Cheyenne Deal Analysis
Let's look at deal analysis for Cheyenne, WY 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 Cheyenne, Wyoming Rental Property
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Typical 20% Down Payment Cheyenne, Wyoming Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$322,286
|
|
Purchase Price
|
|
$322,286
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$64,457
|
|
Closing Costs
|
1.000%
|
$3,223
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$87,143
|
|
Total Invested
|
|
$154,823
|
|
Mortgage
|
|
Mortgage Amount
|
|
$257,828.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,706
$1706.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$614
|
|
Property Taxes
|
1.000%
|
$3,223
|
|
Property Insurance
|
0.800%
|
$2,578
|
|
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%
|
$48,343
|
|
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 |
$331,955 |
$341,913 |
$352,171 |
$362,736 |
$373,618 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$9,669 |
$9,959 |
$10,257 |
$10,565 |
$10,882 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,706 |
$1,757 |
$1,810 |
$1,864 |
$1,920 |
| 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 |
$1,706 |
$1,757 |
$1,810 |
$1,864 |
$1,920 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$51 |
$53 |
$54 |
$56 |
$58 |
| Monthly Gross Operating Income |
$1,655 |
$1,705 |
$1,756 |
$1,809 |
$1,863 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$20,475 |
$21,089 |
$21,722 |
$22,374 |
$23,045 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$20,475 |
$21,089 |
$21,722 |
$22,374 |
$23,045 |
| Annual Vacancy Dollar |
$614 |
$633 |
$652 |
$671 |
$691 |
| Annual Gross Operating Income |
$19,861 |
$20,457 |
$21,070 |
$21,702 |
$22,353 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.000% |
1.000% |
1.000% |
1.000% |
1.000% |
| Property Taxes Dollar |
$3,223 |
$3,320 |
$3,419 |
$3,522 |
$3,627 |
| Insurance Percent |
0.800% |
0.800% |
0.800% |
0.800% |
0.800% |
| Insurance Dollar |
$2,578 |
$2,656 |
$2,735 |
$2,817 |
$2,902 |
| 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 |
$1,986 |
$2,046 |
$2,107 |
$2,170 |
$2,235 |
| 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 |
$7,787 |
$8,021 |
$8,261 |
$8,509 |
$8,765 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$12,074 |
$12,436 |
$12,809 |
$13,193 |
$13,589 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$20,584 |
$20,584 |
$20,584 |
$20,584 |
$20,584 |
| Principal |
$2,619 |
$2,808 |
$3,011 |
$3,229 |
$3,463 |
| Interest |
$17,965 |
$17,776 |
$17,573 |
$17,355 |
$17,122 |
| Loan Balance at End of Year |
$255,210 |
$252,401 |
$249,390 |
$246,161 |
$242,698 |
| 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 |
$76,745 |
$89,512 |
$102,781 |
$116,575 |
$130,919 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$8,511 |
-$8,148 |
-$7,775 |
-$7,391 |
-$6,995 |
| Monhtly Cash Flow |
-$709 |
-$679 |
-$648 |
-$616 |
-$583 |
| Cash on Cash Return on Investment |
-0.055% |
-0.053% |
-0.050% |
-0.048% |
-0.045% |
| 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 |