Dallas Deal Analysis
Let's look at deal analysis for Dallas, 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 Dallas, Texas Rental Property
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Typical 20% Down Payment Dallas, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$293,782
|
|
Purchase Price
|
|
$293,782
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$58,756
|
|
Closing Costs
|
1.000%
|
$2,938
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$61,694
|
|
Mortgage
|
|
Mortgage Amount
|
|
$235,025.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$4,303
$4302.90
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,549
|
|
Property Taxes
|
2.264%
|
$6,651
|
|
Property Insurance
|
1.419%
|
$4,169
|
|
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%
|
$44,067
|
|
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 |
$302,595 |
$311,673 |
$321,024 |
$330,654 |
$340,574 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,813 |
$9,078 |
$9,350 |
$9,631 |
$9,920 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,303 |
$4,432 |
$4,565 |
$4,702 |
$4,843 |
| 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 |
$4,303 |
$4,432 |
$4,565 |
$4,702 |
$4,843 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$129 |
$133 |
$137 |
$141 |
$145 |
| Monthly Gross Operating Income |
$4,174 |
$4,299 |
$4,428 |
$4,561 |
$4,698 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$51,635 |
$53,184 |
$54,779 |
$56,423 |
$58,115 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$51,635 |
$53,184 |
$54,779 |
$56,423 |
$58,115 |
| Annual Vacancy Dollar |
$1,549 |
$1,596 |
$1,643 |
$1,693 |
$1,743 |
| Annual Gross Operating Income |
$50,086 |
$51,588 |
$53,136 |
$54,730 |
$56,372 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.264% |
2.264% |
2.264% |
2.264% |
2.264% |
| Property Taxes Dollar |
$6,651 |
$6,851 |
$7,056 |
$7,268 |
$7,486 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$4,169 |
$4,294 |
$4,423 |
$4,555 |
$4,692 |
| 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 |
$5,009 |
$5,159 |
$5,314 |
$5,473 |
$5,637 |
| 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 |
$15,829 |
$16,303 |
$16,793 |
$17,296 |
$17,815 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$34,257 |
$35,285 |
$36,343 |
$37,434 |
$38,557 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$18,764 |
$18,764 |
$18,764 |
$18,764 |
$18,764 |
| Principal |
$2,387 |
$2,560 |
$2,745 |
$2,943 |
$3,156 |
| Interest |
$16,376 |
$16,204 |
$16,019 |
$15,820 |
$15,607 |
| Loan Balance at End of Year |
$232,638 |
$230,078 |
$227,333 |
$224,390 |
$221,233 |
| 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 |
$69,957 |
$81,595 |
$93,690 |
$106,265 |
$119,340 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$15,494 |
$16,521 |
$17,580 |
$18,670 |
$19,793 |
| Monhtly Cash Flow |
$1,291 |
$1,377 |
$1,465 |
$1,556 |
$1,649 |
| Cash on Cash Return on Investment |
0.251% |
0.268% |
0.285% |
0.303% |
0.321% |
| 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 |