Everett Deal Analysis
Let's look at deal analysis for Everett, WA 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 Everett, Washington Rental Property
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Typical 20% Down Payment Everett, Washington Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$629,868
|
|
Purchase Price
|
|
$629,868
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$125,974
|
|
Closing Costs
|
1.000%
|
$6,299
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$165,405
|
|
Total Invested
|
|
$297,678
|
|
Mortgage
|
|
Mortgage Amount
|
|
$503,894.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,993
$2992.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,077
|
|
Property Taxes
|
0.969%
|
$6,103
|
|
Property Insurance
|
0.229%
|
$1,442
|
|
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%
|
$94,480
|
|
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 |
$648,764 |
$668,227 |
$688,274 |
$708,922 |
$730,190 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,896 |
$19,463 |
$20,047 |
$20,648 |
$21,268 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,993 |
$3,082 |
$3,175 |
$3,270 |
$3,368 |
| 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 |
$2,993 |
$3,082 |
$3,175 |
$3,270 |
$3,368 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$90 |
$92 |
$95 |
$98 |
$101 |
| Monthly Gross Operating Income |
$2,903 |
$2,990 |
$3,080 |
$3,172 |
$3,267 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$35,910 |
$36,987 |
$38,097 |
$39,240 |
$40,417 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$35,910 |
$36,987 |
$38,097 |
$39,240 |
$40,417 |
| Annual Vacancy Dollar |
$1,077 |
$1,110 |
$1,143 |
$1,177 |
$1,213 |
| Annual Gross Operating Income |
$34,833 |
$35,878 |
$36,954 |
$38,063 |
$39,205 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.969% |
0.969% |
0.969% |
0.969% |
0.969% |
| Property Taxes Dollar |
$6,103 |
$6,287 |
$6,475 |
$6,669 |
$6,869 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$1,442 |
$1,486 |
$1,530 |
$1,576 |
$1,623 |
| 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 |
$3,483 |
$3,588 |
$3,695 |
$3,806 |
$3,920 |
| 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 |
$11,029 |
$11,360 |
$11,701 |
$12,052 |
$12,413 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$23,804 |
$24,518 |
$25,253 |
$26,011 |
$26,791 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$40,229 |
$40,229 |
$40,229 |
$40,229 |
$40,229 |
| Principal |
$5,119 |
$5,489 |
$5,885 |
$6,311 |
$6,767 |
| Interest |
$35,110 |
$34,740 |
$34,344 |
$33,918 |
$33,462 |
| Loan Balance at End of Year |
$498,776 |
$493,287 |
$487,402 |
$481,091 |
$474,324 |
| 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 |
$149,988 |
$174,940 |
$200,872 |
$227,831 |
$255,866 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$16,425 |
-$15,711 |
-$14,976 |
-$14,218 |
-$13,438 |
| Monhtly Cash Flow |
-$1,369 |
-$1,309 |
-$1,248 |
-$1,185 |
-$1,120 |
| 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 |