Columbia Deal Analysis
Let's look at deal analysis for Columbia, MO 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 Columbia, Missouri Rental Property
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Typical 20% Down Payment Columbia, Missouri Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$237,326
|
|
Purchase Price
|
|
$237,326
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$47,465
|
|
Closing Costs
|
1.000%
|
$2,373
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$69,224
|
|
Total Invested
|
|
$119,063
|
|
Mortgage
|
|
Mortgage Amount
|
|
$189,860.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,418
$1417.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$510
|
|
Property Taxes
|
1.046%
|
$2,482
|
|
Property Insurance
|
1.550%
|
$3,679
|
|
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%
|
$35,599
|
|
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 |
$244,446 |
$251,779 |
$259,333 |
$267,113 |
$275,126 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,120 |
$7,333 |
$7,553 |
$7,780 |
$8,013 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,418 |
$1,460 |
$1,504 |
$1,549 |
$1,595 |
| 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 |
$1,418 |
$1,460 |
$1,504 |
$1,549 |
$1,595 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$43 |
$44 |
$45 |
$46 |
$48 |
| Monthly Gross Operating Income |
$1,375 |
$1,416 |
$1,459 |
$1,502 |
$1,548 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$17,010 |
$17,520 |
$18,046 |
$18,587 |
$19,145 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$17,010 |
$17,520 |
$18,046 |
$18,587 |
$19,145 |
| Annual Vacancy Dollar |
$510 |
$526 |
$541 |
$558 |
$574 |
| Annual Gross Operating Income |
$16,500 |
$16,995 |
$17,505 |
$18,030 |
$18,571 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.046% |
1.046% |
1.046% |
1.046% |
1.046% |
| Property Taxes Dollar |
$2,482 |
$2,557 |
$2,634 |
$2,713 |
$2,794 |
| Insurance Percent |
1.550% |
1.550% |
1.550% |
1.550% |
1.550% |
| Insurance Dollar |
$3,679 |
$3,789 |
$3,903 |
$4,020 |
$4,140 |
| 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 |
$1,650 |
$1,699 |
$1,750 |
$1,803 |
$1,857 |
| 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 |
$7,811 |
$8,045 |
$8,287 |
$8,535 |
$8,791 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$8,689 |
$8,949 |
$9,218 |
$9,494 |
$9,779 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,158 |
$15,158 |
$15,158 |
$15,158 |
$15,158 |
| Principal |
$1,929 |
$2,068 |
$2,218 |
$2,378 |
$2,550 |
| Interest |
$13,229 |
$13,090 |
$12,940 |
$12,780 |
$12,608 |
| Loan Balance at End of Year |
$187,932 |
$185,864 |
$183,647 |
$181,269 |
$178,719 |
| 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 |
$56,514 |
$65,915 |
$75,686 |
$85,844 |
$96,407 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$6,469 |
-$6,208 |
-$5,940 |
-$5,663 |
-$5,379 |
| Monhtly Cash Flow |
-$539 |
-$517 |
-$495 |
-$472 |
-$448 |
| Cash on Cash Return on Investment |
-0.054% |
-0.052% |
-0.050% |
-0.048% |
-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 |