Fort Collins Deal Analysis
Let's look at deal analysis for Fort Collins, 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 Fort Collins, Colorado Rental Property
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Typical 20% Down Payment Fort Collins, Colorado Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$402,957
|
|
Purchase Price
|
|
$402,957
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$80,591
|
|
Closing Costs
|
1.000%
|
$4,030
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$2,797
|
|
Total Invested
|
|
$87,418
|
|
Mortgage
|
|
Mortgage Amount
|
|
$322,365.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,708
$2707.95
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$975
|
|
Property Taxes
|
0.569%
|
$2,293
|
|
Property Insurance
|
0.508%
|
$2,047
|
|
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%
|
$60,444
|
|
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 |
$415,046 |
$427,497 |
$440,322 |
$453,532 |
$467,138 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,089 |
$12,451 |
$12,825 |
$13,210 |
$13,606 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,708 |
$2,789 |
$2,873 |
$2,959 |
$3,048 |
| 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 |
$2,708 |
$2,789 |
$2,873 |
$2,959 |
$3,048 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$81 |
$84 |
$86 |
$89 |
$91 |
| Monthly Gross Operating Income |
$2,627 |
$2,706 |
$2,787 |
$2,870 |
$2,956 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$32,495 |
$33,470 |
$34,474 |
$35,509 |
$36,574 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$32,495 |
$33,470 |
$34,474 |
$35,509 |
$36,574 |
| Annual Vacancy Dollar |
$975 |
$1,004 |
$1,034 |
$1,065 |
$1,097 |
| Annual Gross Operating Income |
$31,521 |
$32,466 |
$33,440 |
$34,443 |
$35,477 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.569% |
0.569% |
0.569% |
0.569% |
0.569% |
| Property Taxes Dollar |
$2,293 |
$2,362 |
$2,432 |
$2,505 |
$2,581 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$2,047 |
$2,108 |
$2,172 |
$2,237 |
$2,304 |
| 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 |
$3,152 |
$3,247 |
$3,344 |
$3,444 |
$3,548 |
| 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 |
$7,492 |
$7,717 |
$7,948 |
$8,187 |
$8,432 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,029 |
$24,749 |
$25,492 |
$26,257 |
$27,044 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$25,737 |
$25,737 |
$25,737 |
$25,737 |
$25,737 |
| Principal |
$3,275 |
$3,511 |
$3,765 |
$4,037 |
$4,329 |
| Interest |
$22,462 |
$22,225 |
$21,971 |
$21,699 |
$21,407 |
| Loan Balance at End of Year |
$319,091 |
$315,580 |
$311,814 |
$307,777 |
$303,448 |
| 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 |
$95,955 |
$111,918 |
$128,508 |
$145,755 |
$163,690 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,708 |
-$987 |
-$245 |
$520 |
$1,308 |
| Monhtly Cash Flow |
-$142 |
-$82 |
-$20 |
$43 |
$109 |
| Cash on Cash Return on Investment |
-0.020% |
-0.011% |
-0.003% |
0.006% |
0.015% |
| 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 |