Alexandria Deal Analysis
Let's look at deal analysis for Alexandria, VA 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 Alexandria, Virginia Rental Property
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Typical 20% Down Payment Alexandria, Virginia Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$646,639
|
|
Purchase Price
|
|
$646,639
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$129,328
|
|
Closing Costs
|
1.000%
|
$6,466
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$172,362
|
|
Total Invested
|
|
$308,156
|
|
Mortgage
|
|
Mortgage Amount
|
|
$517,311.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,150
$3150.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,134
|
|
Property Taxes
|
0.974%
|
$6,298
|
|
Property Insurance
|
0.367%
|
$2,373
|
|
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%
|
$96,996
|
|
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 |
$666,038 |
$686,019 |
$706,600 |
$727,798 |
$749,632 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$19,399 |
$19,981 |
$20,581 |
$21,198 |
$21,834 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,150 |
$3,245 |
$3,342 |
$3,442 |
$3,545 |
| 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 |
$3,150 |
$3,245 |
$3,342 |
$3,442 |
$3,545 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$95 |
$97 |
$100 |
$103 |
$106 |
| Monthly Gross Operating Income |
$3,056 |
$3,147 |
$3,242 |
$3,339 |
$3,439 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$37,800 |
$38,934 |
$40,102 |
$41,305 |
$42,544 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$37,800 |
$38,934 |
$40,102 |
$41,305 |
$42,544 |
| Annual Vacancy Dollar |
$1,134 |
$1,168 |
$1,203 |
$1,239 |
$1,276 |
| Annual Gross Operating Income |
$36,666 |
$37,766 |
$38,899 |
$40,066 |
$41,268 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.974% |
0.974% |
0.974% |
0.974% |
0.974% |
| Property Taxes Dollar |
$6,298 |
$6,487 |
$6,682 |
$6,882 |
$7,089 |
| Insurance Percent |
0.367% |
0.367% |
0.367% |
0.367% |
0.367% |
| Insurance Dollar |
$2,373 |
$2,444 |
$2,518 |
$2,593 |
$2,671 |
| 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 |
$3,667 |
$3,777 |
$3,890 |
$4,007 |
$4,127 |
| 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 |
$12,338 |
$12,708 |
$13,089 |
$13,482 |
$13,887 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,328 |
$25,058 |
$25,810 |
$26,584 |
$27,381 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$41,300 |
$41,300 |
$41,300 |
$41,300 |
$41,300 |
| Principal |
$5,255 |
$5,635 |
$6,042 |
$6,479 |
$6,947 |
| Interest |
$36,045 |
$35,665 |
$35,258 |
$34,821 |
$34,353 |
| Loan Balance at End of Year |
$512,056 |
$506,422 |
$500,380 |
$493,901 |
$486,954 |
| 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 |
$153,982 |
$179,598 |
$206,220 |
$233,897 |
$262,678 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$16,972 |
-$16,242 |
-$15,491 |
-$14,716 |
-$13,919 |
| Monhtly Cash Flow |
-$1,414 |
-$1,354 |
-$1,291 |
-$1,226 |
-$1,160 |
| Cash on Cash Return on Investment |
-0.055% |
-0.053% |
-0.050% |
-0.048% |
-0.045% |
| 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 |