Fort Worth Deal Analysis
Let's look at deal analysis for Fort Worth, 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 Fort Worth, Texas Rental Property
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Typical 20% Down Payment Fort Worth, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$280,505
|
|
Purchase Price
|
|
$280,505
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$56,101
|
|
Closing Costs
|
1.000%
|
$2,805
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$58,906
|
|
Mortgage
|
|
Mortgage Amount
|
|
$224,404
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,675
$3675.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,323
|
|
Property Taxes
|
2.476%
|
$6,945
|
|
Property Insurance
|
1.419%
|
$3,980
|
|
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%
|
$42,076
|
|
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 |
$288,920 |
$297,588 |
$306,515 |
$315,711 |
$325,182 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,415 |
$8,668 |
$8,928 |
$9,195 |
$9,471 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,675 |
$3,785 |
$3,899 |
$4,016 |
$4,136 |
| 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 |
$3,675 |
$3,785 |
$3,899 |
$4,016 |
$4,136 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$110 |
$114 |
$117 |
$120 |
$124 |
| Monthly Gross Operating Income |
$3,565 |
$3,672 |
$3,782 |
$3,895 |
$4,012 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$44,100 |
$45,423 |
$46,786 |
$48,189 |
$49,635 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$44,100 |
$45,423 |
$46,786 |
$48,189 |
$49,635 |
| Annual Vacancy Dollar |
$1,323 |
$1,363 |
$1,404 |
$1,446 |
$1,489 |
| Annual Gross Operating Income |
$42,777 |
$44,060 |
$45,382 |
$46,744 |
$48,146 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.476% |
2.476% |
2.476% |
2.476% |
2.476% |
| Property Taxes Dollar |
$6,945 |
$7,154 |
$7,368 |
$7,589 |
$7,817 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$3,980 |
$4,100 |
$4,223 |
$4,349 |
$4,480 |
| 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 |
$4,278 |
$4,406 |
$4,538 |
$4,674 |
$4,815 |
| 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 |
$15,203 |
$15,659 |
$16,129 |
$16,613 |
$17,112 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,574 |
$28,401 |
$29,253 |
$30,130 |
$31,034 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$17,916 |
$17,916 |
$17,916 |
$17,916 |
$17,916 |
| Principal |
$2,280 |
$2,444 |
$2,621 |
$2,811 |
$3,014 |
| Interest |
$15,636 |
$15,471 |
$15,295 |
$15,105 |
$14,902 |
| Loan Balance at End of Year |
$222,124 |
$219,680 |
$217,059 |
$214,248 |
$211,235 |
| 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 |
$66,796 |
$77,908 |
$89,456 |
$101,462 |
$113,947 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$9,658 |
$10,485 |
$11,337 |
$12,215 |
$13,119 |
| Monhtly Cash Flow |
$805 |
$874 |
$945 |
$1,018 |
$1,093 |
| Cash on Cash Return on Investment |
0.164% |
0.178% |
0.192% |
0.207% |
0.223% |
| 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 |