Waterbury Deal Analysis
Let's look at deal analysis for Waterbury, 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 Waterbury, Connecticut Rental Property
|
Typical 20% Down Payment Waterbury, Connecticut Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$196,865
|
|
Purchase Price
|
|
$196,865
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$39,373
|
|
Closing Costs
|
1.000%
|
$1,969
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$32,513
|
|
Total Invested
|
|
$73,855
|
|
Mortgage
|
|
Mortgage Amount
|
|
$157,492
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,575
$1575.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$567
|
|
Property Taxes
|
3.847%
|
$7,573
|
|
Property Insurance
|
0.278%
|
$547
|
|
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%
|
$29,530
|
|
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 |
$202,771 |
$208,854 |
$215,120 |
$221,573 |
$228,220 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,906 |
$6,083 |
$6,266 |
$6,454 |
$6,647 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,575 |
$1,622 |
$1,671 |
$1,721 |
$1,773 |
| 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 |
$1,575 |
$1,622 |
$1,671 |
$1,721 |
$1,773 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$47 |
$49 |
$50 |
$52 |
$53 |
| Monthly Gross Operating Income |
$1,528 |
$1,574 |
$1,621 |
$1,669 |
$1,719 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$18,900 |
$19,467 |
$20,051 |
$20,653 |
$21,272 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$18,900 |
$19,467 |
$20,051 |
$20,653 |
$21,272 |
| Annual Vacancy Dollar |
$567 |
$584 |
$602 |
$620 |
$638 |
| Annual Gross Operating Income |
$18,333 |
$18,883 |
$19,449 |
$20,033 |
$20,634 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
3.847% |
3.847% |
3.847% |
3.847% |
3.847% |
| Property Taxes Dollar |
$7,573 |
$7,801 |
$8,035 |
$8,276 |
$8,524 |
| Insurance Percent |
0.278% |
0.278% |
0.278% |
0.278% |
0.278% |
| Insurance Dollar |
$547 |
$564 |
$581 |
$598 |
$616 |
| 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 |
$1,833 |
$1,888 |
$1,945 |
$2,003 |
$2,063 |
| 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 |
$9,954 |
$10,253 |
$10,560 |
$10,877 |
$11,203 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$8,379 |
$8,630 |
$8,889 |
$9,156 |
$9,431 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$12,574 |
$12,574 |
$12,574 |
$12,574 |
$12,574 |
| Principal |
$1,600 |
$1,715 |
$1,840 |
$1,972 |
$2,115 |
| Interest |
$10,974 |
$10,858 |
$10,734 |
$10,601 |
$10,459 |
| Loan Balance at End of Year |
$155,892 |
$154,177 |
$152,337 |
$150,365 |
$148,250 |
| 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 |
$46,879 |
$54,677 |
$62,783 |
$71,209 |
$79,971 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$4,195 |
-$3,943 |
-$3,684 |
-$3,418 |
-$3,143 |
| Monhtly Cash Flow |
-$350 |
-$329 |
-$307 |
-$285 |
-$262 |
| Cash on Cash Return on Investment |
-0.057% |
-0.053% |
-0.050% |
-0.046% |
-0.043% |
| 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 |