Aurora Deal Analysis
Let's look at deal analysis for Aurora, CO 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 Aurora, Colorado Rental Property
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Typical 20% Down Payment Aurora, Colorado Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$482,727
|
|
Purchase Price
|
|
$482,727
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$96,545
|
|
Closing Costs
|
1.000%
|
$4,827
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$52,223
|
|
Total Invested
|
|
$153,596
|
|
Mortgage
|
|
Mortgage Amount
|
|
$386,181.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,620
$2619.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$943
|
|
Property Taxes
|
0.548%
|
$2,645
|
|
Property Insurance
|
0.508%
|
$2,452
|
|
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%
|
$72,409
|
|
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 |
$497,209 |
$512,125 |
$527,489 |
$543,313 |
$559,613 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$14,482 |
$14,916 |
$15,364 |
$15,825 |
$16,299 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,620 |
$2,698 |
$2,779 |
$2,863 |
$2,949 |
| 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 |
$2,620 |
$2,698 |
$2,779 |
$2,863 |
$2,949 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$79 |
$81 |
$83 |
$86 |
$88 |
| Monthly Gross Operating Income |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$31,437 |
$32,380 |
$33,352 |
$34,352 |
$35,383 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$31,437 |
$32,380 |
$33,352 |
$34,352 |
$35,383 |
| Annual Vacancy Dollar |
$943 |
$971 |
$1,001 |
$1,031 |
$1,061 |
| Annual Gross Operating Income |
$30,494 |
$31,409 |
$32,351 |
$33,321 |
$34,321 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.548% |
0.548% |
0.548% |
0.548% |
0.548% |
| Property Taxes Dollar |
$2,645 |
$2,725 |
$2,806 |
$2,891 |
$2,977 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$2,452 |
$2,526 |
$2,602 |
$2,680 |
$2,760 |
| 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 |
$3,049 |
$3,141 |
$3,235 |
$3,332 |
$3,432 |
| 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 |
$8,147 |
$8,391 |
$8,643 |
$8,902 |
$9,170 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,347 |
$23,017 |
$23,708 |
$24,419 |
$25,152 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$30,831 |
$30,831 |
$30,831 |
$30,831 |
$30,831 |
| Principal |
$3,923 |
$4,207 |
$4,511 |
$4,837 |
$5,186 |
| Interest |
$26,908 |
$26,625 |
$26,321 |
$25,995 |
$25,645 |
| Loan Balance at End of Year |
$382,259 |
$378,052 |
$373,542 |
$368,705 |
$363,519 |
| 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 |
$114,950 |
$134,073 |
$153,947 |
$174,609 |
$196,094 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$8,484 |
-$7,814 |
-$7,124 |
-$6,412 |
-$5,680 |
| Monhtly Cash Flow |
-$707 |
-$651 |
-$594 |
-$534 |
-$473 |
| Cash on Cash Return on Investment |
-0.055% |
-0.051% |
-0.046% |
-0.042% |
-0.037% |
| 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 |