Greeley Deal Analysis
Let's look at deal analysis for Greeley, CO 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 Greeley, Colorado Rental Property
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Typical 20% Down Payment Greeley, Colorado Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$396,034
|
|
Purchase Price
|
|
$396,034
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$79,207
|
|
Closing Costs
|
1.000%
|
$3,960
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$56,569
|
|
Total Invested
|
|
$139,736
|
|
Mortgage
|
|
Mortgage Amount
|
|
$316,827.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,048
$2047.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$737
|
|
Property Taxes
|
0.517%
|
$2,047
|
|
Property Insurance
|
0.508%
|
$2,012
|
|
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%
|
$59,405
|
|
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 |
$407,915 |
$420,152 |
$432,757 |
$445,740 |
$459,112 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,881 |
$12,237 |
$12,605 |
$12,983 |
$13,372 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,048 |
$2,109 |
$2,172 |
$2,237 |
$2,304 |
| 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 |
$2,048 |
$2,109 |
$2,172 |
$2,237 |
$2,304 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$61 |
$63 |
$65 |
$67 |
$69 |
| Monthly Gross Operating Income |
$1,986 |
$2,046 |
$2,107 |
$2,170 |
$2,235 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,570 |
$25,307 |
$26,066 |
$26,848 |
$27,654 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,570 |
$25,307 |
$26,066 |
$26,848 |
$27,654 |
| Annual Vacancy Dollar |
$737 |
$759 |
$782 |
$805 |
$830 |
| Annual Gross Operating Income |
$23,833 |
$24,548 |
$25,284 |
$26,043 |
$26,824 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.517% |
0.517% |
0.517% |
0.517% |
0.517% |
| Property Taxes Dollar |
$2,047 |
$2,109 |
$2,172 |
$2,237 |
$2,304 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$2,012 |
$2,072 |
$2,134 |
$2,198 |
$2,264 |
| 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 |
$2,383 |
$2,455 |
$2,528 |
$2,604 |
$2,682 |
| 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 |
$6,443 |
$6,636 |
$6,835 |
$7,040 |
$7,251 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$17,390 |
$17,912 |
$18,449 |
$19,003 |
$19,573 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$25,294 |
$25,294 |
$25,294 |
$25,294 |
$25,294 |
| Principal |
$3,218 |
$3,451 |
$3,701 |
$3,968 |
$4,255 |
| Interest |
$22,076 |
$21,843 |
$21,594 |
$21,326 |
$21,039 |
| Loan Balance at End of Year |
$313,609 |
$310,158 |
$306,457 |
$302,489 |
$298,234 |
| 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 |
$94,306 |
$109,995 |
$126,300 |
$143,250 |
$160,878 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,904 |
-$7,382 |
-$6,845 |
-$6,292 |
-$5,721 |
| Monhtly Cash Flow |
-$659 |
-$615 |
-$570 |
-$524 |
-$477 |
| Cash on Cash Return on Investment |
-0.057% |
-0.053% |
-0.049% |
-0.045% |
-0.041% |
| 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 |