St Paul Deal Analysis
Let's look at deal analysis for St Paul, MN 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 St Paul, Minnesota Rental Property
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Typical 20% Down Payment St Paul, Minnesota Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$264,840
|
|
Purchase Price
|
|
$264,840
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$52,968
|
|
Closing Costs
|
1.000%
|
$2,648
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$13,967
|
|
Total Invested
|
|
$69,583
|
|
Mortgage
|
|
Mortgage Amount
|
|
$211,872
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,864
$1863.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$671
|
|
Property Taxes
|
1.356%
|
$3,591
|
|
Property Insurance
|
0.875%
|
$2,317
|
|
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%
|
$39,726
|
|
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 |
$272,785 |
$280,969 |
$289,398 |
$298,080 |
$307,022 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,945 |
$8,184 |
$8,429 |
$8,682 |
$8,942 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,864 |
$1,920 |
$1,977 |
$2,037 |
$2,098 |
| 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 |
$1,864 |
$1,920 |
$1,977 |
$2,037 |
$2,098 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$56 |
$58 |
$59 |
$61 |
$63 |
| Monthly Gross Operating Income |
$1,808 |
$1,862 |
$1,918 |
$1,975 |
$2,035 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$22,365 |
$23,036 |
$23,727 |
$24,439 |
$25,172 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$22,365 |
$23,036 |
$23,727 |
$24,439 |
$25,172 |
| Annual Vacancy Dollar |
$671 |
$691 |
$712 |
$733 |
$755 |
| Annual Gross Operating Income |
$21,694 |
$22,345 |
$23,015 |
$23,706 |
$24,417 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.356% |
1.356% |
1.356% |
1.356% |
1.356% |
| Property Taxes Dollar |
$3,591 |
$3,699 |
$3,810 |
$3,924 |
$4,042 |
| Insurance Percent |
0.875% |
0.875% |
0.875% |
0.875% |
0.875% |
| Insurance Dollar |
$2,317 |
$2,387 |
$2,458 |
$2,532 |
$2,608 |
| 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 |
$2,169 |
$2,234 |
$2,302 |
$2,371 |
$2,442 |
| 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 |
$8,078 |
$8,320 |
$8,570 |
$8,827 |
$9,092 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,616 |
$14,025 |
$14,445 |
$14,879 |
$15,325 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$16,915 |
$16,915 |
$16,915 |
$16,915 |
$16,915 |
| Principal |
$2,152 |
$2,308 |
$2,475 |
$2,654 |
$2,845 |
| Interest |
$14,763 |
$14,607 |
$14,440 |
$14,262 |
$14,070 |
| Loan Balance at End of Year |
$209,720 |
$207,412 |
$204,937 |
$202,284 |
$199,438 |
| 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 |
$63,065 |
$73,557 |
$84,460 |
$95,796 |
$107,584 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$3,299 |
-$2,891 |
-$2,470 |
-$2,036 |
-$1,590 |
| Monhtly Cash Flow |
-$275 |
-$241 |
-$206 |
-$170 |
-$133 |
| Cash on Cash Return on Investment |
-0.047% |
-0.042% |
-0.035% |
-0.029% |
-0.023% |
| 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 |