Portland Deal Analysis
Let's look at deal analysis for Portland, 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 Portland, Oregon Rental Property
|
Typical 20% Down Payment Portland, Oregon Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$544,475
|
|
Purchase Price
|
|
$544,475
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$108,895
|
|
Closing Costs
|
1.000%
|
$5,445
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$18,293
|
|
Total Invested
|
|
$132,633
|
|
Mortgage
|
|
Mortgage Amount
|
|
$435,580
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,481
$3480.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,253
|
|
Property Taxes
|
1.022%
|
$5,565
|
|
Property Insurance
|
0.283%
|
$1,541
|
|
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%
|
$81,671
|
|
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 |
$560,809 |
$577,634 |
$594,963 |
$612,811 |
$631,196 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$16,334 |
$16,824 |
$17,329 |
$17,849 |
$18,384 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,481 |
$3,585 |
$3,693 |
$3,804 |
$3,918 |
| 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 |
$3,481 |
$3,585 |
$3,693 |
$3,804 |
$3,918 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$104 |
$108 |
$111 |
$114 |
$118 |
| Monthly Gross Operating Income |
$3,376 |
$3,478 |
$3,582 |
$3,689 |
$3,800 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,769 |
$43,022 |
$44,313 |
$45,642 |
$47,011 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,769 |
$43,022 |
$44,313 |
$45,642 |
$47,011 |
| Annual Vacancy Dollar |
$1,253 |
$1,291 |
$1,329 |
$1,369 |
$1,410 |
| Annual Gross Operating Income |
$40,516 |
$41,731 |
$42,983 |
$44,273 |
$45,601 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.022% |
1.022% |
1.022% |
1.022% |
1.022% |
| Property Taxes Dollar |
$5,565 |
$5,731 |
$5,903 |
$6,081 |
$6,263 |
| Insurance Percent |
0.283% |
0.283% |
0.283% |
0.283% |
0.283% |
| Insurance Dollar |
$1,541 |
$1,587 |
$1,635 |
$1,684 |
$1,734 |
| 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 |
$4,052 |
$4,173 |
$4,298 |
$4,427 |
$4,560 |
| 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 |
$11,157 |
$11,492 |
$11,836 |
$12,192 |
$12,557 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$29,359 |
$30,240 |
$31,147 |
$32,081 |
$33,044 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$34,775 |
$34,775 |
$34,775 |
$34,775 |
$34,775 |
| Principal |
$4,425 |
$4,744 |
$5,087 |
$5,455 |
$5,850 |
| Interest |
$30,350 |
$30,031 |
$29,688 |
$29,320 |
$28,925 |
| Loan Balance at End of Year |
$431,155 |
$426,411 |
$421,323 |
$415,868 |
$410,019 |
| 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 |
$129,654 |
$151,223 |
$173,639 |
$196,943 |
$221,177 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,416 |
-$4,535 |
-$3,628 |
-$2,694 |
-$1,731 |
| Monhtly Cash Flow |
-$451 |
-$378 |
-$302 |
-$224 |
-$144 |
| Cash on Cash Return on Investment |
-0.041% |
-0.034% |
-0.027% |
-0.020% |
-0.013% |
| 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 |