Burlington Deal Analysis
Let's look at deal analysis for Burlington, VT 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 Burlington, Vermont Rental Property
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Typical 20% Down Payment Burlington, Vermont Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$442,851
|
|
Purchase Price
|
|
$442,851
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$88,570
|
|
Closing Costs
|
1.000%
|
$4,429
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$92,999
|
|
Mortgage
|
|
Mortgage Amount
|
|
$354,280.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,570
$3570.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,285
|
|
Property Taxes
|
1.000%
|
$4,429
|
|
Property Insurance
|
0.800%
|
$3,543
|
|
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%
|
$66,428
|
|
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 |
$456,137 |
$469,821 |
$483,915 |
$498,433 |
$513,386 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,286 |
$13,684 |
$14,095 |
$14,517 |
$14,953 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,570 |
$3,677 |
$3,787 |
$3,901 |
$4,018 |
| 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 |
$3,570 |
$3,677 |
$3,787 |
$3,901 |
$4,018 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$107 |
$110 |
$114 |
$117 |
$121 |
| Monthly Gross Operating Income |
$3,463 |
$3,567 |
$3,674 |
$3,784 |
$3,898 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$42,840 |
$44,125 |
$45,449 |
$46,812 |
$48,217 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$42,840 |
$44,125 |
$45,449 |
$46,812 |
$48,217 |
| Annual Vacancy Dollar |
$1,285 |
$1,324 |
$1,363 |
$1,404 |
$1,447 |
| Annual Gross Operating Income |
$41,555 |
$42,801 |
$44,085 |
$45,408 |
$46,770 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.000% |
1.000% |
1.000% |
1.000% |
1.000% |
| Property Taxes Dollar |
$4,429 |
$4,561 |
$4,698 |
$4,839 |
$4,984 |
| Insurance Percent |
0.800% |
0.800% |
0.800% |
0.800% |
0.800% |
| Insurance Dollar |
$3,543 |
$3,649 |
$3,759 |
$3,871 |
$3,987 |
| 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 |
$4,155 |
$4,280 |
$4,409 |
$4,541 |
$4,677 |
| 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 |
$12,127 |
$12,491 |
$12,865 |
$13,251 |
$13,649 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$29,428 |
$30,311 |
$31,220 |
$32,157 |
$33,121 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$28,284 |
$28,284 |
$28,284 |
$28,284 |
$28,284 |
| Principal |
$3,599 |
$3,859 |
$4,138 |
$4,437 |
$4,758 |
| Interest |
$24,686 |
$24,425 |
$24,147 |
$23,847 |
$23,527 |
| Loan Balance at End of Year |
$350,682 |
$346,823 |
$342,685 |
$338,248 |
$333,490 |
| 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 |
$105,455 |
$122,998 |
$141,230 |
$160,185 |
$179,896 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$1,144 |
$2,026 |
$2,936 |
$3,872 |
$4,837 |
| Monhtly Cash Flow |
$95 |
$169 |
$245 |
$323 |
$403 |
| Cash on Cash Return on Investment |
0.012% |
0.022% |
0.032% |
0.042% |
0.052% |
| 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 |