Quincy Deal Analysis
Let's look at deal analysis for Quincy, 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 Quincy, Massachusetts Rental Property
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Typical 20% Down Payment Quincy, Massachusetts Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$607,998
|
|
Purchase Price
|
|
$607,998
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$121,600
|
|
Closing Costs
|
1.000%
|
$6,080
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$91,644
|
|
Total Invested
|
|
$219,324
|
|
Mortgage
|
|
Mortgage Amount
|
|
$486,398.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,439
$3438.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,238
|
|
Property Taxes
|
1.270%
|
$7,722
|
|
Property Insurance
|
0.314%
|
$1,909
|
|
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%
|
$91,200
|
|
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 |
$626,238 |
$645,025 |
$664,376 |
$684,307 |
$704,836 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,240 |
$18,787 |
$19,351 |
$19,931 |
$20,529 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,439 |
$3,542 |
$3,648 |
$3,758 |
$3,870 |
| 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 |
$3,439 |
$3,542 |
$3,648 |
$3,758 |
$3,870 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$103 |
$106 |
$109 |
$113 |
$116 |
| Monthly Gross Operating Income |
$3,336 |
$3,436 |
$3,539 |
$3,645 |
$3,754 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,265 |
$42,503 |
$43,778 |
$45,091 |
$46,444 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,265 |
$42,503 |
$43,778 |
$45,091 |
$46,444 |
| Annual Vacancy Dollar |
$1,238 |
$1,275 |
$1,313 |
$1,353 |
$1,393 |
| Annual Gross Operating Income |
$40,027 |
$41,228 |
$42,465 |
$43,739 |
$45,051 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.270% |
1.270% |
1.270% |
1.270% |
1.270% |
| Property Taxes Dollar |
$7,722 |
$7,953 |
$8,192 |
$8,438 |
$8,691 |
| Insurance Percent |
0.314% |
0.314% |
0.314% |
0.314% |
0.314% |
| Insurance Dollar |
$1,909 |
$1,966 |
$2,025 |
$2,086 |
$2,149 |
| 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 |
$4,003 |
$4,123 |
$4,246 |
$4,374 |
$4,505 |
| 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 |
$13,633 |
$14,042 |
$14,464 |
$14,898 |
$15,345 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$26,394 |
$27,185 |
$28,001 |
$28,841 |
$29,706 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$38,832 |
$38,832 |
$38,832 |
$38,832 |
$38,832 |
| Principal |
$4,941 |
$5,298 |
$5,681 |
$6,092 |
$6,532 |
| Interest |
$33,891 |
$33,534 |
$33,151 |
$32,741 |
$32,300 |
| Loan Balance at End of Year |
$481,458 |
$476,159 |
$470,478 |
$464,387 |
$457,855 |
| 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 |
$144,780 |
$168,866 |
$193,897 |
$219,920 |
$246,982 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,439 |
-$11,647 |
-$10,831 |
-$9,991 |
-$9,126 |
| Monhtly Cash Flow |
-$1,037 |
-$971 |
-$903 |
-$833 |
-$760 |
| Cash on Cash Return on Investment |
-0.057% |
-0.053% |
-0.049% |
-0.046% |
-0.042% |
| 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 |