Windsor Deal Analysis
Let's look at deal analysis for Windsor, 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 Windsor, Colorado Rental Property
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Typical 20% Down Payment Windsor, Colorado Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$547,106
|
|
Purchase Price
|
|
$547,106
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$109,421
|
|
Closing Costs
|
1.000%
|
$5,471
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$115,203
|
|
Total Invested
|
|
$230,096
|
|
Mortgage
|
|
Mortgage Amount
|
|
$437,684.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,620
$2619.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$943
|
|
Property Taxes
|
0.493%
|
$2,697
|
|
Property Insurance
|
0.508%
|
$2,779
|
|
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%
|
$82,066
|
|
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 |
$563,519 |
$580,425 |
$597,837 |
$615,773 |
$634,246 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$16,413 |
$16,906 |
$17,413 |
$17,935 |
$18,473 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,620 |
$2,698 |
$2,779 |
$2,863 |
$2,949 |
| 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 |
$2,620 |
$2,698 |
$2,779 |
$2,863 |
$2,949 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$79 |
$81 |
$83 |
$86 |
$88 |
| Monthly Gross Operating Income |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$31,437 |
$32,380 |
$33,352 |
$34,352 |
$35,383 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$31,437 |
$32,380 |
$33,352 |
$34,352 |
$35,383 |
| Annual Vacancy Dollar |
$943 |
$971 |
$1,001 |
$1,031 |
$1,061 |
| Annual Gross Operating Income |
$30,494 |
$31,409 |
$32,351 |
$33,321 |
$34,321 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.493% |
0.493% |
0.493% |
0.493% |
0.493% |
| Property Taxes Dollar |
$2,697 |
$2,778 |
$2,861 |
$2,947 |
$3,036 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$2,779 |
$2,863 |
$2,949 |
$3,037 |
$3,128 |
| 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 |
$3,049 |
$3,141 |
$3,235 |
$3,332 |
$3,432 |
| 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 |
$8,526 |
$8,782 |
$9,045 |
$9,317 |
$9,596 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,968 |
$22,627 |
$23,306 |
$24,005 |
$24,725 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$34,943 |
$34,943 |
$34,943 |
$34,943 |
$34,943 |
| Principal |
$4,446 |
$4,767 |
$5,112 |
$5,482 |
$5,878 |
| Interest |
$30,497 |
$30,176 |
$29,831 |
$29,461 |
$29,065 |
| Loan Balance at End of Year |
$433,239 |
$428,471 |
$423,359 |
$417,877 |
$412,000 |
| 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 |
$130,280 |
$151,954 |
$174,478 |
$197,895 |
$222,246 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,975 |
-$12,316 |
-$11,637 |
-$10,938 |
-$10,218 |
| Monhtly Cash Flow |
-$1,081 |
-$1,026 |
-$970 |
-$912 |
-$852 |
| Cash on Cash Return on Investment |
-0.056% |
-0.054% |
-0.051% |
-0.048% |
-0.044% |
| 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 |