Milwaukee Deal Analysis
Let's look at deal analysis for Milwaukee, WI 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 Milwaukee, Wisconsin Rental Property
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Typical 20% Down Payment Milwaukee, Wisconsin Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$159,379
|
|
Purchase Price
|
|
$159,379
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$31,876
|
|
Closing Costs
|
1.000%
|
$1,594
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$33,470
|
|
Mortgage
|
|
Mortgage Amount
|
|
$127,503.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,780
$1779.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$641
|
|
Property Taxes
|
2.764%
|
$4,405
|
|
Property Insurance
|
0.521%
|
$830
|
|
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%
|
$23,907
|
|
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 |
$164,160 |
$169,085 |
$174,158 |
$179,382 |
$184,764 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,781 |
$4,925 |
$5,073 |
$5,225 |
$5,381 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,780 |
$1,833 |
$1,888 |
$1,945 |
$2,003 |
| 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 |
$1,780 |
$1,833 |
$1,888 |
$1,945 |
$2,003 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$53 |
$55 |
$57 |
$58 |
$60 |
| Monthly Gross Operating Income |
$1,726 |
$1,778 |
$1,831 |
$1,886 |
$1,943 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$21,357 |
$21,998 |
$22,658 |
$23,337 |
$24,037 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$21,357 |
$21,998 |
$22,658 |
$23,337 |
$24,037 |
| Annual Vacancy Dollar |
$641 |
$660 |
$680 |
$700 |
$721 |
| Annual Gross Operating Income |
$20,716 |
$21,338 |
$21,978 |
$22,637 |
$23,316 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.764% |
2.764% |
2.764% |
2.764% |
2.764% |
| Property Taxes Dollar |
$4,405 |
$4,537 |
$4,674 |
$4,814 |
$4,958 |
| Insurance Percent |
0.521% |
0.521% |
0.521% |
0.521% |
0.521% |
| Insurance Dollar |
$830 |
$855 |
$881 |
$907 |
$935 |
| 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 |
$2,072 |
$2,134 |
$2,198 |
$2,264 |
$2,332 |
| 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 |
$7,307 |
$7,526 |
$7,752 |
$7,985 |
$8,224 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,409 |
$13,811 |
$14,226 |
$14,652 |
$15,092 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$10,179 |
$10,179 |
$10,179 |
$10,179 |
$10,179 |
| Principal |
$1,295 |
$1,389 |
$1,489 |
$1,597 |
$1,712 |
| Interest |
$8,884 |
$8,791 |
$8,690 |
$8,583 |
$8,467 |
| Loan Balance at End of Year |
$126,208 |
$124,819 |
$123,330 |
$121,733 |
$120,021 |
| 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 |
$37,952 |
$44,266 |
$50,828 |
$57,649 |
$64,743 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,230 |
$3,632 |
$4,046 |
$4,473 |
$4,913 |
| Monhtly Cash Flow |
$269 |
$303 |
$337 |
$373 |
$409 |
| Cash on Cash Return on Investment |
0.096% |
0.109% |
0.121% |
0.134% |
0.147% |
| 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 |