Rochester Deal Analysis
Let's look at deal analysis for Rochester, NY 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 Rochester, New York Rental Property
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Typical 20% Down Payment Rochester, New York Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$147,618
|
|
Purchase Price
|
|
$147,618
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$29,524
|
|
Closing Costs
|
1.000%
|
$1,476
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$31,000
|
|
Mortgage
|
|
Mortgage Amount
|
|
$118,094.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,090
$2089.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$752
|
|
Property Taxes
|
3.359%
|
$4,958
|
|
Property Insurance
|
0.344%
|
$508
|
|
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%
|
$22,143
|
|
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 |
$152,047 |
$156,608 |
$161,306 |
$166,145 |
$171,130 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,429 |
$4,561 |
$4,698 |
$4,839 |
$4,984 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,090 |
$2,152 |
$2,217 |
$2,283 |
$2,352 |
| 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 |
$2,090 |
$2,152 |
$2,217 |
$2,283 |
$2,352 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$63 |
$65 |
$67 |
$68 |
$71 |
| Monthly Gross Operating Income |
$2,027 |
$2,088 |
$2,150 |
$2,215 |
$2,281 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$25,074 |
$25,826 |
$26,601 |
$27,399 |
$28,221 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$25,074 |
$25,826 |
$26,601 |
$27,399 |
$28,221 |
| Annual Vacancy Dollar |
$752 |
$775 |
$798 |
$822 |
$847 |
| Annual Gross Operating Income |
$24,322 |
$25,051 |
$25,803 |
$26,577 |
$27,374 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
3.359% |
3.359% |
3.359% |
3.359% |
3.359% |
| Property Taxes Dollar |
$4,958 |
$5,107 |
$5,260 |
$5,418 |
$5,581 |
| Insurance Percent |
0.344% |
0.344% |
0.344% |
0.344% |
0.344% |
| Insurance Dollar |
$508 |
$523 |
$539 |
$555 |
$572 |
| 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 |
$2,432 |
$2,505 |
$2,580 |
$2,658 |
$2,737 |
| 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 |
$7,898 |
$8,135 |
$8,379 |
$8,631 |
$8,890 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,423 |
$16,916 |
$17,423 |
$17,946 |
$18,485 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$9,428 |
$9,428 |
$9,428 |
$9,428 |
$9,428 |
| Principal |
$1,200 |
$1,286 |
$1,379 |
$1,479 |
$1,586 |
| Interest |
$8,229 |
$8,142 |
$8,049 |
$7,949 |
$7,842 |
| Loan Balance at End of Year |
$116,895 |
$115,609 |
$114,229 |
$112,750 |
$111,164 |
| 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 |
$35,152 |
$40,999 |
$47,077 |
$53,395 |
$59,965 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$6,995 |
$7,488 |
$7,995 |
$8,518 |
$9,056 |
| Monhtly Cash Flow |
$583 |
$624 |
$666 |
$710 |
$755 |
| Cash on Cash Return on Investment |
0.226% |
0.242% |
0.258% |
0.275% |
0.292% |
| 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 |