Abilene Deal Analysis
Let's look at deal analysis for Abilene, TX 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 Abilene, Texas Rental Property
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Typical 20% Down Payment Abilene, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$163,053
|
|
Purchase Price
|
|
$163,053
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$32,611
|
|
Closing Costs
|
1.000%
|
$1,631
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$34,241
|
|
Mortgage
|
|
Mortgage Amount
|
|
$130,442.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,638
$1638.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$590
|
|
Property Taxes
|
2.097%
|
$3,419
|
|
Property Insurance
|
1.419%
|
$2,314
|
|
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%
|
$24,458
|
|
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 |
$167,945 |
$172,983 |
$178,172 |
$183,518 |
$189,023 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,892 |
$5,038 |
$5,189 |
$5,345 |
$5,506 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,638 |
$1,687 |
$1,738 |
$1,790 |
$1,844 |
| 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 |
$1,638 |
$1,687 |
$1,738 |
$1,790 |
$1,844 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$49 |
$51 |
$52 |
$54 |
$55 |
| Monthly Gross Operating Income |
$1,589 |
$1,637 |
$1,686 |
$1,736 |
$1,788 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$19,656 |
$20,246 |
$20,853 |
$21,479 |
$22,123 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$19,656 |
$20,246 |
$20,853 |
$21,479 |
$22,123 |
| Annual Vacancy Dollar |
$590 |
$607 |
$626 |
$644 |
$664 |
| Annual Gross Operating Income |
$19,066 |
$19,638 |
$20,227 |
$20,834 |
$21,459 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.097% |
2.097% |
2.097% |
2.097% |
2.097% |
| Property Taxes Dollar |
$3,419 |
$3,522 |
$3,627 |
$3,736 |
$3,848 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$2,314 |
$2,383 |
$2,455 |
$2,528 |
$2,604 |
| 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 |
$1,907 |
$1,964 |
$2,023 |
$2,083 |
$2,146 |
| 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 |
$7,640 |
$7,869 |
$8,105 |
$8,348 |
$8,598 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$11,427 |
$11,770 |
$12,123 |
$12,486 |
$12,861 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$10,414 |
$10,414 |
$10,414 |
$10,414 |
$10,414 |
| Principal |
$1,325 |
$1,421 |
$1,524 |
$1,634 |
$1,752 |
| Interest |
$9,089 |
$8,993 |
$8,890 |
$8,780 |
$8,662 |
| Loan Balance at End of Year |
$129,117 |
$127,696 |
$126,173 |
$124,539 |
$122,787 |
| 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 |
$38,827 |
$45,286 |
$52,000 |
$58,978 |
$66,236 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$1,013 |
$1,355 |
$1,709 |
$2,072 |
$2,447 |
| Monhtly Cash Flow |
$84 |
$113 |
$142 |
$173 |
$204 |
| Cash on Cash Return on Investment |
0.030% |
0.040% |
0.050% |
0.061% |
0.071% |
| 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 |