Seattle Deal Analysis
Let's look at deal analysis for Seattle, 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 Seattle, Washington Rental Property
|
Typical 20% Down Payment Seattle, Washington Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$925,560
|
|
Purchase Price
|
|
$925,560
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$185,112
|
|
Closing Costs
|
1.000%
|
$9,256
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$369,803
|
|
Total Invested
|
|
$564,170
|
|
Mortgage
|
|
Mortgage Amount
|
|
$740,448
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,780
$3780.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,361
|
|
Property Taxes
|
0.762%
|
$7,053
|
|
Property Insurance
|
0.229%
|
$2,120
|
|
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%
|
$138,834
|
|
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 |
$953,327 |
$981,927 |
$1,011,384 |
$1,041,726 |
$1,072,978 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$27,767 |
$28,600 |
$29,458 |
$30,342 |
$31,252 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,780 |
$3,893 |
$4,010 |
$4,131 |
$4,254 |
| 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 |
$3,780 |
$3,893 |
$4,010 |
$4,131 |
$4,254 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$113 |
$117 |
$120 |
$124 |
$128 |
| Monthly Gross Operating Income |
$3,667 |
$3,777 |
$3,890 |
$4,007 |
$4,127 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$45,360 |
$46,721 |
$48,122 |
$49,566 |
$51,053 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$45,360 |
$46,721 |
$48,122 |
$49,566 |
$51,053 |
| Annual Vacancy Dollar |
$1,361 |
$1,402 |
$1,444 |
$1,487 |
$1,532 |
| Annual Gross Operating Income |
$43,999 |
$45,319 |
$46,679 |
$48,079 |
$49,521 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.762% |
0.762% |
0.762% |
0.762% |
0.762% |
| Property Taxes Dollar |
$7,053 |
$7,264 |
$7,482 |
$7,707 |
$7,938 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$2,120 |
$2,183 |
$2,249 |
$2,316 |
$2,386 |
| 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 |
$4,400 |
$4,532 |
$4,668 |
$4,808 |
$4,952 |
| 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 |
$13,572 |
$13,979 |
$14,399 |
$14,831 |
$15,276 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$30,427 |
$31,340 |
$32,280 |
$33,248 |
$34,246 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$59,115 |
$59,115 |
$59,115 |
$59,115 |
$59,115 |
| Principal |
$7,522 |
$8,065 |
$8,648 |
$9,274 |
$9,944 |
| Interest |
$51,593 |
$51,049 |
$50,466 |
$49,841 |
$49,171 |
| Loan Balance at End of Year |
$732,926 |
$724,861 |
$716,213 |
$706,939 |
$696,995 |
| 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 |
$220,400 |
$257,065 |
$295,172 |
$334,787 |
$375,982 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$28,688 |
-$27,775 |
-$26,835 |
-$25,866 |
-$24,869 |
| Monhtly Cash Flow |
-$2,391 |
-$2,315 |
-$2,236 |
-$2,156 |
-$2,072 |
| Cash on Cash Return on Investment |
-0.051% |
-0.049% |
-0.048% |
-0.046% |
-0.044% |
| 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 |