Washington Deal Analysis
Let's look at deal analysis for Washington, DC 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 Washington, District of Columbia Rental Property
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Typical 20% Down Payment Washington, District of Columbia Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$739,924
|
|
Purchase Price
|
|
$739,924
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$147,985
|
|
Closing Costs
|
1.000%
|
$7,399
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$155,384
|
|
Mortgage
|
|
Mortgage Amount
|
|
$591,939.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$5,458
$5457.90
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,965
|
|
Property Taxes
|
0.575%
|
$4,255
|
|
Property Insurance
|
0.124%
|
$918
|
|
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%
|
$110,989
|
|
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 |
$762,122 |
$784,985 |
$808,535 |
$832,791 |
$857,775 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$22,198 |
$22,864 |
$23,550 |
$24,256 |
$24,984 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,458 |
$5,622 |
$5,790 |
$5,964 |
$6,143 |
| 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 |
$5,458 |
$5,622 |
$5,790 |
$5,964 |
$6,143 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$164 |
$169 |
$174 |
$179 |
$184 |
| Monthly Gross Operating Income |
$5,294 |
$5,453 |
$5,617 |
$5,785 |
$5,959 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$65,495 |
$67,460 |
$69,483 |
$71,568 |
$73,715 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$65,495 |
$67,460 |
$69,483 |
$71,568 |
$73,715 |
| Annual Vacancy Dollar |
$1,965 |
$2,024 |
$2,085 |
$2,147 |
$2,211 |
| Annual Gross Operating Income |
$63,530 |
$65,436 |
$67,399 |
$69,421 |
$71,504 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.575% |
0.575% |
0.575% |
0.575% |
0.575% |
| Property Taxes Dollar |
$4,255 |
$4,382 |
$4,514 |
$4,649 |
$4,789 |
| Insurance Percent |
0.124% |
0.124% |
0.124% |
0.124% |
0.124% |
| Insurance Dollar |
$918 |
$945 |
$973 |
$1,003 |
$1,033 |
| 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 |
$6,353 |
$6,544 |
$6,740 |
$6,942 |
$7,150 |
| 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 |
$11,525 |
$11,871 |
$12,227 |
$12,594 |
$12,972 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$52,005 |
$53,565 |
$55,172 |
$56,827 |
$58,532 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$47,258 |
$47,258 |
$47,258 |
$47,258 |
$47,258 |
| Principal |
$6,013 |
$6,448 |
$6,914 |
$7,414 |
$7,950 |
| Interest |
$41,245 |
$40,811 |
$40,344 |
$39,845 |
$39,309 |
| Loan Balance at End of Year |
$585,926 |
$579,478 |
$572,565 |
$565,151 |
$557,202 |
| 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 |
$176,196 |
$205,507 |
$235,970 |
$267,640 |
$300,573 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$4,747 |
$6,307 |
$7,914 |
$9,569 |
$11,274 |
| Monhtly Cash Flow |
$396 |
$526 |
$659 |
$797 |
$939 |
| Cash on Cash Return on Investment |
0.031% |
0.041% |
0.051% |
0.062% |
0.073% |
| 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 |