West Valley City Deal Analysis
Let's look at deal analysis for West Valley City, UT 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 West Valley City, Utah Rental Property
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Typical 20% Down Payment West Valley City, Utah Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$429,690
|
|
Purchase Price
|
|
$429,690
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$85,938
|
|
Closing Costs
|
1.000%
|
$4,297
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$21,287
|
|
Total Invested
|
|
$111,522
|
|
Mortgage
|
|
Mortgage Amount
|
|
$343,752
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,549
$2549.40
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$918
|
|
Property Taxes
|
0.778%
|
$3,343
|
|
Property Insurance
|
0.260%
|
$1,117
|
|
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%
|
$64,454
|
|
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 |
$442,581 |
$455,858 |
$469,534 |
$483,620 |
$498,128 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,891 |
$13,277 |
$13,676 |
$14,086 |
$14,509 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,549 |
$2,626 |
$2,705 |
$2,786 |
$2,869 |
| 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 |
$2,549 |
$2,626 |
$2,705 |
$2,786 |
$2,869 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$76 |
$79 |
$81 |
$84 |
$86 |
| Monthly Gross Operating Income |
$2,473 |
$2,547 |
$2,624 |
$2,702 |
$2,783 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$30,593 |
$31,511 |
$32,456 |
$33,430 |
$34,432 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$30,593 |
$31,511 |
$32,456 |
$33,430 |
$34,432 |
| Annual Vacancy Dollar |
$918 |
$945 |
$974 |
$1,003 |
$1,033 |
| Annual Gross Operating Income |
$29,675 |
$30,565 |
$31,482 |
$32,427 |
$33,399 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.778% |
0.778% |
0.778% |
0.778% |
0.778% |
| Property Taxes Dollar |
$3,343 |
$3,443 |
$3,547 |
$3,653 |
$3,763 |
| Insurance Percent |
0.260% |
0.260% |
0.260% |
0.260% |
0.260% |
| Insurance Dollar |
$1,117 |
$1,151 |
$1,185 |
$1,221 |
$1,257 |
| 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 |
$2,968 |
$3,057 |
$3,148 |
$3,243 |
$3,340 |
| 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 |
$7,428 |
$7,651 |
$7,880 |
$8,116 |
$8,360 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,247 |
$22,915 |
$23,602 |
$24,310 |
$25,040 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$27,444 |
$27,444 |
$27,444 |
$27,444 |
$27,444 |
| Principal |
$3,492 |
$3,744 |
$4,015 |
$4,305 |
$4,616 |
| Interest |
$23,952 |
$23,700 |
$23,429 |
$23,139 |
$22,827 |
| Loan Balance at End of Year |
$340,260 |
$336,516 |
$332,501 |
$328,196 |
$323,579 |
| 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 |
$102,321 |
$119,342 |
$137,033 |
$155,424 |
$174,549 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,197 |
-$4,529 |
-$3,842 |
-$3,134 |
-$2,404 |
| Monhtly Cash Flow |
-$433 |
-$377 |
-$320 |
-$261 |
-$200 |
| Cash on Cash Return on Investment |
-0.047% |
-0.041% |
-0.034% |
-0.028% |
-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 |