Fayetteville Deal Analysis
Let's look at deal analysis for Fayetteville, NC 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 Fayetteville, North Carolina Rental Property
|
Typical 20% Down Payment Fayetteville, North Carolina Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$157,308
|
|
Purchase Price
|
|
$157,308
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$31,462
|
|
Closing Costs
|
1.000%
|
$1,573
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$33,035
|
|
Mortgage
|
|
Mortgage Amount
|
|
$125,846.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,804
$1803.90
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$649
|
|
Property Taxes
|
1.295%
|
$2,037
|
|
Property Insurance
|
0.484%
|
$761
|
|
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%
|
$23,596
|
|
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 |
$162,027 |
$166,888 |
$171,895 |
$177,052 |
$182,363 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,719 |
$4,861 |
$5,007 |
$5,157 |
$5,312 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,804 |
$1,858 |
$1,914 |
$1,971 |
$2,030 |
| 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 |
$1,804 |
$1,858 |
$1,914 |
$1,971 |
$2,030 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$54 |
$56 |
$57 |
$59 |
$61 |
| Monthly Gross Operating Income |
$1,750 |
$1,802 |
$1,856 |
$1,912 |
$1,969 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$21,647 |
$22,296 |
$22,965 |
$23,654 |
$24,364 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$21,647 |
$22,296 |
$22,965 |
$23,654 |
$24,364 |
| Annual Vacancy Dollar |
$649 |
$669 |
$689 |
$710 |
$731 |
| Annual Gross Operating Income |
$20,997 |
$21,627 |
$22,276 |
$22,944 |
$23,633 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.295% |
1.295% |
1.295% |
1.295% |
1.295% |
| Property Taxes Dollar |
$2,037 |
$2,098 |
$2,161 |
$2,226 |
$2,293 |
| Insurance Percent |
0.484% |
0.484% |
0.484% |
0.484% |
0.484% |
| Insurance Dollar |
$761 |
$784 |
$808 |
$832 |
$857 |
| 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 |
$2,100 |
$2,163 |
$2,228 |
$2,294 |
$2,363 |
| 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 |
$4,898 |
$5,045 |
$5,197 |
$5,352 |
$5,513 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,099 |
$16,582 |
$17,080 |
$17,592 |
$18,120 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$10,047 |
$10,047 |
$10,047 |
$10,047 |
$10,047 |
| Principal |
$1,278 |
$1,371 |
$1,470 |
$1,576 |
$1,690 |
| Interest |
$8,769 |
$8,676 |
$8,577 |
$8,471 |
$8,357 |
| Loan Balance at End of Year |
$124,568 |
$123,197 |
$121,727 |
$120,151 |
$118,461 |
| 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 |
$37,459 |
$43,691 |
$50,167 |
$56,900 |
$63,902 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$6,052 |
$6,535 |
$7,032 |
$7,545 |
$8,073 |
| Monhtly Cash Flow |
$504 |
$545 |
$586 |
$629 |
$673 |
| Cash on Cash Return on Investment |
0.183% |
0.198% |
0.213% |
0.228% |
0.244% |
| 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 |