New Bedford Deal Analysis
Let's look at deal analysis for New Bedford, MA 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 Bedford, Massachusetts Rental Property
|
Typical 20% Down Payment New Bedford, Massachusetts Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$333,012
|
|
Purchase Price
|
|
$333,012
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$66,602
|
|
Closing Costs
|
1.000%
|
$3,330
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$46,394
|
|
Total Invested
|
|
$116,327
|
|
Mortgage
|
|
Mortgage Amount
|
|
$266,409.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,943
$1942.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$699
|
|
Property Taxes
|
1.383%
|
$4,606
|
|
Property Insurance
|
0.314%
|
$1,046
|
|
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%
|
$49,952
|
|
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 |
$343,002 |
$353,292 |
$363,891 |
$374,808 |
$386,052 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$9,990 |
$10,290 |
$10,599 |
$10,917 |
$11,244 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,943 |
$2,001 |
$2,061 |
$2,123 |
$2,186 |
| 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 |
$1,943 |
$2,001 |
$2,061 |
$2,123 |
$2,186 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$58 |
$60 |
$62 |
$64 |
$66 |
| Monthly Gross Operating Income |
$1,884 |
$1,941 |
$1,999 |
$2,059 |
$2,121 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$23,310 |
$24,009 |
$24,730 |
$25,471 |
$26,236 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$23,310 |
$24,009 |
$24,730 |
$25,471 |
$26,236 |
| Annual Vacancy Dollar |
$699 |
$720 |
$742 |
$764 |
$787 |
| Annual Gross Operating Income |
$22,611 |
$23,289 |
$23,988 |
$24,707 |
$25,449 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.383% |
1.383% |
1.383% |
1.383% |
1.383% |
| Property Taxes Dollar |
$4,606 |
$4,744 |
$4,886 |
$5,033 |
$5,184 |
| Insurance Percent |
0.314% |
0.314% |
0.314% |
0.314% |
0.314% |
| Insurance Dollar |
$1,046 |
$1,077 |
$1,109 |
$1,143 |
$1,177 |
| 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 |
$2,261 |
$2,329 |
$2,399 |
$2,471 |
$2,545 |
| 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 |
$7,912 |
$8,150 |
$8,394 |
$8,646 |
$8,905 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,698 |
$15,139 |
$15,594 |
$16,061 |
$16,543 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$21,269 |
$21,269 |
$21,269 |
$21,269 |
$21,269 |
| Principal |
$2,706 |
$2,902 |
$3,112 |
$3,337 |
$3,578 |
| Interest |
$18,563 |
$18,367 |
$18,158 |
$17,933 |
$17,691 |
| Loan Balance at End of Year |
$263,703 |
$260,802 |
$257,690 |
$254,353 |
$250,776 |
| 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 |
$79,299 |
$92,491 |
$106,201 |
$120,455 |
$135,277 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$6,571 |
-$6,130 |
-$5,676 |
-$5,208 |
-$4,726 |
| Monhtly Cash Flow |
-$548 |
-$511 |
-$473 |
-$434 |
-$394 |
| Cash on Cash Return on Investment |
-0.056% |
-0.053% |
-0.049% |
-0.045% |
-0.041% |
| 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 |