Spring Hill Deal Analysis
Let's look at deal analysis for Spring Hill, 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 Spring Hill, Florida Rental Property
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Typical 20% Down Payment Spring Hill, Florida Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$265,289
|
|
Purchase Price
|
|
$265,289
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$53,058
|
|
Closing Costs
|
1.000%
|
$2,653
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$55,711
|
|
Mortgage
|
|
Mortgage Amount
|
|
$212,231.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,394
$2394.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$862
|
|
Property Taxes
|
0.885%
|
$2,348
|
|
Property Insurance
|
1.674%
|
$4,441
|
|
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%
|
$39,793
|
|
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 |
$273,248 |
$281,445 |
$289,888 |
$298,585 |
$307,543 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,959 |
$8,197 |
$8,443 |
$8,697 |
$8,958 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,394 |
$2,466 |
$2,540 |
$2,616 |
$2,694 |
| 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 |
$2,394 |
$2,466 |
$2,540 |
$2,616 |
$2,694 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$72 |
$74 |
$76 |
$78 |
$81 |
| Monthly Gross Operating Income |
$2,322 |
$2,392 |
$2,464 |
$2,538 |
$2,614 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$28,728 |
$29,590 |
$30,478 |
$31,392 |
$32,334 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$28,728 |
$29,590 |
$30,478 |
$31,392 |
$32,334 |
| Annual Vacancy Dollar |
$862 |
$888 |
$914 |
$942 |
$970 |
| Annual Gross Operating Income |
$27,866 |
$28,702 |
$29,563 |
$30,450 |
$31,364 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.885% |
0.885% |
0.885% |
0.885% |
0.885% |
| Property Taxes Dollar |
$2,348 |
$2,418 |
$2,491 |
$2,566 |
$2,642 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$4,441 |
$4,574 |
$4,711 |
$4,853 |
$4,998 |
| 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 |
$2,787 |
$2,870 |
$2,956 |
$3,045 |
$3,136 |
| 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 |
$9,575 |
$9,863 |
$10,159 |
$10,463 |
$10,777 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$18,291 |
$18,840 |
$19,405 |
$19,987 |
$20,586 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$16,944 |
$16,944 |
$16,944 |
$16,944 |
$16,944 |
| Principal |
$2,156 |
$2,312 |
$2,479 |
$2,658 |
$2,850 |
| Interest |
$14,788 |
$14,632 |
$14,465 |
$14,286 |
$14,094 |
| Loan Balance at End of Year |
$210,075 |
$207,764 |
$205,285 |
$202,627 |
$199,777 |
| 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 |
$63,172 |
$73,681 |
$84,604 |
$95,958 |
$107,766 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$1,347 |
$1,896 |
$2,461 |
$3,043 |
$3,643 |
| Monhtly Cash Flow |
$112 |
$158 |
$205 |
$254 |
$304 |
| Cash on Cash Return on Investment |
0.024% |
0.034% |
0.044% |
0.055% |
0.065% |
| 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 |