Bridgeport Deal Analysis
Let's look at deal analysis for Bridgeport, CT 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 Bridgeport, Connecticut Rental Property
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Typical 20% Down Payment Bridgeport, Connecticut Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$289,346
|
|
Purchase Price
|
|
$289,346
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$57,869
|
|
Closing Costs
|
1.000%
|
$2,893
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$60,763
|
|
Mortgage
|
|
Mortgage Amount
|
|
$231,476.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,145
$3144.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,132
|
|
Property Taxes
|
3.518%
|
$10,179
|
|
Property Insurance
|
0.278%
|
$804
|
|
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%
|
$43,402
|
|
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 |
$298,026 |
$306,967 |
$316,176 |
$325,661 |
$335,431 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,680 |
$8,941 |
$9,209 |
$9,485 |
$9,770 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,145 |
$3,239 |
$3,336 |
$3,436 |
$3,539 |
| 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 |
$3,145 |
$3,239 |
$3,336 |
$3,436 |
$3,539 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$94 |
$97 |
$100 |
$103 |
$106 |
| Monthly Gross Operating Income |
$3,050 |
$3,142 |
$3,236 |
$3,333 |
$3,433 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$37,737 |
$38,869 |
$40,035 |
$41,236 |
$42,473 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$37,737 |
$38,869 |
$40,035 |
$41,236 |
$42,473 |
| Annual Vacancy Dollar |
$1,132 |
$1,166 |
$1,201 |
$1,237 |
$1,274 |
| Annual Gross Operating Income |
$36,605 |
$37,703 |
$38,834 |
$39,999 |
$41,199 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
3.518% |
3.518% |
3.518% |
3.518% |
3.518% |
| Property Taxes Dollar |
$10,179 |
$10,485 |
$10,799 |
$11,123 |
$11,457 |
| Insurance Percent |
0.278% |
0.278% |
0.278% |
0.278% |
0.278% |
| Insurance Dollar |
$804 |
$829 |
$853 |
$879 |
$905 |
| 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 |
$3,660 |
$3,770 |
$3,883 |
$4,000 |
$4,120 |
| 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 |
$14,644 |
$15,083 |
$15,536 |
$16,002 |
$16,482 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,961 |
$22,620 |
$23,298 |
$23,997 |
$24,717 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$18,480 |
$18,480 |
$18,480 |
$18,480 |
$18,480 |
| Principal |
$2,351 |
$2,521 |
$2,704 |
$2,899 |
$3,109 |
| Interest |
$16,129 |
$15,959 |
$15,777 |
$15,581 |
$15,372 |
| Loan Balance at End of Year |
$229,125 |
$226,604 |
$223,901 |
$221,001 |
$217,893 |
| 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 |
$68,901 |
$80,363 |
$92,276 |
$104,660 |
$117,538 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,481 |
$4,139 |
$4,818 |
$5,517 |
$6,237 |
| Monhtly Cash Flow |
$290 |
$345 |
$402 |
$460 |
$520 |
| Cash on Cash Return on Investment |
0.057% |
0.068% |
0.079% |
0.091% |
0.103% |
| 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 |