Naperville Deal Analysis
Let's look at deal analysis for Naperville, IL 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 Naperville, Illinois Rental Property
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Typical 20% Down Payment Naperville, Illinois Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$453,092
|
|
Purchase Price
|
|
$453,092
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$90,618
|
|
Closing Costs
|
1.000%
|
$4,531
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$34,613
|
|
Total Invested
|
|
$129,763
|
|
Mortgage
|
|
Mortgage Amount
|
|
$362,473.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,413
$3412.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,229
|
|
Property Taxes
|
2.210%
|
$10,013
|
|
Property Insurance
|
0.786%
|
$3,561
|
|
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%
|
$67,964
|
|
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 |
$466,685 |
$480,685 |
$495,106 |
$509,959 |
$525,258 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,593 |
$14,001 |
$14,421 |
$14,853 |
$15,299 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,413 |
$3,515 |
$3,620 |
$3,729 |
$3,841 |
| 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 |
$3,413 |
$3,515 |
$3,620 |
$3,729 |
$3,841 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$102 |
$105 |
$109 |
$112 |
$115 |
| Monthly Gross Operating Income |
$3,310 |
$3,409 |
$3,512 |
$3,617 |
$3,726 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$40,950 |
$42,179 |
$43,444 |
$44,747 |
$46,090 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$40,950 |
$42,179 |
$43,444 |
$44,747 |
$46,090 |
| Annual Vacancy Dollar |
$1,229 |
$1,265 |
$1,303 |
$1,342 |
$1,383 |
| Annual Gross Operating Income |
$39,722 |
$40,913 |
$42,141 |
$43,405 |
$44,707 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.210% |
2.210% |
2.210% |
2.210% |
2.210% |
| Property Taxes Dollar |
$10,013 |
$10,314 |
$10,623 |
$10,942 |
$11,270 |
| Insurance Percent |
0.786% |
0.786% |
0.786% |
0.786% |
0.786% |
| Insurance Dollar |
$3,561 |
$3,668 |
$3,778 |
$3,892 |
$4,008 |
| 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 |
$3,972 |
$4,091 |
$4,214 |
$4,340 |
$4,471 |
| 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 |
$17,547 |
$18,073 |
$18,615 |
$19,174 |
$19,749 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,175 |
$22,840 |
$23,525 |
$24,231 |
$24,958 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$28,939 |
$28,939 |
$28,939 |
$28,939 |
$28,939 |
| Principal |
$3,682 |
$3,948 |
$4,234 |
$4,540 |
$4,868 |
| Interest |
$25,257 |
$24,990 |
$24,705 |
$24,399 |
$24,071 |
| Loan Balance at End of Year |
$358,792 |
$354,843 |
$350,610 |
$346,070 |
$341,202 |
| 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 |
$107,893 |
$125,842 |
$144,496 |
$163,889 |
$184,056 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$6,764 |
-$6,099 |
-$5,413 |
-$4,708 |
-$3,981 |
| Monhtly Cash Flow |
-$564 |
-$508 |
-$451 |
-$392 |
-$332 |
| Cash on Cash Return on Investment |
-0.052% |
-0.047% |
-0.042% |
-0.036% |
-0.031% |
| 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 |