Lewisville Deal Analysis
Let's look at deal analysis for Lewisville, 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 Lewisville, Texas Rental Property
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Typical 20% Down Payment Lewisville, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$366,066
|
|
Purchase Price
|
|
$366,066
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$73,213
|
|
Closing Costs
|
1.000%
|
$3,661
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$93,436
|
|
Total Invested
|
|
$170,310
|
|
Mortgage
|
|
Mortgage Amount
|
|
$292,852.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,518
$2517.90
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$906
|
|
Property Taxes
|
1.976%
|
$7,233
|
|
Property Insurance
|
1.419%
|
$5,194
|
|
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%
|
$54,910
|
|
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 |
$377,048 |
$388,359 |
$400,010 |
$412,011 |
$424,371 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,982 |
$11,311 |
$11,651 |
$12,000 |
$12,360 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,518 |
$2,593 |
$2,671 |
$2,751 |
$2,834 |
| 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 |
$2,518 |
$2,593 |
$2,671 |
$2,751 |
$2,834 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$76 |
$78 |
$80 |
$83 |
$85 |
| Monthly Gross Operating Income |
$2,442 |
$2,516 |
$2,591 |
$2,669 |
$2,749 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$30,215 |
$31,121 |
$32,055 |
$33,017 |
$34,007 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$30,215 |
$31,121 |
$32,055 |
$33,017 |
$34,007 |
| Annual Vacancy Dollar |
$906 |
$934 |
$962 |
$990 |
$1,020 |
| Annual Gross Operating Income |
$29,308 |
$30,188 |
$31,093 |
$32,026 |
$32,987 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.976% |
1.976% |
1.976% |
1.976% |
1.976% |
| Property Taxes Dollar |
$7,233 |
$7,450 |
$7,674 |
$7,904 |
$8,141 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$5,194 |
$5,350 |
$5,511 |
$5,676 |
$5,846 |
| 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 |
$2,931 |
$3,019 |
$3,109 |
$3,203 |
$3,299 |
| 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 |
$15,359 |
$15,820 |
$16,294 |
$16,783 |
$17,286 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,950 |
$14,368 |
$14,799 |
$15,243 |
$15,700 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$23,380 |
$23,380 |
$23,380 |
$23,380 |
$23,380 |
| Principal |
$2,975 |
$3,190 |
$3,421 |
$3,668 |
$3,933 |
| Interest |
$20,405 |
$20,190 |
$19,960 |
$19,713 |
$19,447 |
| Loan Balance at End of Year |
$289,878 |
$286,688 |
$283,267 |
$279,600 |
$275,667 |
| 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 |
$87,170 |
$101,671 |
$116,743 |
$132,411 |
$148,704 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,431 |
-$9,012 |
-$8,581 |
-$8,137 |
-$7,680 |
| Monhtly Cash Flow |
-$786 |
-$751 |
-$715 |
-$678 |
-$640 |
| Cash on Cash Return on Investment |
-0.055% |
-0.053% |
-0.050% |
-0.048% |
-0.045% |
| 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 |