Orlando Deal Analysis
Let's look at deal analysis for Orlando, FL 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 Orlando, Florida Rental Property
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Typical 20% Down Payment Orlando, Florida Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$339,229
|
|
Purchase Price
|
|
$339,229
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$67,846
|
|
Closing Costs
|
1.000%
|
$3,392
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$71,238
|
|
Mortgage
|
|
Mortgage Amount
|
|
$271,383.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,148
$3147.90
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,133
|
|
Property Taxes
|
1.028%
|
$3,487
|
|
Property Insurance
|
1.674%
|
$5,679
|
|
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%
|
$50,884
|
|
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 |
$349,406 |
$359,888 |
$370,685 |
$381,805 |
$393,259 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,177 |
$10,482 |
$10,797 |
$11,121 |
$11,454 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,148 |
$3,242 |
$3,340 |
$3,440 |
$3,543 |
| 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 |
$3,148 |
$3,242 |
$3,340 |
$3,440 |
$3,543 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$94 |
$97 |
$100 |
$103 |
$106 |
| Monthly Gross Operating Income |
$3,053 |
$3,145 |
$3,239 |
$3,337 |
$3,437 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$37,775 |
$38,908 |
$40,075 |
$41,278 |
$42,516 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$37,775 |
$38,908 |
$40,075 |
$41,278 |
$42,516 |
| Annual Vacancy Dollar |
$1,133 |
$1,167 |
$1,202 |
$1,238 |
$1,275 |
| Annual Gross Operating Income |
$36,642 |
$37,741 |
$38,873 |
$40,039 |
$41,240 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.028% |
1.028% |
1.028% |
1.028% |
1.028% |
| Property Taxes Dollar |
$3,487 |
$3,592 |
$3,700 |
$3,811 |
$3,925 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$5,679 |
$5,849 |
$6,025 |
$6,205 |
$6,391 |
| 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 |
$3,664 |
$3,774 |
$3,887 |
$4,004 |
$4,124 |
| 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 |
$12,830 |
$13,215 |
$13,611 |
$14,020 |
$14,440 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$23,811 |
$24,526 |
$25,262 |
$26,019 |
$26,800 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$21,666 |
$21,666 |
$21,666 |
$21,666 |
$21,666 |
| Principal |
$2,757 |
$2,956 |
$3,170 |
$3,399 |
$3,645 |
| Interest |
$18,909 |
$18,710 |
$18,497 |
$18,267 |
$18,022 |
| Loan Balance at End of Year |
$268,626 |
$265,670 |
$262,501 |
$259,102 |
$255,457 |
| 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 |
$80,779 |
$94,218 |
$108,184 |
$122,703 |
$137,802 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$2,145 |
$2,860 |
$3,595 |
$4,353 |
$5,134 |
| Monhtly Cash Flow |
$179 |
$238 |
$300 |
$363 |
$428 |
| Cash on Cash Return on Investment |
0.030% |
0.040% |
0.050% |
0.061% |
0.072% |
| 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 |