Tyler Deal Analysis
Let's look at deal analysis for Tyler, 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 Tyler, Texas Rental Property
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Typical 20% Down Payment Tyler, Texas Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$196,466
|
|
Purchase Price
|
|
$196,466
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$39,293
|
|
Closing Costs
|
1.000%
|
$1,965
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$41,258
|
|
Mortgage
|
|
Mortgage Amount
|
|
$157,172.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,200
$2199.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$792
|
|
Property Taxes
|
1.668%
|
$3,277
|
|
Property Insurance
|
1.419%
|
$2,788
|
|
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%
|
$29,470
|
|
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 |
$202,360 |
$208,431 |
$214,684 |
$221,124 |
$227,758 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,894 |
$6,071 |
$6,253 |
$6,441 |
$6,634 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,200 |
$2,266 |
$2,334 |
$2,404 |
$2,476 |
| 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 |
$2,200 |
$2,266 |
$2,334 |
$2,404 |
$2,476 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$66 |
$68 |
$70 |
$72 |
$74 |
| Monthly Gross Operating Income |
$2,134 |
$2,198 |
$2,264 |
$2,332 |
$2,402 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$26,397 |
$27,189 |
$28,005 |
$28,845 |
$29,710 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$26,397 |
$27,189 |
$28,005 |
$28,845 |
$29,710 |
| Annual Vacancy Dollar |
$792 |
$816 |
$840 |
$865 |
$891 |
| Annual Gross Operating Income |
$25,605 |
$26,373 |
$27,164 |
$27,979 |
$28,819 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.668% |
1.668% |
1.668% |
1.668% |
1.668% |
| Property Taxes Dollar |
$3,277 |
$3,375 |
$3,477 |
$3,581 |
$3,688 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$2,788 |
$2,871 |
$2,958 |
$3,046 |
$3,138 |
| 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 |
$2,561 |
$2,637 |
$2,716 |
$2,798 |
$2,882 |
| 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 |
$8,625 |
$8,884 |
$9,151 |
$9,425 |
$9,708 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,980 |
$17,489 |
$18,014 |
$18,554 |
$19,111 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$12,548 |
$12,548 |
$12,548 |
$12,548 |
$12,548 |
| Principal |
$1,597 |
$1,712 |
$1,836 |
$1,968 |
$2,111 |
| Interest |
$10,952 |
$10,836 |
$10,712 |
$10,580 |
$10,437 |
| Loan Balance at End of Year |
$155,576 |
$153,864 |
$152,029 |
$150,060 |
$147,950 |
| 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 |
$46,784 |
$54,566 |
$62,655 |
$71,064 |
$79,808 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$4,432 |
$4,941 |
$5,466 |
$6,006 |
$6,563 |
| Monhtly Cash Flow |
$369 |
$412 |
$455 |
$501 |
$547 |
| Cash on Cash Return on Investment |
0.107% |
0.120% |
0.132% |
0.146% |
0.159% |
| 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 |