Vancouver Deal Analysis
Let's look at deal analysis for Vancouver, 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 Vancouver, Washington Rental Property
|
Typical 20% Down Payment Vancouver, Washington Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$460,843
|
|
Purchase Price
|
|
$460,843
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$92,169
|
|
Closing Costs
|
1.000%
|
$4,608
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$38,683
|
|
Total Invested
|
|
$135,460
|
|
Mortgage
|
|
Mortgage Amount
|
|
$368,674.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,675
$2675.40
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$963
|
|
Property Taxes
|
1.025%
|
$4,724
|
|
Property Insurance
|
0.229%
|
$1,055
|
|
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%
|
$69,126
|
|
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 |
$474,668 |
$488,908 |
$503,576 |
$518,683 |
$534,243 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,825 |
$14,240 |
$14,667 |
$15,107 |
$15,560 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,675 |
$2,756 |
$2,838 |
$2,923 |
$3,011 |
| 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 |
$2,675 |
$2,756 |
$2,838 |
$2,923 |
$3,011 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$80 |
$83 |
$85 |
$88 |
$90 |
| Monthly Gross Operating Income |
$2,595 |
$2,673 |
$2,753 |
$2,836 |
$2,921 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$32,105 |
$33,068 |
$34,060 |
$35,082 |
$36,134 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$32,105 |
$33,068 |
$34,060 |
$35,082 |
$36,134 |
| Annual Vacancy Dollar |
$963 |
$992 |
$1,022 |
$1,052 |
$1,084 |
| Annual Gross Operating Income |
$31,142 |
$32,076 |
$33,038 |
$34,029 |
$35,050 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.025% |
1.025% |
1.025% |
1.025% |
1.025% |
| Property Taxes Dollar |
$4,724 |
$4,865 |
$5,011 |
$5,162 |
$5,316 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$1,055 |
$1,087 |
$1,120 |
$1,153 |
$1,188 |
| 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 |
$3,114 |
$3,208 |
$3,304 |
$3,403 |
$3,505 |
| 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 |
$8,893 |
$9,160 |
$9,435 |
$9,718 |
$10,009 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,249 |
$22,916 |
$23,603 |
$24,312 |
$25,041 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$29,434 |
$29,434 |
$29,434 |
$29,434 |
$29,434 |
| Principal |
$3,745 |
$4,016 |
$4,306 |
$4,617 |
$4,951 |
| Interest |
$25,689 |
$25,418 |
$25,128 |
$24,816 |
$24,482 |
| Loan Balance at End of Year |
$364,929 |
$360,914 |
$356,608 |
$351,990 |
$347,039 |
| 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 |
$109,739 |
$127,995 |
$146,968 |
$166,693 |
$187,204 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,185 |
-$6,518 |
-$5,830 |
-$5,122 |
-$4,393 |
| Monhtly Cash Flow |
-$599 |
-$543 |
-$486 |
-$427 |
-$366 |
| Cash on Cash Return on Investment |
-0.053% |
-0.048% |
-0.043% |
-0.038% |
-0.032% |
| 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 |