Nashville Deal Analysis
Let's look at deal analysis for Nashville, TN 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 Nashville, Tennessee Rental Property
|
Typical 20% Down Payment Nashville, Tennessee Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$395,732
|
|
Purchase Price
|
|
$395,732
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$79,146
|
|
Closing Costs
|
1.000%
|
$3,957
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$83,104
|
|
Mortgage
|
|
Mortgage Amount
|
|
$316,585.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,990
$3990.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,436
|
|
Property Taxes
|
0.814%
|
$3,221
|
|
Property Insurance
|
1.131%
|
$4,476
|
|
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%
|
$59,360
|
|
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 |
$407,604 |
$419,832 |
$432,427 |
$445,400 |
$458,762 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,872 |
$12,228 |
$12,595 |
$12,973 |
$13,362 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,990 |
$4,110 |
$4,233 |
$4,360 |
$4,491 |
| 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 |
$3,990 |
$4,110 |
$4,233 |
$4,360 |
$4,491 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$120 |
$123 |
$127 |
$131 |
$135 |
| Monthly Gross Operating Income |
$3,870 |
$3,986 |
$4,106 |
$4,229 |
$4,356 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$47,880 |
$49,316 |
$50,796 |
$52,320 |
$53,889 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$47,880 |
$49,316 |
$50,796 |
$52,320 |
$53,889 |
| Annual Vacancy Dollar |
$1,436 |
$1,479 |
$1,524 |
$1,570 |
$1,617 |
| Annual Gross Operating Income |
$46,444 |
$47,837 |
$49,272 |
$50,750 |
$52,273 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.814% |
0.814% |
0.814% |
0.814% |
0.814% |
| Property Taxes Dollar |
$3,221 |
$3,318 |
$3,417 |
$3,520 |
$3,626 |
| Insurance Percent |
1.131% |
1.131% |
1.131% |
1.131% |
1.131% |
| Insurance Dollar |
$4,476 |
$4,610 |
$4,748 |
$4,891 |
$5,037 |
| 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 |
$4,644 |
$4,784 |
$4,927 |
$5,075 |
$5,227 |
| 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 |
$12,341 |
$12,712 |
$13,093 |
$13,486 |
$13,890 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$34,102 |
$35,125 |
$36,179 |
$37,264 |
$38,382 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$25,275 |
$25,275 |
$25,275 |
$25,275 |
$25,275 |
| Principal |
$3,216 |
$3,448 |
$3,698 |
$3,965 |
$4,252 |
| Interest |
$22,059 |
$21,827 |
$21,577 |
$21,310 |
$21,023 |
| Loan Balance at End of Year |
$313,370 |
$309,921 |
$306,224 |
$302,259 |
$298,007 |
| 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 |
$94,234 |
$109,911 |
$126,203 |
$143,141 |
$160,755 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$8,827 |
$9,850 |
$10,904 |
$11,989 |
$13,107 |
| Monhtly Cash Flow |
$736 |
$821 |
$909 |
$999 |
$1,092 |
| Cash on Cash Return on Investment |
0.106% |
0.119% |
0.131% |
0.144% |
0.158% |
| 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 |