Hollywood Deal Analysis
Let's look at deal analysis for Hollywood, 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 Hollywood, Florida Rental Property
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Typical 20% Down Payment Hollywood, Florida Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$408,191
|
|
Purchase Price
|
|
$408,191
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$81,638
|
|
Closing Costs
|
1.000%
|
$4,082
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$85,720
|
|
Mortgage
|
|
Mortgage Amount
|
|
$326,552.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$4,619
$4618.95
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,663
|
|
Property Taxes
|
1.028%
|
$4,196
|
|
Property Insurance
|
1.675%
|
$6,837
|
|
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%
|
$61,229
|
|
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 |
$420,437 |
$433,050 |
$446,041 |
$459,423 |
$473,205 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,246 |
$12,613 |
$12,991 |
$13,381 |
$13,783 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,619 |
$4,758 |
$4,900 |
$5,047 |
$5,199 |
| 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 |
$4,619 |
$4,758 |
$4,900 |
$5,047 |
$5,199 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$139 |
$143 |
$147 |
$151 |
$156 |
| Monthly Gross Operating Income |
$4,480 |
$4,615 |
$4,753 |
$4,896 |
$5,043 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$55,427 |
$57,090 |
$58,803 |
$60,567 |
$62,384 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$55,427 |
$57,090 |
$58,803 |
$60,567 |
$62,384 |
| Annual Vacancy Dollar |
$1,663 |
$1,713 |
$1,764 |
$1,817 |
$1,872 |
| Annual Gross Operating Income |
$53,765 |
$55,378 |
$57,039 |
$58,750 |
$60,513 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.028% |
1.028% |
1.028% |
1.028% |
1.028% |
| Property Taxes Dollar |
$4,196 |
$4,322 |
$4,452 |
$4,585 |
$4,723 |
| Insurance Percent |
1.675% |
1.675% |
1.675% |
1.675% |
1.675% |
| Insurance Dollar |
$6,837 |
$7,042 |
$7,254 |
$7,471 |
$7,695 |
| 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 |
$5,376 |
$5,538 |
$5,704 |
$5,875 |
$6,051 |
| 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 |
$16,410 |
$16,902 |
$17,409 |
$17,931 |
$18,469 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$37,355 |
$38,475 |
$39,630 |
$40,819 |
$42,043 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$26,071 |
$26,071 |
$26,071 |
$26,071 |
$26,071 |
| Principal |
$3,317 |
$3,557 |
$3,814 |
$4,090 |
$4,385 |
| Interest |
$22,754 |
$22,514 |
$22,257 |
$21,981 |
$21,685 |
| Loan Balance at End of Year |
$323,236 |
$319,679 |
$315,865 |
$311,775 |
$307,390 |
| 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 |
$97,201 |
$113,371 |
$130,177 |
$147,648 |
$165,816 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$11,284 |
$12,405 |
$13,559 |
$14,748 |
$15,972 |
| Monhtly Cash Flow |
$940 |
$1,034 |
$1,130 |
$1,229 |
$1,331 |
| Cash on Cash Return on Investment |
0.132% |
0.145% |
0.158% |
0.172% |
0.186% |
| 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 |