Casper Deal Analysis
Let's look at deal analysis for Casper, WY 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 Casper, Wyoming Rental Property
|
Typical 20% Down Payment Casper, Wyoming Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$237,676
|
|
Purchase Price
|
|
$237,676
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$47,535
|
|
Closing Costs
|
1.000%
|
$2,377
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$8,268
|
|
Total Invested
|
|
$58,180
|
|
Mortgage
|
|
Mortgage Amount
|
|
$190,140.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,628
$1627.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$586
|
|
Property Taxes
|
1.000%
|
$2,377
|
|
Property Insurance
|
0.800%
|
$1,901
|
|
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%
|
$35,651
|
|
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 |
$244,806 |
$252,150 |
$259,715 |
$267,506 |
$275,532 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,130 |
$7,344 |
$7,565 |
$7,791 |
$8,025 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,628 |
$1,676 |
$1,727 |
$1,778 |
$1,832 |
| 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 |
$1,628 |
$1,676 |
$1,727 |
$1,778 |
$1,832 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$49 |
$50 |
$52 |
$53 |
$55 |
| Monthly Gross Operating Income |
$1,579 |
$1,626 |
$1,675 |
$1,725 |
$1,777 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$19,530 |
$20,116 |
$20,719 |
$21,341 |
$21,981 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$19,530 |
$20,116 |
$20,719 |
$21,341 |
$21,981 |
| Annual Vacancy Dollar |
$586 |
$603 |
$622 |
$640 |
$659 |
| Annual Gross Operating Income |
$18,944 |
$19,512 |
$20,098 |
$20,701 |
$21,322 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.000% |
1.000% |
1.000% |
1.000% |
1.000% |
| Property Taxes Dollar |
$2,377 |
$2,448 |
$2,522 |
$2,597 |
$2,675 |
| Insurance Percent |
0.800% |
0.800% |
0.800% |
0.800% |
0.800% |
| Insurance Dollar |
$1,901 |
$1,958 |
$2,017 |
$2,078 |
$2,140 |
| 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 |
$1,894 |
$1,951 |
$2,010 |
$2,070 |
$2,132 |
| 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 |
$6,173 |
$6,358 |
$6,548 |
$6,745 |
$6,947 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$12,772 |
$13,155 |
$13,549 |
$13,956 |
$14,374 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,180 |
$15,180 |
$15,180 |
$15,180 |
$15,180 |
| Principal |
$1,931 |
$2,071 |
$2,221 |
$2,381 |
$2,553 |
| Interest |
$13,249 |
$13,109 |
$12,959 |
$12,799 |
$12,627 |
| Loan Balance at End of Year |
$188,209 |
$186,138 |
$183,917 |
$181,536 |
$178,983 |
| 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 |
$56,597 |
$66,012 |
$75,798 |
$85,970 |
$96,549 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$2,409 |
-$2,025 |
-$1,631 |
-$1,224 |
-$806 |
| Monhtly Cash Flow |
-$201 |
-$169 |
-$136 |
-$102 |
-$67 |
| Cash on Cash Return on Investment |
-0.041% |
-0.035% |
-0.028% |
-0.021% |
-0.014% |
| 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 |