Carrollton Deal Analysis
Let's look at deal analysis for Carrollton, 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 Carrollton, Texas Rental Property
Typical 20% Down Payment Carrollton, Texas Rental Property
|
Purchase Inputs
|
|
Percents
|
Dollars/#
|
ARV
|
|
$372,700
|
Purchase Price
|
|
$372,700
|
Seller Concessions
|
—
|
$0
|
Down Payment
|
20.000%
|
$74,540
|
Closing Costs
|
1.000%
|
$3,727
|
Rent Ready Costs
|
|
$0
|
Cumulative Negative Cash Flow
|
|
$35,960
|
Total Invested
|
|
$114,227
|
Mortgage
|
Mortgage Amount
|
|
$298,160
|
Mortgage Interest Rate
|
7.000%
|
|
Loan Term
|
|
360
|
Private Mortgage Insurance
|
0%
|
$0
|
Drop PMI LTV
|
0.000%
|
|
Income
|
Monthly Rent
|
|
$2,846
$2845.50
|
Other Income
|
|
$0
|
Annual Expenses
|
Vacancy Rate
|
3.000%
|
$1,024
|
Property Taxes
|
1.858%
|
$6,925
|
Property Insurance
|
1.419%
|
$5,289
|
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%
|
$55,905
|
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 |
$383,881 |
$395,397 |
$407,259 |
$419,477 |
$432,061 |
Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Appreciation Dollar |
$11,181 |
$11,516 |
$11,862 |
$12,218 |
$12,584 |
Monthly Income |
1 |
2 |
3 |
4 |
5 |
Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Rent |
$2,846 |
$2,931 |
$3,019 |
$3,109 |
$3,203 |
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 |
$2,846 |
$2,931 |
$3,019 |
$3,109 |
$3,203 |
Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Vacancy Dollar |
$85 |
$88 |
$91 |
$93 |
$96 |
Monthly Gross Operating Income |
$2,760 |
$2,843 |
$2,928 |
$3,016 |
$3,107 |
Annual Income |
1 |
2 |
3 |
4 |
5 |
Annual Rent |
$34,146 |
$35,170 |
$36,225 |
$37,312 |
$38,432 |
Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
Annual Gross Potential Income |
$34,146 |
$35,170 |
$36,225 |
$37,312 |
$38,432 |
Annual Vacancy Dollar |
$1,024 |
$1,055 |
$1,087 |
$1,119 |
$1,153 |
Annual Gross Operating Income |
$33,122 |
$34,115 |
$35,139 |
$36,193 |
$37,279 |
Annual Expenses |
1 |
2 |
3 |
4 |
5 |
Property Taxes Percent |
1.858% |
1.858% |
1.858% |
1.858% |
1.858% |
Property Taxes Dollar |
$6,925 |
$7,133 |
$7,346 |
$7,567 |
$7,794 |
Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
Insurance Dollar |
$5,289 |
$5,447 |
$5,611 |
$5,779 |
$5,952 |
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 |
$3,312 |
$3,412 |
$3,514 |
$3,619 |
$3,728 |
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 |
$15,526 |
$15,991 |
$16,471 |
$16,965 |
$17,474 |
Net Operating Income |
1 |
2 |
3 |
4 |
5 |
Net Operating Income (NOI) |
$17,596 |
$18,124 |
$18,668 |
$19,228 |
$19,805 |
Mortgage |
1 |
2 |
3 |
4 |
5 |
Total Annual P&I Payments |
$23,804 |
$23,804 |
$23,804 |
$23,804 |
$23,804 |
Principal |
$3,029 |
$3,248 |
$3,483 |
$3,734 |
$4,004 |
Interest |
$20,775 |
$20,556 |
$20,322 |
$20,070 |
$19,800 |
Loan Balance at End of Year |
$295,131 |
$291,883 |
$288,401 |
$284,667 |
$280,662 |
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 |
$88,750 |
$103,514 |
$118,858 |
$134,810 |
$151,399 |
Cash Flow |
1 |
2 |
3 |
4 |
5 |
Annual Cash Flow |
-$6,208 |
-$5,680 |
-$5,136 |
-$4,576 |
-$3,999 |
Monhtly Cash Flow |
-$517 |
-$473 |
-$428 |
-$381 |
-$333 |
Cash on Cash Return on Investment |
-0.054% |
-0.050% |
-0.045% |
-0.040% |
-0.035% |
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 |