Largo Deal Analysis
Let's look at deal analysis for Largo, 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 Largo, Florida Rental Property
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Typical 20% Down Payment Largo, Florida Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$310,683
|
|
Purchase Price
|
|
$310,683
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$62,137
|
|
Closing Costs
|
1.000%
|
$3,107
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$7,615
|
|
Total Invested
|
|
$72,859
|
|
Mortgage
|
|
Mortgage Amount
|
|
$248,546.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,489
$2488.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$896
|
|
Property Taxes
|
1.176%
|
$3,654
|
|
Property Insurance
|
1.675%
|
$5,204
|
|
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%
|
$46,602
|
|
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 |
$320,003 |
$329,604 |
$339,492 |
$349,676 |
$360,167 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$9,320 |
$9,600 |
$9,888 |
$10,185 |
$10,490 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,489 |
$2,563 |
$2,640 |
$2,719 |
$2,801 |
| 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 |
$2,489 |
$2,563 |
$2,640 |
$2,719 |
$2,801 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$75 |
$77 |
$79 |
$82 |
$84 |
| Monthly Gross Operating Income |
$2,414 |
$2,486 |
$2,561 |
$2,638 |
$2,717 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$29,862 |
$30,758 |
$31,681 |
$32,631 |
$33,610 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$29,862 |
$30,758 |
$31,681 |
$32,631 |
$33,610 |
| Annual Vacancy Dollar |
$896 |
$923 |
$950 |
$979 |
$1,008 |
| Annual Gross Operating Income |
$28,966 |
$29,835 |
$30,730 |
$31,652 |
$32,602 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.176% |
1.176% |
1.176% |
1.176% |
1.176% |
| Property Taxes Dollar |
$3,654 |
$3,763 |
$3,876 |
$3,992 |
$4,112 |
| Insurance Percent |
1.675% |
1.675% |
1.675% |
1.675% |
1.675% |
| Insurance Dollar |
$5,204 |
$5,360 |
$5,521 |
$5,686 |
$5,857 |
| 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 |
$2,897 |
$2,984 |
$3,073 |
$3,165 |
$3,260 |
| 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 |
$11,754 |
$12,107 |
$12,470 |
$12,844 |
$13,229 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$17,212 |
$17,728 |
$18,260 |
$18,808 |
$19,372 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$19,843 |
$19,843 |
$19,843 |
$19,843 |
$19,843 |
| Principal |
$2,525 |
$2,707 |
$2,903 |
$3,113 |
$3,338 |
| Interest |
$17,318 |
$17,136 |
$16,940 |
$16,730 |
$16,505 |
| Loan Balance at End of Year |
$246,022 |
$243,314 |
$240,411 |
$237,298 |
$233,960 |
| 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 |
$73,982 |
$86,289 |
$99,081 |
$112,378 |
$126,206 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$2,631 |
-$2,115 |
-$1,583 |
-$1,035 |
-$471 |
| Monhtly Cash Flow |
-$219 |
-$176 |
-$132 |
-$86 |
-$39 |
| Cash on Cash Return on Investment |
-0.036% |
-0.029% |
-0.022% |
-0.014% |
-0.006% |
| 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 |