,115 |
$1,149 |
$1,183 |
$1,218 |
$1,255 |
| Annual Gross Operating Income |
$36,055 |
$37,137 |
$38,251 |
$39,398 |
$40,580 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.626% |
0.626% |
0.626% |
0.626% |
0.626% |
| Property Taxes Dollar |
$4,013 |
$4,134 |
$4,258 |
$4,386 |
$4,517 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$3,257 |
$3,355 |
$3,455 |
$3,559 |
$3,666 |
| 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 |
$3,605 |
$3,714 |
$3,825 |
$3,940 |
$4,058 |
| 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 |
$10,876 |
$11,202 |
$11,538 |
$11,884 |
$12,241 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$25,179 |
$25,934 |
$26,712 |
$27,514 |
$28,339 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$40,948 |
$40,948 |
$40,948 |
$40,948 |
$40,948 |
| Principal |
$5,210 |
$5,587 |
$5,991 |
$6,424 |
$6,888 |
| Interest |
$35,738 |
$35,361 |
$34,957 |
$34,524 |
$34,060 |
| Loan Balance at End of Year |
$507,690 |
$502,103 |
$496,112 |
$489,689 |
$482,801 |
| 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 |
$152,669 |
$178,066 |
$204,462 |
$231,903 |
$260,439 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$15,769 |
-$15,014 |
-$14,236 |
-$13,434 |
-$12,609 |
| Monhtly Cash Flow |
-$1,314 |
-$1,251 |
-$1,186 |
-$1,120 |
-$1,051 |
| Cash on Cash Return on Investment |
-0.056% |
-0.053% |
-0.051% |
-0.048% |
-0.045% |
| 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 |