Green Bay Deal Analysis
Let's look at deal analysis for Green Bay, WI 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 Green Bay, Wisconsin Rental Property
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Typical 20% Down Payment Green Bay, Wisconsin Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$178,808
|
|
Purchase Price
|
|
$178,808
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$35,762
|
|
Closing Costs
|
1.000%
|
$1,788
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$37,550
|
|
Mortgage
|
|
Mortgage Amount
|
|
$143,046.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,890
$1890.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$680
|
|
Property Taxes
|
2.093%
|
$3,742
|
|
Property Insurance
|
0.521%
|
$932
|
|
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%
|
$26,821
|
|
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 |
$184,172 |
$189,697 |
$195,388 |
$201,250 |
$207,287 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,364 |
$5,525 |
$5,691 |
$5,862 |
$6,037 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,890 |
$1,947 |
$2,005 |
$2,065 |
$2,127 |
| 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 |
$1,890 |
$1,947 |
$2,005 |
$2,065 |
$2,127 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$57 |
$58 |
$60 |
$62 |
$64 |
| Monthly Gross Operating Income |
$1,833 |
$1,888 |
$1,945 |
$2,003 |
$2,063 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$22,680 |
$23,360 |
$24,061 |
$24,783 |
$25,527 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$22,680 |
$23,360 |
$24,061 |
$24,783 |
$25,527 |
| Annual Vacancy Dollar |
$680 |
$701 |
$722 |
$743 |
$766 |
| Annual Gross Operating Income |
$22,000 |
$22,660 |
$23,339 |
$24,040 |
$24,761 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.093% |
2.093% |
2.093% |
2.093% |
2.093% |
| Property Taxes Dollar |
$3,742 |
$3,855 |
$3,970 |
$4,089 |
$4,212 |
| Insurance Percent |
0.521% |
0.521% |
0.521% |
0.521% |
0.521% |
| Insurance Dollar |
$932 |
$960 |
$988 |
$1,018 |
$1,049 |
| 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 |
$2,200 |
$2,266 |
$2,334 |
$2,404 |
$2,476 |
| 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 |
$6,874 |
$7,080 |
$7,293 |
$7,511 |
$7,737 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$15,126 |
$15,579 |
$16,047 |
$16,528 |
$17,024 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$11,420 |
$11,420 |
$11,420 |
$11,420 |
$11,420 |
| Principal |
$1,453 |
$1,558 |
$1,671 |
$1,792 |
$1,921 |
| Interest |
$9,967 |
$9,862 |
$9,750 |
$9,629 |
$9,499 |
| Loan Balance at End of Year |
$141,593 |
$140,035 |
$138,364 |
$136,573 |
$134,652 |
| 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 |
$42,579 |
$49,662 |
$57,024 |
$64,677 |
$72,636 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,705 |
$4,159 |
$4,626 |
$5,108 |
$5,604 |
| Monhtly Cash Flow |
$309 |
$347 |
$386 |
$426 |
$467 |
| Cash on Cash Return on Investment |
0.099% |
0.111% |
0.123% |
0.136% |
0.149% |
| 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 |