Tucson Deal Analysis
Let's look at deal analysis for Tucson, 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 Tucson, Arizona Rental Property
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Typical 20% Down Payment Tucson, Arizona Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$286,954
|
|
Purchase Price
|
|
$286,954
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$57,391
|
|
Closing Costs
|
1.000%
|
$2,870
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$122,835
|
|
Total Invested
|
|
$183,096
|
|
Mortgage
|
|
Mortgage Amount
|
|
$229,563.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,269
$1269.45
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$457
|
|
Property Taxes
|
0.991%
|
$2,844
|
|
Property Insurance
|
0.442%
|
$1,268
|
|
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%
|
$43,043
|
|
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 |
$295,563 |
$304,429 |
$313,562 |
$322,969 |
$332,658 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,609 |
$8,867 |
$9,133 |
$9,407 |
$9,689 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,269 |
$1,308 |
$1,347 |
$1,387 |
$1,429 |
| 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 |
$1,269 |
$1,308 |
$1,347 |
$1,387 |
$1,429 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$38 |
$39 |
$40 |
$42 |
$43 |
| Monthly Gross Operating Income |
$1,231 |
$1,268 |
$1,306 |
$1,346 |
$1,386 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$15,233 |
$15,690 |
$16,161 |
$16,646 |
$17,145 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$15,233 |
$15,690 |
$16,161 |
$16,646 |
$17,145 |
| Annual Vacancy Dollar |
$457 |
$471 |
$485 |
$499 |
$514 |
| Annual Gross Operating Income |
$14,776 |
$15,220 |
$15,676 |
$16,147 |
$16,631 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.991% |
0.991% |
0.991% |
0.991% |
0.991% |
| Property Taxes Dollar |
$2,844 |
$2,929 |
$3,017 |
$3,107 |
$3,201 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,268 |
$1,306 |
$1,346 |
$1,386 |
$1,428 |
| 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 |
$1,478 |
$1,522 |
$1,568 |
$1,615 |
$1,663 |
| 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 |
$5,590 |
$5,757 |
$5,930 |
$6,108 |
$6,291 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$9,187 |
$9,462 |
$9,746 |
$10,039 |
$10,340 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$18,327 |
$18,327 |
$18,327 |
$18,327 |
$18,327 |
| Principal |
$2,332 |
$2,501 |
$2,681 |
$2,875 |
$3,083 |
| Interest |
$15,996 |
$15,827 |
$15,646 |
$15,452 |
$15,245 |
| Loan Balance at End of Year |
$227,231 |
$224,731 |
$222,049 |
$219,174 |
$216,091 |
| 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 |
$68,331 |
$79,699 |
$91,513 |
$103,795 |
$116,567 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,141 |
-$8,865 |
-$8,581 |
-$8,289 |
-$7,988 |
| Monhtly Cash Flow |
-$762 |
-$739 |
-$715 |
-$691 |
-$666 |
| Cash on Cash Return on Investment |
-0.050% |
-0.048% |
-0.047% |
-0.045% |
-0.044% |
| 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 |