Scottsdale Deal Analysis
Let's look at deal analysis for Scottsdale, 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 Scottsdale, Arizona Rental Property
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Typical 20% Down Payment Scottsdale, Arizona Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$831,639
|
|
Purchase Price
|
|
$831,639
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$166,328
|
|
Closing Costs
|
1.000%
|
$8,316
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$16,243
|
|
Total Invested
|
|
$190,887
|
|
Mortgage
|
|
Mortgage Amount
|
|
$665,311.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$5,250
$5250.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,890
|
|
Property Taxes
|
0.536%
|
$4,458
|
|
Property Insurance
|
0.442%
|
$3,676
|
|
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%
|
$124,746
|
|
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 |
$856,588 |
$882,286 |
$908,754 |
$936,017 |
$964,098 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$24,949 |
$25,698 |
$26,469 |
$27,263 |
$28,081 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,250 |
$5,408 |
$5,570 |
$5,737 |
$5,909 |
| 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 |
$5,250 |
$5,408 |
$5,570 |
$5,737 |
$5,909 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$158 |
$162 |
$167 |
$172 |
$177 |
| Monthly Gross Operating Income |
$5,093 |
$5,245 |
$5,403 |
$5,565 |
$5,732 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$63,000 |
$64,890 |
$66,837 |
$68,842 |
$70,907 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$63,000 |
$64,890 |
$66,837 |
$68,842 |
$70,907 |
| Annual Vacancy Dollar |
$1,890 |
$1,947 |
$2,005 |
$2,065 |
$2,127 |
| Annual Gross Operating Income |
$61,110 |
$62,943 |
$64,832 |
$66,777 |
$68,780 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.536% |
0.536% |
0.536% |
0.536% |
0.536% |
| Property Taxes Dollar |
$4,458 |
$4,591 |
$4,729 |
$4,871 |
$5,017 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$3,676 |
$3,786 |
$3,900 |
$4,017 |
$4,137 |
| 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 |
$6,111 |
$6,294 |
$6,483 |
$6,678 |
$6,878 |
| 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 |
$14,244 |
$14,672 |
$15,112 |
$15,565 |
$16,032 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$46,866 |
$48,272 |
$49,720 |
$51,211 |
$52,748 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$53,116 |
$53,116 |
$53,116 |
$53,116 |
$53,116 |
| Principal |
$6,758 |
$7,247 |
$7,771 |
$8,332 |
$8,935 |
| Interest |
$46,358 |
$45,869 |
$45,345 |
$44,784 |
$44,181 |
| Loan Balance at End of Year |
$658,553 |
$651,306 |
$643,535 |
$635,203 |
$626,268 |
| 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 |
$198,035 |
$230,980 |
$265,219 |
$300,814 |
$337,829 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$6,250 |
-$4,844 |
-$3,396 |
-$1,905 |
-$368 |
| Monhtly Cash Flow |
-$521 |
-$404 |
-$283 |
-$159 |
-$31 |
| Cash on Cash Return on Investment |
-0.033% |
-0.025% |
-0.018% |
-0.010% |
-0.002% |
| 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 |