Gresham Deal Analysis
Let's look at deal analysis for Gresham, OR 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 Gresham, Oregon Rental Property
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Typical 20% Down Payment Gresham, Oregon Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$429,715
|
|
Purchase Price
|
|
$429,715
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$85,943
|
|
Closing Costs
|
1.000%
|
$4,297
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$155,800
|
|
Total Invested
|
|
$246,040
|
|
Mortgage
|
|
Mortgage Amount
|
|
$343,772
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,992
$1991.85
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$717
|
|
Property Taxes
|
1.167%
|
$5,015
|
|
Property Insurance
|
0.283%
|
$1,216
|
|
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%
|
$64,457
|
|
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 |
$442,606 |
$455,885 |
$469,561 |
$483,648 |
$498,157 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,891 |
$13,278 |
$13,677 |
$14,087 |
$14,509 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,992 |
$2,052 |
$2,113 |
$2,177 |
$2,242 |
| 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 |
$1,992 |
$2,052 |
$2,113 |
$2,177 |
$2,242 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$60 |
$62 |
$63 |
$65 |
$67 |
| Monthly Gross Operating Income |
$1,932 |
$1,990 |
$2,050 |
$2,111 |
$2,175 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$23,902 |
$24,619 |
$25,358 |
$26,119 |
$26,902 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$23,902 |
$24,619 |
$25,358 |
$26,119 |
$26,902 |
| Annual Vacancy Dollar |
$717 |
$739 |
$761 |
$784 |
$807 |
| Annual Gross Operating Income |
$23,185 |
$23,881 |
$24,597 |
$25,335 |
$26,095 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.167% |
1.167% |
1.167% |
1.167% |
1.167% |
| Property Taxes Dollar |
$5,015 |
$5,165 |
$5,320 |
$5,480 |
$5,644 |
| Insurance Percent |
0.283% |
0.283% |
0.283% |
0.283% |
0.283% |
| Insurance Dollar |
$1,216 |
$1,253 |
$1,290 |
$1,329 |
$1,369 |
| 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 |
$2,319 |
$2,388 |
$2,460 |
$2,534 |
$2,610 |
| 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 |
$8,549 |
$8,806 |
$9,070 |
$9,342 |
$9,622 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,636 |
$15,075 |
$15,527 |
$15,993 |
$16,473 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$27,445 |
$27,445 |
$27,445 |
$27,445 |
$27,445 |
| Principal |
$3,492 |
$3,744 |
$4,015 |
$4,305 |
$4,617 |
| Interest |
$23,953 |
$23,701 |
$23,430 |
$23,140 |
$22,829 |
| Loan Balance at End of Year |
$340,280 |
$336,536 |
$332,520 |
$328,215 |
$323,598 |
| 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 |
$102,326 |
$119,349 |
$137,041 |
$155,433 |
$174,559 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,810 |
-$12,371 |
-$11,918 |
-$11,453 |
-$10,973 |
| Monhtly Cash Flow |
-$1,067 |
-$1,031 |
-$993 |
-$954 |
-$914 |
| Cash on Cash Return on Investment |
-0.052% |
-0.050% |
-0.048% |
-0.047% |
-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 |