Bend Deal Analysis
Let's look at deal analysis for Bend, OR 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 Bend, Oregon Rental Property
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Typical 20% Down Payment Bend, Oregon Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$688,173
|
|
Purchase Price
|
|
$688,173
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$137,635
|
|
Closing Costs
|
1.000%
|
$6,882
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$130,060
|
|
Total Invested
|
|
$274,576
|
|
Mortgage
|
|
Mortgage Amount
|
|
$550,538.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,465
$3465.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,247
|
|
Property Taxes
|
0.867%
|
$5,966
|
|
Property Insurance
|
0.283%
|
$1,948
|
|
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%
|
$103,226
|
|
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 |
$708,818 |
$730,083 |
$751,985 |
$774,545 |
$797,781 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$20,645 |
$21,265 |
$21,902 |
$22,560 |
$23,236 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,465 |
$3,569 |
$3,676 |
$3,786 |
$3,900 |
| 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 |
$3,465 |
$3,569 |
$3,676 |
$3,786 |
$3,900 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$104 |
$107 |
$110 |
$114 |
$117 |
| Monthly Gross Operating Income |
$3,361 |
$3,462 |
$3,566 |
$3,673 |
$3,783 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,580 |
$42,827 |
$44,112 |
$45,436 |
$46,799 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,580 |
$42,827 |
$44,112 |
$45,436 |
$46,799 |
| Annual Vacancy Dollar |
$1,247 |
$1,285 |
$1,323 |
$1,363 |
$1,404 |
| Annual Gross Operating Income |
$40,333 |
$41,543 |
$42,789 |
$44,073 |
$45,395 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.867% |
0.867% |
0.867% |
0.867% |
0.867% |
| Property Taxes Dollar |
$5,966 |
$6,145 |
$6,330 |
$6,520 |
$6,715 |
| Insurance Percent |
0.283% |
0.283% |
0.283% |
0.283% |
0.283% |
| Insurance Dollar |
$1,948 |
$2,006 |
$2,066 |
$2,128 |
$2,192 |
| 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 |
$4,033 |
$4,154 |
$4,279 |
$4,407 |
$4,539 |
| 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 |
$11,947 |
$12,306 |
$12,675 |
$13,055 |
$13,447 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$28,385 |
$29,237 |
$30,114 |
$31,017 |
$31,948 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$43,953 |
$43,953 |
$43,953 |
$43,953 |
$43,953 |
| Principal |
$5,592 |
$5,997 |
$6,430 |
$6,895 |
$7,394 |
| Interest |
$38,361 |
$37,956 |
$37,523 |
$37,058 |
$36,559 |
| Loan Balance at End of Year |
$544,946 |
$538,949 |
$532,519 |
$525,624 |
$518,230 |
| 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 |
$163,872 |
$191,134 |
$219,466 |
$248,921 |
$279,551 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$15,568 |
-$14,716 |
-$13,839 |
-$12,936 |
-$12,005 |
| Monhtly Cash Flow |
-$1,297 |
-$1,226 |
-$1,153 |
-$1,078 |
-$1,000 |
| Cash on Cash Return on Investment |
-0.057% |
-0.054% |
-0.050% |
-0.047% |
-0.044% |
| 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 |