Laredo Deal Analysis
Let's look at deal analysis for Laredo, 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 Laredo, Texas Rental Property
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Typical 20% Down Payment Laredo, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$171,099
|
|
Purchase Price
|
|
$171,099
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$34,220
|
|
Closing Costs
|
1.000%
|
$1,711
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$8,813
|
|
Total Invested
|
|
$44,744
|
|
Mortgage
|
|
Mortgage Amount
|
|
$136,879.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,496
$1496.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$539
|
|
Property Taxes
|
2.587%
|
$4,426
|
|
Property Insurance
|
1.419%
|
$2,428
|
|
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%
|
$25,665
|
|
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 |
$176,232 |
$181,519 |
$186,964 |
$192,573 |
$198,351 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,133 |
$5,287 |
$5,446 |
$5,609 |
$5,777 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,496 |
$1,541 |
$1,587 |
$1,635 |
$1,684 |
| 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 |
$1,496 |
$1,541 |
$1,587 |
$1,635 |
$1,684 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$45 |
$46 |
$48 |
$49 |
$51 |
| Monthly Gross Operating Income |
$1,451 |
$1,495 |
$1,540 |
$1,586 |
$1,634 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$17,955 |
$18,494 |
$19,048 |
$19,620 |
$20,209 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$17,955 |
$18,494 |
$19,048 |
$19,620 |
$20,209 |
| Annual Vacancy Dollar |
$539 |
$555 |
$571 |
$589 |
$606 |
| Annual Gross Operating Income |
$17,416 |
$17,939 |
$18,477 |
$19,031 |
$19,602 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.587% |
2.587% |
2.587% |
2.587% |
2.587% |
| Property Taxes Dollar |
$4,426 |
$4,559 |
$4,696 |
$4,837 |
$4,982 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$2,428 |
$2,501 |
$2,576 |
$2,653 |
$2,733 |
| 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 |
$1,742 |
$1,794 |
$1,848 |
$1,903 |
$1,960 |
| 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 |
$8,596 |
$8,854 |
$9,119 |
$9,393 |
$9,675 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$8,820 |
$9,085 |
$9,358 |
$9,638 |
$9,928 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$10,928 |
$10,928 |
$10,928 |
$10,928 |
$10,928 |
| Principal |
$1,390 |
$1,491 |
$1,599 |
$1,714 |
$1,838 |
| Interest |
$9,537 |
$9,437 |
$9,329 |
$9,214 |
$9,090 |
| Loan Balance at End of Year |
$135,489 |
$133,998 |
$132,399 |
$130,685 |
$128,847 |
| 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 |
$40,743 |
$47,521 |
$54,565 |
$61,889 |
$69,504 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$2,107 |
-$1,843 |
-$1,570 |
-$1,290 |
-$1,000 |
| Monhtly Cash Flow |
-$176 |
-$154 |
-$131 |
-$107 |
-$83 |
| Cash on Cash Return on Investment |
-0.047% |
-0.041% |
-0.035% |
-0.029% |
-0.022% |
| 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 |