Pembroke Pines Deal Analysis
Let's look at deal analysis for Pembroke Pines, 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 Pembroke Pines, Florida Rental Property
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Typical 20% Down Payment Pembroke Pines, Florida Rental Property
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|
Purchase Inputs
|
|
|
Percents
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Dollars/#
|
|
ARV
|
|
$462,597
|
|
Purchase Price
|
|
$462,597
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$92,519
|
|
Closing Costs
|
1.000%
|
$4,626
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$8,216
|
|
Total Invested
|
|
$105,362
|
|
Mortgage
|
|
Mortgage Amount
|
|
$370,077.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,780
$3780.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,361
|
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Property Taxes
|
1.216%
|
$5,625
|
|
Property Insurance
|
1.675%
|
$7,748
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$69,390
|
|
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 |
$476,475 |
$490,769 |
$505,492 |
$520,657 |
$536,277 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,878 |
$14,294 |
$14,723 |
$15,165 |
$15,620 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,780 |
$3,893 |
$4,010 |
$4,131 |
$4,254 |
| 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 |
$3,780 |
$3,893 |
$4,010 |
$4,131 |
$4,254 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$113 |
$117 |
$120 |
$124 |
$128 |
| Monthly Gross Operating Income |
$3,667 |
$3,777 |
$3,890 |
$4,007 |
$4,127 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$45,360 |
$46,721 |
$48,122 |
$49,566 |
$51,053 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$45,360 |
$46,721 |
$48,122 |
$49,566 |
$51,053 |
| Annual Vacancy Dollar |
$1,361 |
$1,402 |
$1,444 |
$1,487 |
$1,532 |
| Annual Gross Operating Income |
$43,999 |
$45,319 |
$46,679 |
$48,079 |
$49,521 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.216% |
1.216% |
1.216% |
1.216% |
1.216% |
| Property Taxes Dollar |
$5,625 |
$5,794 |
$5,968 |
$6,147 |
$6,331 |
| Insurance Percent |
1.675% |
1.675% |
1.675% |
1.675% |
1.675% |
| Insurance Dollar |
$7,748 |
$7,981 |
$8,220 |
$8,467 |
$8,721 |
| 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 |
$4,400 |
$4,532 |
$4,668 |
$4,808 |
$4,952 |
| 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 |
$17,774 |
$18,307 |
$18,856 |
$19,422 |
$20,004 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$26,226 |
$27,012 |
$27,823 |
$28,657 |
$29,517 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$29,546 |
$29,546 |
$29,546 |
$29,546 |
$29,546 |
| Principal |
$3,759 |
$4,031 |
$4,323 |
$4,635 |
$4,970 |
| Interest |
$25,786 |
$25,515 |
$25,223 |
$24,911 |
$24,576 |
| Loan Balance at End of Year |
$366,318 |
$362,287 |
$357,965 |
$353,330 |
$348,360 |
| 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 |
$110,157 |
$128,482 |
$147,528 |
$167,327 |
$187,917 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$3,320 |
-$2,533 |
-$1,723 |
-$888 |
-$29 |
| Monhtly Cash Flow |
-$277 |
-$211 |
-$144 |
-$74 |
-$2 |
| Cash on Cash Return on Investment |
-0.032% |
-0.024% |
-0.016% |
-0.008% |
0.000% |
| 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 |