Fall River Deal Analysis
Let's look at deal analysis for Fall River, MA 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 Fall River, Massachusetts Rental Property
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Typical 20% Down Payment Fall River, Massachusetts Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$349,170
|
|
Purchase Price
|
|
$349,170
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$69,834
|
|
Closing Costs
|
1.000%
|
$3,492
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$126,281
|
|
Total Invested
|
|
$199,606
|
|
Mortgage
|
|
Mortgage Amount
|
|
$279,336
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,628
$1627.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$586
|
|
Property Taxes
|
1.160%
|
$4,050
|
|
Property Insurance
|
0.314%
|
$1,096
|
|
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%
|
$52,376
|
|
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 |
$359,645 |
$370,434 |
$381,547 |
$392,994 |
$404,784 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,475 |
$10,789 |
$11,113 |
$11,446 |
$11,790 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,628 |
$1,676 |
$1,727 |
$1,778 |
$1,832 |
| 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 |
$1,628 |
$1,676 |
$1,727 |
$1,778 |
$1,832 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$49 |
$50 |
$52 |
$53 |
$55 |
| Monthly Gross Operating Income |
$1,579 |
$1,626 |
$1,675 |
$1,725 |
$1,777 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$19,530 |
$20,116 |
$20,719 |
$21,341 |
$21,981 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$19,530 |
$20,116 |
$20,719 |
$21,341 |
$21,981 |
| Annual Vacancy Dollar |
$586 |
$603 |
$622 |
$640 |
$659 |
| Annual Gross Operating Income |
$18,944 |
$19,512 |
$20,098 |
$20,701 |
$21,322 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.160% |
1.160% |
1.160% |
1.160% |
1.160% |
| Property Taxes Dollar |
$4,050 |
$4,172 |
$4,297 |
$4,426 |
$4,559 |
| Insurance Percent |
0.314% |
0.314% |
0.314% |
0.314% |
0.314% |
| Insurance Dollar |
$1,096 |
$1,129 |
$1,163 |
$1,198 |
$1,234 |
| 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 |
$1,894 |
$1,951 |
$2,010 |
$2,070 |
$2,132 |
| 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 |
$7,041 |
$7,252 |
$7,470 |
$7,694 |
$7,925 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$11,903 |
$12,260 |
$12,628 |
$13,007 |
$13,397 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$22,301 |
$22,301 |
$22,301 |
$22,301 |
$22,301 |
| Principal |
$2,838 |
$3,043 |
$3,263 |
$3,498 |
$3,751 |
| Interest |
$19,464 |
$19,259 |
$19,039 |
$18,803 |
$18,550 |
| Loan Balance at End of Year |
$276,498 |
$273,456 |
$270,193 |
$266,695 |
$262,943 |
| 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 |
$83,147 |
$96,979 |
$111,354 |
$126,299 |
$141,840 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$10,398 |
-$10,041 |
-$9,673 |
-$9,295 |
-$8,904 |
| Monhtly Cash Flow |
-$867 |
-$837 |
-$806 |
-$775 |
-$742 |
| Cash on Cash Return on Investment |
-0.052% |
-0.050% |
-0.048% |
-0.047% |
-0.045% |
| 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 |