San Antonio Deal Analysis
Let's look at deal analysis for San Antonio, 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 San Antonio, Texas Rental Property
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Typical 20% Down Payment San Antonio, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$260,787
|
|
Purchase Price
|
|
$260,787
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$52,157
|
|
Closing Costs
|
1.000%
|
$2,608
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$86,483
|
|
Total Invested
|
|
$141,249
|
|
Mortgage
|
|
Mortgage Amount
|
|
$208,629.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,838
$1837.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$662
|
|
Property Taxes
|
2.450%
|
$6,389
|
|
Property Insurance
|
1.419%
|
$3,701
|
|
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%
|
$39,118
|
|
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 |
$268,611 |
$276,669 |
$284,969 |
$293,518 |
$302,324 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,824 |
$8,058 |
$8,300 |
$8,549 |
$8,806 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,838 |
$1,893 |
$1,949 |
$2,008 |
$2,068 |
| 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 |
$1,838 |
$1,893 |
$1,949 |
$2,008 |
$2,068 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$55 |
$57 |
$58 |
$60 |
$62 |
| Monthly Gross Operating Income |
$1,782 |
$1,836 |
$1,891 |
$1,948 |
$2,006 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$22,050 |
$22,712 |
$23,393 |
$24,095 |
$24,817 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$22,050 |
$22,712 |
$23,393 |
$24,095 |
$24,817 |
| Annual Vacancy Dollar |
$662 |
$681 |
$702 |
$723 |
$745 |
| Annual Gross Operating Income |
$21,389 |
$22,030 |
$22,691 |
$23,372 |
$24,073 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.450% |
2.450% |
2.450% |
2.450% |
2.450% |
| Property Taxes Dollar |
$6,389 |
$6,581 |
$6,778 |
$6,982 |
$7,191 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$3,701 |
$3,812 |
$3,926 |
$4,044 |
$4,165 |
| 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 |
$2,139 |
$2,203 |
$2,269 |
$2,337 |
$2,407 |
| 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 |
$12,229 |
$12,596 |
$12,973 |
$13,363 |
$13,764 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$9,160 |
$9,435 |
$9,718 |
$10,009 |
$10,309 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$16,656 |
$16,656 |
$16,656 |
$16,656 |
$16,656 |
| Principal |
$2,119 |
$2,273 |
$2,437 |
$2,613 |
$2,802 |
| Interest |
$14,537 |
$14,384 |
$14,219 |
$14,043 |
$13,854 |
| Loan Balance at End of Year |
$206,510 |
$204,238 |
$201,801 |
$199,188 |
$196,386 |
| 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 |
$62,100 |
$72,431 |
$83,168 |
$94,330 |
$105,937 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,496 |
-$7,222 |
-$6,939 |
-$6,647 |
-$6,347 |
| Monhtly Cash Flow |
-$625 |
-$602 |
-$578 |
-$554 |
-$529 |
| Cash on Cash Return on Investment |
-0.053% |
-0.051% |
-0.049% |
-0.047% |
-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 |