Lakewood Deal Analysis
Let's look at deal analysis for Lakewood, 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 Lakewood, Colorado Rental Property
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Typical 20% Down Payment Lakewood, Colorado Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$591,144
|
|
Purchase Price
|
|
$591,144
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$118,229
|
|
Closing Costs
|
1.000%
|
$5,911
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$141,478
|
|
Total Invested
|
|
$265,618
|
|
Mortgage
|
|
Mortgage Amount
|
|
$472,915.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,783
$2782.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,002
|
|
Property Taxes
|
0.543%
|
$3,210
|
|
Property Insurance
|
0.508%
|
$3,003
|
|
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%
|
$88,672
|
|
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 |
$608,878 |
$627,145 |
$645,959 |
$665,338 |
$685,298 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$17,734 |
$18,266 |
$18,814 |
$19,379 |
$19,960 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,783 |
$2,866 |
$2,952 |
$3,041 |
$3,132 |
| 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 |
$2,783 |
$2,866 |
$2,952 |
$3,041 |
$3,132 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$83 |
$86 |
$89 |
$91 |
$94 |
| Monthly Gross Operating Income |
$2,699 |
$2,780 |
$2,863 |
$2,949 |
$3,038 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$33,390 |
$34,392 |
$35,423 |
$36,486 |
$37,581 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$33,390 |
$34,392 |
$35,423 |
$36,486 |
$37,581 |
| Annual Vacancy Dollar |
$1,002 |
$1,032 |
$1,063 |
$1,095 |
$1,127 |
| Annual Gross Operating Income |
$32,388 |
$33,360 |
$34,361 |
$35,392 |
$36,453 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.543% |
0.543% |
0.543% |
0.543% |
0.543% |
| Property Taxes Dollar |
$3,210 |
$3,306 |
$3,405 |
$3,508 |
$3,613 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$3,003 |
$3,093 |
$3,186 |
$3,281 |
$3,380 |
| 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 |
$3,239 |
$3,336 |
$3,436 |
$3,539 |
$3,645 |
| 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 |
$9,452 |
$9,735 |
$10,027 |
$10,328 |
$10,638 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,937 |
$23,625 |
$24,333 |
$25,063 |
$25,815 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$37,756 |
$37,756 |
$37,756 |
$37,756 |
$37,756 |
| Principal |
$4,804 |
$5,151 |
$5,524 |
$5,923 |
$6,351 |
| Interest |
$32,952 |
$32,605 |
$32,232 |
$31,833 |
$31,405 |
| Loan Balance at End of Year |
$468,111 |
$462,960 |
$457,436 |
$451,513 |
$445,162 |
| 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 |
$140,767 |
$164,185 |
$188,523 |
$213,824 |
$240,136 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$14,819 |
-$14,131 |
-$13,422 |
-$12,692 |
-$11,941 |
| Monhtly Cash Flow |
-$1,235 |
-$1,178 |
-$1,119 |
-$1,058 |
-$995 |
| 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 |