New York Deal Analysis
Let's look at deal analysis for New York, NY 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 York, New York Rental Property
|
Typical 20% Down Payment New York, New York Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$672,656
|
|
Purchase Price
|
|
$672,656
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$134,531
|
|
Closing Costs
|
1.000%
|
$6,727
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$141,258
|
|
Mortgage
|
|
Mortgage Amount
|
|
$538,124.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$8,660
$8660.40
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$3,118
|
|
Property Taxes
|
0.779%
|
$5,240
|
|
Property Insurance
|
0.344%
|
$2,314
|
|
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%
|
$100,898
|
|
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 |
$692,836 |
$713,621 |
$735,029 |
$757,080 |
$779,793 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$20,180 |
$20,785 |
$21,409 |
$22,051 |
$22,712 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$8,660 |
$8,920 |
$9,188 |
$9,463 |
$9,747 |
| 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 |
$8,660 |
$8,920 |
$9,188 |
$9,463 |
$9,747 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$260 |
$268 |
$276 |
$284 |
$292 |
| Monthly Gross Operating Income |
$8,401 |
$8,653 |
$8,912 |
$9,180 |
$9,455 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$103,925 |
$107,043 |
$110,254 |
$113,561 |
$116,968 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$103,925 |
$107,043 |
$110,254 |
$113,561 |
$116,968 |
| Annual Vacancy Dollar |
$3,118 |
$3,211 |
$3,308 |
$3,407 |
$3,509 |
| Annual Gross Operating Income |
$100,807 |
$103,831 |
$106,946 |
$110,155 |
$113,459 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.779% |
0.779% |
0.779% |
0.779% |
0.779% |
| Property Taxes Dollar |
$5,240 |
$5,397 |
$5,559 |
$5,726 |
$5,898 |
| Insurance Percent |
0.344% |
0.344% |
0.344% |
0.344% |
0.344% |
| Insurance Dollar |
$2,314 |
$2,383 |
$2,455 |
$2,529 |
$2,604 |
| 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 |
$10,081 |
$10,383 |
$10,695 |
$11,015 |
$11,346 |
| 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 |
$17,635 |
$18,164 |
$18,709 |
$19,270 |
$19,848 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$83,172 |
$85,668 |
$88,238 |
$90,885 |
$93,611 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$42,962 |
$42,962 |
$42,962 |
$42,962 |
$42,962 |
| Principal |
$5,466 |
$5,862 |
$6,285 |
$6,740 |
$7,227 |
| Interest |
$37,496 |
$37,100 |
$36,677 |
$36,222 |
$35,735 |
| Loan Balance at End of Year |
$532,658 |
$526,797 |
$520,512 |
$513,772 |
$506,545 |
| 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 |
$160,177 |
$186,824 |
$214,518 |
$243,308 |
$273,247 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$40,211 |
$42,706 |
$45,276 |
$47,923 |
$50,649 |
| Monhtly Cash Flow |
$3,351 |
$3,559 |
$3,773 |
$3,994 |
$4,221 |
| Cash on Cash Return on Investment |
0.285% |
0.302% |
0.321% |
0.339% |
0.359% |
| 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 |