Peoria Deal Analysis
Let's look at deal analysis for Peoria, 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 Peoria, Arizona Rental Property
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Typical 20% Down Payment Peoria, Arizona Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$435,065
|
|
Purchase Price
|
|
$435,065
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$87,013
|
|
Closing Costs
|
1.000%
|
$4,351
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$69,178
|
|
Total Invested
|
|
$160,542
|
|
Mortgage
|
|
Mortgage Amount
|
|
$348,052
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,241
$2240.70
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$807
|
|
Property Taxes
|
0.661%
|
$2,876
|
|
Property Insurance
|
0.442%
|
$1,923
|
|
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%
|
$65,260
|
|
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 |
$448,117 |
$461,560 |
$475,407 |
$489,669 |
$504,360 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,052 |
$13,444 |
$13,847 |
$14,262 |
$14,690 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,241 |
$2,308 |
$2,377 |
$2,448 |
$2,522 |
| 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 |
$2,241 |
$2,308 |
$2,377 |
$2,448 |
$2,522 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$67 |
$69 |
$71 |
$73 |
$76 |
| Monthly Gross Operating Income |
$2,173 |
$2,239 |
$2,306 |
$2,375 |
$2,446 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$26,888 |
$27,695 |
$28,526 |
$29,382 |
$30,263 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$26,888 |
$27,695 |
$28,526 |
$29,382 |
$30,263 |
| Annual Vacancy Dollar |
$807 |
$831 |
$856 |
$881 |
$908 |
| Annual Gross Operating Income |
$26,082 |
$26,864 |
$27,670 |
$28,500 |
$29,355 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.661% |
0.661% |
0.661% |
0.661% |
0.661% |
| Property Taxes Dollar |
$2,876 |
$2,962 |
$3,051 |
$3,142 |
$3,237 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,923 |
$1,981 |
$2,040 |
$2,101 |
$2,164 |
| 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 |
$2,608 |
$2,686 |
$2,767 |
$2,850 |
$2,936 |
| 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 |
$7,407 |
$7,629 |
$7,858 |
$8,094 |
$8,337 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$18,675 |
$19,235 |
$19,812 |
$20,406 |
$21,019 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$27,787 |
$27,787 |
$27,787 |
$27,787 |
$27,787 |
| Principal |
$3,536 |
$3,791 |
$4,065 |
$4,359 |
$4,674 |
| Interest |
$24,252 |
$23,996 |
$23,722 |
$23,428 |
$23,113 |
| Loan Balance at End of Year |
$344,516 |
$340,725 |
$336,660 |
$332,301 |
$327,627 |
| 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 |
$103,601 |
$120,835 |
$138,747 |
$157,369 |
$176,733 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,112 |
-$8,552 |
-$7,975 |
-$7,381 |
-$6,769 |
| Monhtly Cash Flow |
-$759 |
-$713 |
-$665 |
-$615 |
-$564 |
| Cash on Cash Return on Investment |
-0.057% |
-0.053% |
-0.050% |
-0.046% |
-0.042% |
| 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 |