Albuquerque Deal Analysis
Let's look at deal analysis for Albuquerque, NM 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 Albuquerque, New Mexico Rental Property
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Typical 20% Down Payment Albuquerque, New Mexico Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$269,552
|
|
Purchase Price
|
|
$269,552
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$53,910
|
|
Closing Costs
|
1.000%
|
$2,696
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$9,036
|
|
Total Invested
|
|
$65,642
|
|
Mortgage
|
|
Mortgage Amount
|
|
$215,641.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,864
$1863.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$671
|
|
Property Taxes
|
1.102%
|
$2,970
|
|
Property Insurance
|
0.748%
|
$2,016
|
|
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%
|
$40,433
|
|
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 |
$277,639 |
$285,968 |
$294,547 |
$303,383 |
$312,485 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,087 |
$8,329 |
$8,579 |
$8,836 |
$9,101 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,864 |
$1,920 |
$1,977 |
$2,037 |
$2,098 |
| 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 |
$1,864 |
$1,920 |
$1,977 |
$2,037 |
$2,098 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$56 |
$58 |
$59 |
$61 |
$63 |
| Monthly Gross Operating Income |
$1,808 |
$1,862 |
$1,918 |
$1,975 |
$2,035 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$22,365 |
$23,036 |
$23,727 |
$24,439 |
$25,172 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$22,365 |
$23,036 |
$23,727 |
$24,439 |
$25,172 |
| Annual Vacancy Dollar |
$671 |
$691 |
$712 |
$733 |
$755 |
| Annual Gross Operating Income |
$21,694 |
$22,345 |
$23,015 |
$23,706 |
$24,417 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.102% |
1.102% |
1.102% |
1.102% |
1.102% |
| Property Taxes Dollar |
$2,970 |
$3,060 |
$3,151 |
$3,246 |
$3,343 |
| Insurance Percent |
0.748% |
0.748% |
0.748% |
0.748% |
0.748% |
| Insurance Dollar |
$2,016 |
$2,077 |
$2,139 |
$2,203 |
$2,269 |
| 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 |
$2,169 |
$2,234 |
$2,302 |
$2,371 |
$2,442 |
| 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 |
$7,156 |
$7,371 |
$7,592 |
$7,820 |
$8,054 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,538 |
$14,974 |
$15,423 |
$15,886 |
$16,363 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$17,216 |
$17,216 |
$17,216 |
$17,216 |
$17,216 |
| Principal |
$2,191 |
$2,349 |
$2,519 |
$2,701 |
$2,896 |
| Interest |
$15,026 |
$14,867 |
$14,697 |
$14,515 |
$14,320 |
| Loan Balance at End of Year |
$213,451 |
$211,102 |
$208,584 |
$205,883 |
$202,987 |
| 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 |
$64,187 |
$74,866 |
$85,963 |
$97,500 |
$109,498 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$2,678 |
-$2,242 |
-$1,793 |
-$1,330 |
-$853 |
| Monhtly Cash Flow |
-$223 |
-$187 |
-$149 |
-$111 |
-$71 |
| Cash on Cash Return on Investment |
-0.041% |
-0.034% |
-0.027% |
-0.020% |
-0.013% |
| 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 |