New Haven Deal Analysis
Let's look at deal analysis for New Haven, CT 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 New Haven, Connecticut Rental Property
|
Typical 20% Down Payment New Haven, Connecticut Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$238,954
|
|
Purchase Price
|
|
$238,954
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$47,791
|
|
Closing Costs
|
1.000%
|
$2,390
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$50,180
|
|
Mortgage
|
|
Mortgage Amount
|
|
$191,163.20
|
|
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
|
2.535%
|
$6,057
|
|
Property Insurance
|
0.478%
|
$1,142
|
|
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%
|
$35,843
|
|
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 |
$246,123 |
$253,506 |
$261,111 |
$268,945 |
$277,013 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,169 |
$7,384 |
$7,605 |
$7,833 |
$8,068 |
| 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 |
2.535% |
2.535% |
2.535% |
2.535% |
2.535% |
| Property Taxes Dollar |
$6,057 |
$6,239 |
$6,426 |
$6,619 |
$6,818 |
| Insurance Percent |
0.478% |
0.478% |
0.478% |
0.478% |
0.478% |
| Insurance Dollar |
$1,142 |
$1,176 |
$1,212 |
$1,248 |
$1,286 |
| 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 |
$10,249 |
$10,557 |
$10,873 |
$11,199 |
$11,535 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$20,245 |
$20,852 |
$21,478 |
$22,122 |
$22,786 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,262 |
$15,262 |
$15,262 |
$15,262 |
$15,262 |
| Principal |
$1,942 |
$2,082 |
$2,233 |
$2,394 |
$2,567 |
| Interest |
$13,320 |
$13,180 |
$13,029 |
$12,868 |
$12,695 |
| Loan Balance at End of Year |
$189,221 |
$187,139 |
$184,906 |
$182,512 |
$179,945 |
| 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 |
$56,901 |
$66,367 |
$76,205 |
$86,432 |
$97,068 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$4,983 |
$5,590 |
$6,216 |
$6,860 |
$7,524 |
| Monhtly Cash Flow |
$415 |
$466 |
$518 |
$572 |
$627 |
| Cash on Cash Return on Investment |
0.099% |
0.111% |
0.124% |
0.137% |
0.150% |
| 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 |