Tacoma Deal Analysis
Let's look at deal analysis for Tacoma, 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 Tacoma, Washington Rental Property
|
Typical 20% Down Payment Tacoma, Washington Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$450,704
|
|
Purchase Price
|
|
$450,704
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$90,141
|
|
Closing Costs
|
1.000%
|
$4,507
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$38,514
|
|
Total Invested
|
|
$133,162
|
|
Mortgage
|
|
Mortgage Amount
|
|
$360,563.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,678
$2677.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$964
|
|
Property Taxes
|
1.180%
|
$5,318
|
|
Property Insurance
|
0.229%
|
$1,032
|
|
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%
|
$67,606
|
|
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 |
$464,225 |
$478,152 |
$492,496 |
$507,271 |
$522,489 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,521 |
$13,927 |
$14,345 |
$14,775 |
$15,218 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,678 |
$2,758 |
$2,841 |
$2,926 |
$3,014 |
| 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 |
$2,678 |
$2,758 |
$2,841 |
$2,926 |
$3,014 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$80 |
$83 |
$85 |
$88 |
$90 |
| Monthly Gross Operating Income |
$2,597 |
$2,675 |
$2,755 |
$2,838 |
$2,923 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$32,130 |
$33,094 |
$34,087 |
$35,109 |
$36,163 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$32,130 |
$33,094 |
$34,087 |
$35,109 |
$36,163 |
| Annual Vacancy Dollar |
$964 |
$993 |
$1,023 |
$1,053 |
$1,085 |
| Annual Gross Operating Income |
$31,166 |
$32,101 |
$33,064 |
$34,056 |
$35,078 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.180% |
1.180% |
1.180% |
1.180% |
1.180% |
| Property Taxes Dollar |
$5,318 |
$5,478 |
$5,642 |
$5,811 |
$5,986 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$1,032 |
$1,063 |
$1,095 |
$1,128 |
$1,162 |
| 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 |
$3,117 |
$3,210 |
$3,306 |
$3,406 |
$3,508 |
| 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 |
$9,467 |
$9,751 |
$10,044 |
$10,345 |
$10,655 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,699 |
$22,350 |
$23,021 |
$23,711 |
$24,422 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$28,786 |
$28,786 |
$28,786 |
$28,786 |
$28,786 |
| Principal |
$3,663 |
$3,927 |
$4,211 |
$4,516 |
$4,842 |
| Interest |
$25,123 |
$24,859 |
$24,575 |
$24,270 |
$23,944 |
| Loan Balance at End of Year |
$356,901 |
$352,973 |
$348,762 |
$344,246 |
$339,404 |
| 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 |
$107,325 |
$125,179 |
$143,735 |
$163,025 |
$183,086 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,087 |
-$6,436 |
-$5,766 |
-$5,075 |
-$4,364 |
| Monhtly Cash Flow |
-$591 |
-$536 |
-$480 |
-$423 |
-$364 |
| Cash on Cash Return on Investment |
-0.053% |
-0.048% |
-0.043% |
-0.038% |
-0.033% |
| 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 |