Fort Lauderdale Deal Analysis
Let's look at deal analysis for Fort Lauderdale, FL 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 Fort Lauderdale, Florida Rental Property
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Typical 20% Down Payment Fort Lauderdale, Florida Rental Property
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|
Purchase Inputs
|
|
|
Percents
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Dollars/#
|
|
ARV
|
|
$484,260
|
|
Purchase Price
|
|
$484,260
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$96,852
|
|
Closing Costs
|
1.000%
|
$4,843
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$99,620
|
|
Total Invested
|
|
$201,315
|
|
Mortgage
|
|
Mortgage Amount
|
|
$387,408
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,081
$3080.70
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,109
|
|
Property Taxes
|
0.951%
|
$4,605
|
|
Property Insurance
|
1.674%
|
$8,107
|
|
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%
|
$72,639
|
|
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 |
$498,788 |
$513,751 |
$529,164 |
$545,039 |
$561,390 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$14,528 |
$14,964 |
$15,413 |
$15,875 |
$16,351 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,081 |
$3,173 |
$3,268 |
$3,366 |
$3,467 |
| 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 |
$3,081 |
$3,173 |
$3,268 |
$3,366 |
$3,467 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$92 |
$95 |
$98 |
$101 |
$104 |
| Monthly Gross Operating Income |
$2,988 |
$3,078 |
$3,170 |
$3,265 |
$3,363 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$36,968 |
$38,077 |
$39,220 |
$40,396 |
$41,608 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$36,968 |
$38,077 |
$39,220 |
$40,396 |
$41,608 |
| Annual Vacancy Dollar |
$1,109 |
$1,142 |
$1,177 |
$1,212 |
$1,248 |
| Annual Gross Operating Income |
$35,859 |
$36,935 |
$38,043 |
$39,184 |
$40,360 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.951% |
0.951% |
0.951% |
0.951% |
0.951% |
| Property Taxes Dollar |
$4,605 |
$4,743 |
$4,886 |
$5,032 |
$5,183 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$8,107 |
$8,350 |
$8,600 |
$8,858 |
$9,124 |
| 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 |
$3,586 |
$3,694 |
$3,804 |
$3,918 |
$4,036 |
| 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 |
$16,298 |
$16,787 |
$17,290 |
$17,809 |
$18,343 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$19,562 |
$20,148 |
$20,753 |
$21,375 |
$22,017 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$30,929 |
$30,929 |
$30,929 |
$30,929 |
$30,929 |
| Principal |
$3,935 |
$4,220 |
$4,525 |
$4,852 |
$5,203 |
| Interest |
$26,994 |
$26,709 |
$26,404 |
$26,077 |
$25,726 |
| Loan Balance at End of Year |
$383,473 |
$379,253 |
$374,728 |
$369,876 |
$364,673 |
| 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 |
$115,315 |
$134,499 |
$154,436 |
$175,163 |
$196,717 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$11,368 |
-$10,781 |
-$10,176 |
-$9,554 |
-$8,913 |
| Monhtly Cash Flow |
-$947 |
-$898 |
-$848 |
-$796 |
-$743 |
| Cash on Cash Return on Investment |
-0.056% |
-0.054% |
-0.051% |
-0.047% |
-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 |