Allentown Deal Analysis
Let's look at deal analysis for Allentown, PA 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 Allentown, Pennsylvania Rental Property
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Typical 20% Down Payment Allentown, Pennsylvania Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$218,049
|
|
Purchase Price
|
|
$218,049
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$43,610
|
|
Closing Costs
|
1.000%
|
$2,180
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$26,420
|
|
Total Invested
|
|
$72,210
|
|
Mortgage
|
|
Mortgage Amount
|
|
$174,439.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,523
$1522.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$548
|
|
Property Taxes
|
2.213%
|
$4,825
|
|
Property Insurance
|
0.566%
|
$1,234
|
|
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%
|
$32,707
|
|
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 |
$224,590 |
$231,328 |
$238,268 |
$245,416 |
$252,779 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$6,541 |
$6,738 |
$6,940 |
$7,148 |
$7,362 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,523 |
$1,568 |
$1,615 |
$1,664 |
$1,714 |
| 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 |
$1,523 |
$1,568 |
$1,615 |
$1,664 |
$1,714 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$46 |
$47 |
$48 |
$50 |
$51 |
| Monthly Gross Operating Income |
$1,477 |
$1,521 |
$1,567 |
$1,614 |
$1,662 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$18,270 |
$18,818 |
$19,383 |
$19,964 |
$20,563 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$18,270 |
$18,818 |
$19,383 |
$19,964 |
$20,563 |
| Annual Vacancy Dollar |
$548 |
$565 |
$581 |
$599 |
$617 |
| Annual Gross Operating Income |
$17,722 |
$18,254 |
$18,801 |
$19,365 |
$19,946 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.213% |
2.213% |
2.213% |
2.213% |
2.213% |
| Property Taxes Dollar |
$4,825 |
$4,970 |
$5,119 |
$5,273 |
$5,431 |
| Insurance Percent |
0.566% |
0.566% |
0.566% |
0.566% |
0.566% |
| Insurance Dollar |
$1,234 |
$1,271 |
$1,309 |
$1,349 |
$1,389 |
| 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 |
$1,772 |
$1,825 |
$1,880 |
$1,937 |
$1,995 |
| 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 |
$7,832 |
$8,067 |
$8,309 |
$8,558 |
$8,815 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$9,890 |
$10,187 |
$10,492 |
$10,807 |
$11,131 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$13,927 |
$13,927 |
$13,927 |
$13,927 |
$13,927 |
| Principal |
$1,772 |
$1,900 |
$2,037 |
$2,185 |
$2,343 |
| Interest |
$12,155 |
$12,027 |
$11,889 |
$11,742 |
$11,584 |
| Loan Balance at End of Year |
$172,667 |
$170,767 |
$168,730 |
$166,545 |
$164,202 |
| 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 |
$51,923 |
$60,561 |
$69,538 |
$78,871 |
$88,576 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$4,036 |
-$3,740 |
-$3,434 |
-$3,119 |
-$2,795 |
| Monhtly Cash Flow |
-$336 |
-$312 |
-$286 |
-$260 |
-$233 |
| Cash on Cash Return on Investment |
-0.056% |
-0.052% |
-0.048% |
-0.043% |
-0.039% |
| 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 |