Oklahoma City Deal Analysis
Let's look at deal analysis for Oklahoma City, OK 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 Oklahoma City, Oklahoma Rental Property
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Typical 20% Down Payment Oklahoma City, Oklahoma Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$171,925
|
|
Purchase Price
|
|
$171,925
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$34,385
|
|
Closing Costs
|
1.000%
|
$1,719
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$36,104
|
|
Mortgage
|
|
Mortgage Amount
|
|
$137,540
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,253
$2253.30
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$811
|
|
Property Taxes
|
1.204%
|
$2,070
|
|
Property Insurance
|
3.010%
|
$5,175
|
|
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%
|
$25,789
|
|
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 |
$177,083 |
$182,395 |
$187,867 |
$193,503 |
$199,308 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,158 |
$5,312 |
$5,472 |
$5,636 |
$5,805 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,253 |
$2,321 |
$2,391 |
$2,462 |
$2,536 |
| 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 |
$2,253 |
$2,321 |
$2,391 |
$2,462 |
$2,536 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$68 |
$70 |
$72 |
$74 |
$76 |
| Monthly Gross Operating Income |
$2,186 |
$2,251 |
$2,319 |
$2,388 |
$2,460 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$27,040 |
$27,851 |
$28,686 |
$29,547 |
$30,433 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$27,040 |
$27,851 |
$28,686 |
$29,547 |
$30,433 |
| Annual Vacancy Dollar |
$811 |
$836 |
$861 |
$886 |
$913 |
| Annual Gross Operating Income |
$26,228 |
$27,015 |
$27,826 |
$28,660 |
$29,520 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.204% |
1.204% |
1.204% |
1.204% |
1.204% |
| Property Taxes Dollar |
$2,070 |
$2,132 |
$2,196 |
$2,262 |
$2,330 |
| Insurance Percent |
3.010% |
3.010% |
3.010% |
3.010% |
3.010% |
| Insurance Dollar |
$5,175 |
$5,330 |
$5,490 |
$5,655 |
$5,824 |
| 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 |
$2,623 |
$2,702 |
$2,783 |
$2,866 |
$2,952 |
| 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 |
$9,868 |
$10,164 |
$10,469 |
$10,783 |
$11,106 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,361 |
$16,851 |
$17,357 |
$17,878 |
$18,414 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$10,981 |
$10,981 |
$10,981 |
$10,981 |
$10,981 |
| Principal |
$1,397 |
$1,498 |
$1,606 |
$1,723 |
$1,847 |
| Interest |
$9,584 |
$9,483 |
$9,374 |
$9,258 |
$9,134 |
| Loan Balance at End of Year |
$136,143 |
$134,645 |
$133,038 |
$131,316 |
$129,468 |
| 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 |
$40,940 |
$47,751 |
$54,829 |
$62,188 |
$69,840 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$5,380 |
$5,871 |
$6,376 |
$6,897 |
$7,433 |
| Monhtly Cash Flow |
$448 |
$489 |
$531 |
$575 |
$619 |
| Cash on Cash Return on Investment |
0.149% |
0.163% |
0.177% |
0.191% |
0.206% |
| 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 |