Renton Deal Analysis
Let's look at deal analysis for Renton, WA 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 Renton, Washington Rental Property
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Typical 20% Down Payment Renton, Washington Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$706,100
|
|
Purchase Price
|
|
$706,100
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$141,220
|
|
Closing Costs
|
1.000%
|
$7,061
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$299,255
|
|
Total Invested
|
|
$447,536
|
|
Mortgage
|
|
Mortgage Amount
|
|
$564,880
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,993
$2992.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,077
|
|
Property Taxes
|
0.997%
|
$7,040
|
|
Property Insurance
|
0.229%
|
$1,617
|
|
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%
|
$105,915
|
|
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 |
$727,283 |
$749,101 |
$771,575 |
$794,722 |
$818,563 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$21,183 |
$21,818 |
$22,473 |
$23,147 |
$23,842 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,993 |
$3,082 |
$3,175 |
$3,270 |
$3,368 |
| 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 |
$2,993 |
$3,082 |
$3,175 |
$3,270 |
$3,368 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$90 |
$92 |
$95 |
$98 |
$101 |
| Monthly Gross Operating Income |
$2,903 |
$2,990 |
$3,080 |
$3,172 |
$3,267 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$35,910 |
$36,987 |
$38,097 |
$39,240 |
$40,417 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$35,910 |
$36,987 |
$38,097 |
$39,240 |
$40,417 |
| Annual Vacancy Dollar |
$1,077 |
$1,110 |
$1,143 |
$1,177 |
$1,213 |
| Annual Gross Operating Income |
$34,833 |
$35,878 |
$36,954 |
$38,063 |
$39,205 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.997% |
0.997% |
0.997% |
0.997% |
0.997% |
| Property Taxes Dollar |
$7,040 |
$7,251 |
$7,469 |
$7,693 |
$7,923 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$1,617 |
$1,665 |
$1,715 |
$1,767 |
$1,820 |
| 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 |
$3,483 |
$3,588 |
$3,695 |
$3,806 |
$3,920 |
| 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 |
$12,140 |
$12,504 |
$12,879 |
$13,266 |
$13,664 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,693 |
$23,373 |
$24,075 |
$24,797 |
$25,541 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$45,098 |
$45,098 |
$45,098 |
$45,098 |
$45,098 |
| Principal |
$5,738 |
$6,153 |
$6,598 |
$7,075 |
$7,586 |
| Interest |
$39,360 |
$38,945 |
$38,500 |
$38,023 |
$37,512 |
| Loan Balance at End of Year |
$559,142 |
$552,989 |
$546,391 |
$539,317 |
$531,731 |
| 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 |
$168,141 |
$196,112 |
$225,183 |
$255,405 |
$286,833 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$22,405 |
-$21,724 |
-$21,023 |
-$20,301 |
-$19,557 |
| Monhtly Cash Flow |
-$1,867 |
-$1,810 |
-$1,752 |
-$1,692 |
-$1,630 |
| Cash on Cash Return on Investment |
-0.050% |
-0.049% |
-0.047% |
-0.045% |
-0.044% |
| 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 |