College Station Deal Analysis
Let's look at deal analysis for College Station, 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 College Station, Texas Rental Property
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Typical 20% Down Payment College Station, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$282,693
|
|
Purchase Price
|
|
$282,693
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$56,539
|
|
Closing Costs
|
1.000%
|
$2,827
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$59,366
|
|
Mortgage
|
|
Mortgage Amount
|
|
$226,154.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,990
$2990.40
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,077
|
|
Property Taxes
|
2.025%
|
$5,725
|
|
Property Insurance
|
1.419%
|
$4,011
|
|
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%
|
$42,404
|
|
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 |
$291,174 |
$299,909 |
$308,906 |
$318,173 |
$327,719 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,481 |
$8,735 |
$8,997 |
$9,267 |
$9,545 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,990 |
$3,080 |
$3,173 |
$3,268 |
$3,366 |
| 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 |
$2,990 |
$3,080 |
$3,173 |
$3,268 |
$3,366 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$90 |
$92 |
$95 |
$98 |
$101 |
| Monthly Gross Operating Income |
$2,901 |
$2,988 |
$3,077 |
$3,170 |
$3,265 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$35,885 |
$36,961 |
$38,070 |
$39,212 |
$40,389 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$35,885 |
$36,961 |
$38,070 |
$39,212 |
$40,389 |
| Annual Vacancy Dollar |
$1,077 |
$1,109 |
$1,142 |
$1,176 |
$1,212 |
| Annual Gross Operating Income |
$34,808 |
$35,853 |
$36,928 |
$38,036 |
$39,177 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.025% |
2.025% |
2.025% |
2.025% |
2.025% |
| Property Taxes Dollar |
$5,725 |
$5,896 |
$6,073 |
$6,255 |
$6,443 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$4,011 |
$4,132 |
$4,256 |
$4,383 |
$4,515 |
| 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 |
$3,481 |
$3,585 |
$3,693 |
$3,804 |
$3,918 |
| 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 |
$13,217 |
$13,613 |
$14,022 |
$14,442 |
$14,876 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,591 |
$22,239 |
$22,906 |
$23,594 |
$24,301 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$18,055 |
$18,055 |
$18,055 |
$18,055 |
$18,055 |
| Principal |
$2,297 |
$2,463 |
$2,641 |
$2,832 |
$3,037 |
| Interest |
$15,758 |
$15,592 |
$15,414 |
$15,223 |
$15,018 |
| Loan Balance at End of Year |
$223,857 |
$221,394 |
$218,752 |
$215,920 |
$212,883 |
| 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 |
$67,317 |
$78,515 |
$90,154 |
$102,254 |
$114,836 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,536 |
$4,184 |
$4,851 |
$5,538 |
$6,246 |
| Monhtly Cash Flow |
$295 |
$349 |
$404 |
$462 |
$521 |
| Cash on Cash Return on Investment |
0.060% |
0.070% |
0.082% |
0.093% |
0.105% |
| 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 |