Brownsville Deal Analysis
Let's look at deal analysis for Brownsville, TX 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 Brownsville, Texas Rental Property
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Typical 20% Down Payment Brownsville, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$141,122
|
|
Purchase Price
|
|
$141,122
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$28,224
|
|
Closing Costs
|
1.000%
|
$1,411
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$539
|
|
Total Invested
|
|
$30,174
|
|
Mortgage
|
|
Mortgage Amount
|
|
$112,897.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,358
$1357.65
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$489
|
|
Property Taxes
|
2.567%
|
$3,623
|
|
Property Insurance
|
1.419%
|
$2,003
|
|
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%
|
$21,168
|
|
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 |
$145,356 |
$149,716 |
$154,208 |
$158,834 |
$163,599 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,234 |
$4,361 |
$4,491 |
$4,626 |
$4,765 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,358 |
$1,398 |
$1,440 |
$1,484 |
$1,528 |
| 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 |
$1,358 |
$1,398 |
$1,440 |
$1,484 |
$1,528 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$41 |
$42 |
$43 |
$45 |
$46 |
| Monthly Gross Operating Income |
$1,317 |
$1,356 |
$1,397 |
$1,439 |
$1,482 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$16,292 |
$16,781 |
$17,284 |
$17,802 |
$18,337 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$16,292 |
$16,781 |
$17,284 |
$17,802 |
$18,337 |
| Annual Vacancy Dollar |
$489 |
$503 |
$519 |
$534 |
$550 |
| Annual Gross Operating Income |
$15,803 |
$16,277 |
$16,765 |
$17,268 |
$17,786 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.567% |
2.567% |
2.567% |
2.567% |
2.567% |
| Property Taxes Dollar |
$3,623 |
$3,731 |
$3,843 |
$3,959 |
$4,077 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$2,003 |
$2,063 |
$2,124 |
$2,188 |
$2,254 |
| 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 |
$1,580 |
$1,628 |
$1,677 |
$1,727 |
$1,779 |
| 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 |
$7,205 |
$7,422 |
$7,644 |
$7,874 |
$8,110 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$8,598 |
$8,856 |
$9,121 |
$9,395 |
$9,677 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$9,013 |
$9,013 |
$9,013 |
$9,013 |
$9,013 |
| Principal |
$1,147 |
$1,230 |
$1,319 |
$1,414 |
$1,516 |
| Interest |
$7,867 |
$7,784 |
$7,695 |
$7,599 |
$7,497 |
| Loan Balance at End of Year |
$111,751 |
$110,521 |
$109,202 |
$107,789 |
$106,272 |
| 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 |
$33,605 |
$39,195 |
$45,005 |
$51,046 |
$57,327 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$416 |
-$158 |
$108 |
$382 |
$663 |
| Monhtly Cash Flow |
-$35 |
-$13 |
$9 |
$32 |
$55 |
| Cash on Cash Return on Investment |
-0.014% |
-0.005% |
0.004% |
0.013% |
0.022% |
| 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 |