Highlands Ranch Deal Analysis
Let's look at deal analysis for Highlands Ranch, 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 Highlands Ranch, Colorado Rental Property
|
Typical 20% Down Payment Highlands Ranch, Colorado Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$712,658
|
|
Purchase Price
|
|
$712,658
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$142,532
|
|
Closing Costs
|
1.000%
|
$7,127
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$265,512
|
|
Total Invested
|
|
$415,170
|
|
Mortgage
|
|
Mortgage Amount
|
|
$570,126.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,045
$3045.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,096
|
|
Property Taxes
|
0.595%
|
$4,240
|
|
Property Insurance
|
0.508%
|
$3,620
|
|
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%
|
$106,899
|
|
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 |
$734,038 |
$756,059 |
$778,741 |
$802,103 |
$826,166 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$21,380 |
$22,021 |
$22,682 |
$23,362 |
$24,063 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,045 |
$3,136 |
$3,230 |
$3,327 |
$3,427 |
| 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 |
$3,045 |
$3,136 |
$3,230 |
$3,327 |
$3,427 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$91 |
$94 |
$97 |
$100 |
$103 |
| Monthly Gross Operating Income |
$2,954 |
$3,042 |
$3,134 |
$3,228 |
$3,324 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$36,540 |
$37,636 |
$38,765 |
$39,928 |
$41,126 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$36,540 |
$37,636 |
$38,765 |
$39,928 |
$41,126 |
| Annual Vacancy Dollar |
$1,096 |
$1,129 |
$1,163 |
$1,198 |
$1,234 |
| Annual Gross Operating Income |
$35,444 |
$36,507 |
$37,602 |
$38,730 |
$39,892 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.595% |
0.595% |
0.595% |
0.595% |
0.595% |
| Property Taxes Dollar |
$4,240 |
$4,368 |
$4,499 |
$4,634 |
$4,773 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$3,620 |
$3,729 |
$3,841 |
$3,956 |
$4,075 |
| 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 |
$3,544 |
$3,651 |
$3,760 |
$3,873 |
$3,989 |
| 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 |
$11,405 |
$11,747 |
$12,100 |
$12,463 |
$12,836 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,039 |
$24,760 |
$25,503 |
$26,268 |
$27,056 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$45,517 |
$45,517 |
$45,517 |
$45,517 |
$45,517 |
| Principal |
$5,791 |
$6,210 |
$6,659 |
$7,140 |
$7,657 |
| Interest |
$39,725 |
$39,307 |
$38,858 |
$38,376 |
$37,860 |
| Loan Balance at End of Year |
$564,335 |
$558,125 |
$551,466 |
$544,325 |
$536,669 |
| 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 |
$169,703 |
$197,934 |
$227,275 |
$257,778 |
$289,497 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$21,478 |
-$20,757 |
-$20,014 |
-$19,249 |
-$18,461 |
| Monhtly Cash Flow |
-$1,790 |
-$1,730 |
-$1,668 |
-$1,604 |
-$1,538 |
| Cash on Cash Return on Investment |
-0.052% |
-0.050% |
-0.048% |
-0.046% |
-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 |