St Petersburg Deal Analysis
Let's look at deal analysis for St Petersburg, 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 St Petersburg, Florida Rental Property
|
Typical 20% Down Payment St Petersburg, Florida Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$313,133
|
|
Purchase Price
|
|
$313,133
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$62,627
|
|
Closing Costs
|
1.000%
|
$3,131
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$3,844
|
|
Total Invested
|
|
$69,602
|
|
Mortgage
|
|
Mortgage Amount
|
|
$250,506.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,499
$2499.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$900
|
|
Property Taxes
|
0.885%
|
$2,771
|
|
Property Insurance
|
1.674%
|
$5,242
|
|
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%
|
$46,970
|
|
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 |
$322,527 |
$332,203 |
$342,169 |
$352,434 |
$363,007 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$9,394 |
$9,676 |
$9,966 |
$10,265 |
$10,573 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,499 |
$2,574 |
$2,651 |
$2,731 |
$2,813 |
| 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 |
$2,499 |
$2,574 |
$2,651 |
$2,731 |
$2,813 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$75 |
$77 |
$80 |
$82 |
$84 |
| Monthly Gross Operating Income |
$2,424 |
$2,497 |
$2,572 |
$2,649 |
$2,728 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$29,988 |
$30,888 |
$31,814 |
$32,769 |
$33,752 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$29,988 |
$30,888 |
$31,814 |
$32,769 |
$33,752 |
| Annual Vacancy Dollar |
$900 |
$927 |
$954 |
$983 |
$1,013 |
| Annual Gross Operating Income |
$29,088 |
$29,961 |
$30,860 |
$31,786 |
$32,739 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.885% |
0.885% |
0.885% |
0.885% |
0.885% |
| Property Taxes Dollar |
$2,771 |
$2,854 |
$2,940 |
$3,028 |
$3,119 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$5,242 |
$5,399 |
$5,561 |
$5,728 |
$5,900 |
| 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 |
$2,909 |
$2,996 |
$3,086 |
$3,179 |
$3,274 |
| 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 |
$10,922 |
$11,250 |
$11,587 |
$11,935 |
$12,293 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$18,166 |
$18,711 |
$19,273 |
$19,851 |
$20,447 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$20,000 |
$20,000 |
$20,000 |
$20,000 |
$20,000 |
| Principal |
$2,545 |
$2,729 |
$2,926 |
$3,137 |
$3,364 |
| Interest |
$17,455 |
$17,271 |
$17,074 |
$16,862 |
$16,635 |
| Loan Balance at End of Year |
$247,962 |
$245,233 |
$242,307 |
$239,170 |
$235,805 |
| 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 |
$74,565 |
$86,970 |
$99,862 |
$113,264 |
$127,202 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,833 |
-$1,288 |
-$727 |
-$149 |
$447 |
| Monhtly Cash Flow |
-$153 |
-$107 |
-$61 |
-$12 |
$37 |
| Cash on Cash Return on Investment |
-0.026% |
-0.019% |
-0.010% |
-0.002% |
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 |