Mesa Deal Analysis
Let's look at deal analysis for Mesa, AZ 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 Mesa, Arizona Rental Property
|
Typical 20% Down Payment Mesa, Arizona Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$387,360
|
|
Purchase Price
|
|
$387,360
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$77,472
|
|
Closing Costs
|
1.000%
|
$3,874
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$11,252
|
|
Total Invested
|
|
$92,597
|
|
Mortgage
|
|
Mortgage Amount
|
|
$309,888
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,414
$2413.95
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$869
|
|
Property Taxes
|
0.623%
|
$2,413
|
|
Property Insurance
|
0.442%
|
$1,712
|
|
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%
|
$58,104
|
|
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 |
$398,981 |
$410,950 |
$423,279 |
$435,977 |
$449,056 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,621 |
$11,969 |
$12,329 |
$12,698 |
$13,079 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,414 |
$2,486 |
$2,561 |
$2,638 |
$2,717 |
| 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 |
$2,414 |
$2,486 |
$2,561 |
$2,638 |
$2,717 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$72 |
$75 |
$77 |
$79 |
$82 |
| Monthly Gross Operating Income |
$2,342 |
$2,412 |
$2,484 |
$2,559 |
$2,635 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$28,967 |
$29,836 |
$30,732 |
$31,653 |
$32,603 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$28,967 |
$29,836 |
$30,732 |
$31,653 |
$32,603 |
| Annual Vacancy Dollar |
$869 |
$895 |
$922 |
$950 |
$978 |
| Annual Gross Operating Income |
$28,098 |
$28,941 |
$29,810 |
$30,704 |
$31,625 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.623% |
0.623% |
0.623% |
0.623% |
0.623% |
| Property Taxes Dollar |
$2,413 |
$2,486 |
$2,560 |
$2,637 |
$2,716 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,712 |
$1,763 |
$1,816 |
$1,871 |
$1,927 |
| 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 |
$2,810 |
$2,894 |
$2,981 |
$3,070 |
$3,162 |
| 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 |
$6,935 |
$7,143 |
$7,358 |
$7,578 |
$7,806 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,163 |
$21,798 |
$22,452 |
$23,126 |
$23,819 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$24,740 |
$24,740 |
$24,740 |
$24,740 |
$24,740 |
| Principal |
$3,148 |
$3,375 |
$3,619 |
$3,881 |
$4,162 |
| Interest |
$21,592 |
$21,365 |
$21,121 |
$20,859 |
$20,579 |
| Loan Balance at End of Year |
$306,740 |
$303,365 |
$299,745 |
$295,864 |
$291,703 |
| 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 |
$92,241 |
$107,585 |
$123,533 |
$140,113 |
$157,354 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$3,577 |
-$2,942 |
-$2,288 |
-$1,615 |
-$921 |
| Monhtly Cash Flow |
-$298 |
-$245 |
-$191 |
-$135 |
-$77 |
| Cash on Cash Return on Investment |
-0.039% |
-0.032% |
-0.025% |
-0.017% |
-0.010% |
| 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 |