Roanoke Deal Analysis
Let's look at deal analysis for Roanoke, VA 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 Roanoke, Virginia Rental Property
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Typical 20% Down Payment Roanoke, Virginia Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$203,106
|
|
Purchase Price
|
|
$203,106
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$40,621
|
|
Closing Costs
|
1.000%
|
$2,031
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$5,052
|
|
Total Invested
|
|
$47,704
|
|
Mortgage
|
|
Mortgage Amount
|
|
$162,484.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,339
$1338.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$482
|
|
Property Taxes
|
1.005%
|
$2,041
|
|
Property Insurance
|
0.367%
|
$745
|
|
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%
|
$30,466
|
|
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 |
$209,199 |
$215,475 |
$221,939 |
$228,598 |
$235,456 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$6,093 |
$6,276 |
$6,464 |
$6,658 |
$6,858 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,339 |
$1,379 |
$1,420 |
$1,463 |
$1,507 |
| 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 |
$1,339 |
$1,379 |
$1,420 |
$1,463 |
$1,507 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$40 |
$41 |
$43 |
$44 |
$45 |
| Monthly Gross Operating Income |
$1,299 |
$1,338 |
$1,378 |
$1,419 |
$1,462 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$16,065 |
$16,547 |
$17,043 |
$17,555 |
$18,081 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$16,065 |
$16,547 |
$17,043 |
$17,555 |
$18,081 |
| Annual Vacancy Dollar |
$482 |
$496 |
$511 |
$527 |
$542 |
| Annual Gross Operating Income |
$15,583 |
$16,051 |
$16,532 |
$17,028 |
$17,539 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.005% |
1.005% |
1.005% |
1.005% |
1.005% |
| Property Taxes Dollar |
$2,041 |
$2,102 |
$2,166 |
$2,230 |
$2,297 |
| Insurance Percent |
0.367% |
0.367% |
0.367% |
0.367% |
0.367% |
| Insurance Dollar |
$745 |
$768 |
$791 |
$815 |
$839 |
| 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 |
$1,558 |
$1,605 |
$1,653 |
$1,703 |
$1,754 |
| 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 |
$4,345 |
$4,475 |
$4,610 |
$4,748 |
$4,890 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$11,238 |
$11,575 |
$11,923 |
$12,280 |
$12,649 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$12,972 |
$12,972 |
$12,972 |
$12,972 |
$12,972 |
| Principal |
$1,651 |
$1,770 |
$1,898 |
$2,035 |
$2,182 |
| Interest |
$11,322 |
$11,202 |
$11,074 |
$10,937 |
$10,790 |
| Loan Balance at End of Year |
$160,834 |
$159,064 |
$157,166 |
$155,131 |
$152,949 |
| 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 |
$48,365 |
$56,411 |
$64,773 |
$73,466 |
$82,506 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,734 |
-$1,397 |
-$1,050 |
-$692 |
-$324 |
| Monhtly Cash Flow |
-$145 |
-$116 |
-$87 |
-$58 |
-$27 |
| Cash on Cash Return on Investment |
-0.036% |
-0.029% |
-0.022% |
-0.015% |
-0.007% |
| 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 |