Jacksonville Deal Analysis
Let's look at deal analysis for Jacksonville, FL 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 Jacksonville, Florida Rental Property
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Typical 20% Down Payment Jacksonville, Florida Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$266,936
|
|
Purchase Price
|
|
$266,936
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$53,387
|
|
Closing Costs
|
1.000%
|
$2,669
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$182,416
|
|
Total Invested
|
|
$238,473
|
|
Mortgage
|
|
Mortgage Amount
|
|
$213,548.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,344
$1344.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$484
|
|
Property Taxes
|
1.016%
|
$2,712
|
|
Property Insurance
|
1.674%
|
$4,469
|
|
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%
|
$40,040
|
|
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 |
$274,944 |
$283,192 |
$291,688 |
$300,439 |
$309,452 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,008 |
$8,248 |
$8,496 |
$8,751 |
$9,013 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,344 |
$1,384 |
$1,426 |
$1,469 |
$1,513 |
| 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 |
$1,344 |
$1,384 |
$1,426 |
$1,469 |
$1,513 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$40 |
$42 |
$43 |
$44 |
$45 |
| Monthly Gross Operating Income |
$1,304 |
$1,343 |
$1,383 |
$1,425 |
$1,467 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$16,128 |
$16,612 |
$17,110 |
$17,624 |
$18,152 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$16,128 |
$16,612 |
$17,110 |
$17,624 |
$18,152 |
| Annual Vacancy Dollar |
$484 |
$498 |
$513 |
$529 |
$545 |
| Annual Gross Operating Income |
$15,644 |
$16,113 |
$16,597 |
$17,095 |
$17,608 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.016% |
1.016% |
1.016% |
1.016% |
1.016% |
| Property Taxes Dollar |
$2,712 |
$2,793 |
$2,877 |
$2,964 |
$3,052 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$4,469 |
$4,603 |
$4,741 |
$4,883 |
$5,029 |
| 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 |
$1,564 |
$1,611 |
$1,660 |
$1,709 |
$1,761 |
| 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 |
$8,745 |
$9,007 |
$9,278 |
$9,556 |
$9,843 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$6,899 |
$7,106 |
$7,319 |
$7,539 |
$7,765 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$17,049 |
$17,049 |
$17,049 |
$17,049 |
$17,049 |
| Principal |
$2,169 |
$2,326 |
$2,494 |
$2,675 |
$2,868 |
| Interest |
$14,880 |
$14,723 |
$14,555 |
$14,374 |
$14,181 |
| Loan Balance at End of Year |
$211,379 |
$209,053 |
$206,559 |
$203,884 |
$201,017 |
| 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 |
$63,565 |
$74,139 |
$85,129 |
$96,554 |
$108,435 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$10,150 |
-$9,943 |
-$9,730 |
-$9,510 |
-$9,284 |
| Monhtly Cash Flow |
-$846 |
-$829 |
-$811 |
-$793 |
-$774 |
| Cash on Cash Return on Investment |
-0.043% |
-0.042% |
-0.041% |
-0.040% |
-0.039% |
| 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 |