Manchester Deal Analysis
Let's look at deal analysis for Manchester, NH 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 Manchester, New Hampshire Rental Property
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Typical 20% Down Payment Manchester, New Hampshire Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$344,458
|
|
Purchase Price
|
|
$344,458
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$68,892
|
|
Closing Costs
|
1.000%
|
$3,445
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$101,496
|
|
Total Invested
|
|
$173,832
|
|
Mortgage
|
|
Mortgage Amount
|
|
$275,566.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,021
$2021.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$728
|
|
Property Taxes
|
2.166%
|
$7,461
|
|
Property Insurance
|
0.332%
|
$1,144
|
|
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%
|
$51,669
|
|
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 |
$354,792 |
$365,435 |
$376,399 |
$387,691 |
$399,321 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,334 |
$10,644 |
$10,963 |
$11,292 |
$11,631 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,021 |
$2,082 |
$2,144 |
$2,209 |
$2,275 |
| 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 |
$2,021 |
$2,082 |
$2,144 |
$2,209 |
$2,275 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$61 |
$62 |
$64 |
$66 |
$68 |
| Monthly Gross Operating Income |
$1,961 |
$2,019 |
$2,080 |
$2,142 |
$2,207 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,255 |
$24,983 |
$25,732 |
$26,504 |
$27,299 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,255 |
$24,983 |
$25,732 |
$26,504 |
$27,299 |
| Annual Vacancy Dollar |
$728 |
$749 |
$772 |
$795 |
$819 |
| Annual Gross Operating Income |
$23,527 |
$24,233 |
$24,960 |
$25,709 |
$26,480 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.166% |
2.166% |
2.166% |
2.166% |
2.166% |
| Property Taxes Dollar |
$7,461 |
$7,685 |
$7,915 |
$8,153 |
$8,397 |
| Insurance Percent |
0.332% |
0.332% |
0.332% |
0.332% |
0.332% |
| Insurance Dollar |
$1,144 |
$1,178 |
$1,213 |
$1,250 |
$1,287 |
| 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 |
$2,353 |
$2,423 |
$2,496 |
$2,571 |
$2,648 |
| 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 |
$10,957 |
$11,286 |
$11,625 |
$11,973 |
$12,333 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$12,570 |
$12,947 |
$13,336 |
$13,736 |
$14,148 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$22,000 |
$22,000 |
$22,000 |
$22,000 |
$22,000 |
| Principal |
$2,799 |
$3,002 |
$3,219 |
$3,451 |
$3,701 |
| Interest |
$19,201 |
$18,999 |
$18,782 |
$18,549 |
$18,299 |
| Loan Balance at End of Year |
$272,767 |
$269,766 |
$266,547 |
$263,096 |
$259,395 |
| 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 |
$82,025 |
$95,670 |
$109,852 |
$124,595 |
$139,926 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,430 |
-$9,053 |
-$8,665 |
-$8,265 |
-$7,852 |
| Monhtly Cash Flow |
-$786 |
-$754 |
-$722 |
-$689 |
-$654 |
| Cash on Cash Return on Investment |
-0.054% |
-0.052% |
-0.050% |
-0.048% |
-0.045% |
| 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 |