Amarillo Deal Analysis
Let's look at deal analysis for Amarillo, TX 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 Amarillo, Texas Rental Property
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Typical 20% Down Payment Amarillo, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$167,619
|
|
Purchase Price
|
|
$167,619
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$33,524
|
|
Closing Costs
|
1.000%
|
$1,676
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$14,371
|
|
Total Invested
|
|
$49,571
|
|
Mortgage
|
|
Mortgage Amount
|
|
$134,095.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,313
$1312.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$473
|
|
Property Taxes
|
1.972%
|
$3,305
|
|
Property Insurance
|
1.419%
|
$2,379
|
|
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%
|
$25,143
|
|
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 |
$172,648 |
$177,827 |
$183,162 |
$188,657 |
$194,316 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,029 |
$5,179 |
$5,335 |
$5,495 |
$5,660 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,313 |
$1,352 |
$1,392 |
$1,434 |
$1,477 |
| 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 |
$1,313 |
$1,352 |
$1,392 |
$1,434 |
$1,477 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$39 |
$41 |
$42 |
$43 |
$44 |
| Monthly Gross Operating Income |
$1,273 |
$1,311 |
$1,351 |
$1,391 |
$1,433 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$15,750 |
$16,223 |
$16,709 |
$17,210 |
$17,727 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$15,750 |
$16,223 |
$16,709 |
$17,210 |
$17,727 |
| Annual Vacancy Dollar |
$473 |
$487 |
$501 |
$516 |
$532 |
| Annual Gross Operating Income |
$15,278 |
$15,736 |
$16,208 |
$16,694 |
$17,195 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.972% |
1.972% |
1.972% |
1.972% |
1.972% |
| Property Taxes Dollar |
$3,305 |
$3,405 |
$3,507 |
$3,612 |
$3,720 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$2,379 |
$2,450 |
$2,523 |
$2,599 |
$2,677 |
| 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 |
$1,528 |
$1,574 |
$1,621 |
$1,669 |
$1,719 |
| 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 |
$7,212 |
$7,428 |
$7,651 |
$7,880 |
$8,117 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$8,066 |
$8,308 |
$8,557 |
$8,814 |
$9,078 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$10,706 |
$10,706 |
$10,706 |
$10,706 |
$10,706 |
| Principal |
$1,362 |
$1,461 |
$1,566 |
$1,679 |
$1,801 |
| Interest |
$9,344 |
$9,245 |
$9,139 |
$9,026 |
$8,905 |
| Loan Balance at End of Year |
$132,733 |
$131,272 |
$129,706 |
$128,027 |
$126,226 |
| 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 |
$39,915 |
$46,555 |
$53,456 |
$60,630 |
$68,091 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$2,640 |
-$2,398 |
-$2,149 |
-$1,892 |
-$1,628 |
| Monhtly Cash Flow |
-$220 |
-$200 |
-$179 |
-$158 |
-$136 |
| Cash on Cash Return on Investment |
-0.053% |
-0.048% |
-0.043% |
-0.038% |
-0.033% |
| 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 |