Kenosha Deal Analysis
Let's look at deal analysis for Kenosha, WI 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 Kenosha, Wisconsin Rental Property
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Typical 20% Down Payment Kenosha, Wisconsin Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$196,457
|
|
Purchase Price
|
|
$196,457
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$39,291
|
|
Closing Costs
|
1.000%
|
$1,965
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$636
|
|
Total Invested
|
|
$41,892
|
|
Mortgage
|
|
Mortgage Amount
|
|
$157,165.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,720
$1719.90
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$619
|
|
Property Taxes
|
2.528%
|
$4,966
|
|
Property Insurance
|
0.521%
|
$1,024
|
|
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%
|
$29,469
|
|
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 |
$202,351 |
$208,421 |
$214,674 |
$221,114 |
$227,748 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,894 |
$6,071 |
$6,253 |
$6,440 |
$6,633 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,720 |
$1,771 |
$1,825 |
$1,879 |
$1,936 |
| 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 |
$1,720 |
$1,771 |
$1,825 |
$1,879 |
$1,936 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$52 |
$53 |
$55 |
$56 |
$58 |
| Monthly Gross Operating Income |
$1,668 |
$1,718 |
$1,770 |
$1,823 |
$1,878 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$20,639 |
$21,258 |
$21,896 |
$22,553 |
$23,229 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$20,639 |
$21,258 |
$21,896 |
$22,553 |
$23,229 |
| Annual Vacancy Dollar |
$619 |
$638 |
$657 |
$677 |
$697 |
| Annual Gross Operating Income |
$20,020 |
$20,620 |
$21,239 |
$21,876 |
$22,532 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.528% |
2.528% |
2.528% |
2.528% |
2.528% |
| Property Taxes Dollar |
$4,966 |
$5,115 |
$5,269 |
$5,427 |
$5,590 |
| Insurance Percent |
0.521% |
0.521% |
0.521% |
0.521% |
0.521% |
| Insurance Dollar |
$1,024 |
$1,054 |
$1,086 |
$1,118 |
$1,152 |
| 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 |
$2,002 |
$2,062 |
$2,124 |
$2,188 |
$2,253 |
| 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 |
$7,992 |
$8,232 |
$8,479 |
$8,733 |
$8,995 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$12,028 |
$12,389 |
$12,760 |
$13,143 |
$13,537 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$12,548 |
$12,548 |
$12,548 |
$12,548 |
$12,548 |
| Principal |
$1,597 |
$1,712 |
$1,836 |
$1,968 |
$2,111 |
| Interest |
$10,951 |
$10,836 |
$10,712 |
$10,579 |
$10,437 |
| Loan Balance at End of Year |
$155,569 |
$153,857 |
$152,021 |
$150,053 |
$147,942 |
| 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 |
$46,782 |
$54,564 |
$62,652 |
$71,061 |
$79,805 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$520 |
-$159 |
$213 |
$595 |
$990 |
| Monhtly Cash Flow |
-$43 |
-$13 |
$18 |
$50 |
$82 |
| Cash on Cash Return on Investment |
-0.012% |
-0.004% |
0.005% |
0.014% |
0.024% |
| 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 |