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Understanding Cash Flow Analysis in Real Estate Financial Models

Writer: Emily SterlingEmily Sterling

Cash flow analysis is a crucial aspect of real estate financial modeling. It involves projecting and analyzing the inflows and outflows of cash to assess the profitability and viability of real estate investments. This blog provides an in-depth understanding of cash flow analysis in real estate financial models, supported by comprehensive tables for better clarity.

Key Components of Cash Flow Analysis

Rental Income

Month

Units Rented

Monthly Rent per Unit

Total Rental Income

January

10

$1,500

$15,000

February

10

$1,500

$15,000

March

10

$1,500

$15,000

April

10

$1,500

$15,000

May

10

$1,500

$15,000

June

10

$1,500

$15,000

July

10

$1,500

$15,000

August

10

$1,500

$15,000

September

10

$1,500

$15,000

October

10

$1,500

$15,000

November

10

$1,500

$15,000

December

10

$1,500

$15,000

Total



$180,000

Operating Expenses

Month

Maintenance

Utilities

Property Taxes

Insurance

Total Operating Expenses

January

$500

$300

$200

$150

$1,150

February

$500

$300

$200

$150

$1,150

March

$500

$300

$200

$150

$1,150

April

$500

$300

$200

$150

$1,150

May

$500

$300

$200

$150

$1,150

June

$500

$300

$200

$150

$1,150

July

$500

$300

$200

$150

$1,150

August

$500

$300

$200

$150

$1,150

September

$500

$300

$200

$150

$1,150

October

$500

$300

$200

$150

$1,150

November

$500

$300

$200

$150

$1,150

December

$500

$300

$200

$150

$1,150

Total





$13,800

Net Operating Income (NOI)

Month

Total Rental Income

Total Operating Expenses

Net Operating Income (NOI)

January

$15,000

$1,150

$13,850

February

$15,000

$1,150

$13,850

March

$15,000

$1,150

$13,850

April

$15,000

$1,150

$13,850

May

$15,000

$1,150

$13,850

June

$15,000

$1,150

$13,850

July

$15,000

$1,150

$13,850

August

$15,000

$1,150

$13,850

September

$15,000

$1,150

$13,850

October

$15,000

$1,150

$13,850

November

$15,000

$1,150

$13,850

December

$15,000

$1,150

$13,850

Total

$180,000

$13,800

$166,200

Financing Costs

Loan Details

Attribute

Value

Loan Amount

$800,000

Interest Rate

5%

Loan Term (Years)

30

Monthly Payment

$4,295

Monthly Mortgage Payments

Month

Monthly Payment

Principal

Interest

January

$4,295

$1,295

$3,000

February

$4,295

$1,305

$2,990

March

$4,295

$1,315

$2,980

April

$4,295

$1,325

$2,970

May

$4,295

$1,335

$2,960

June

$4,295

$1,345

$2,950

July

$4,295

$1,355

$2,940

August

$4,295

$1,365

$2,930

September

$4,295

$1,375

$2,920

October

$4,295

$1,385

$2,910

November

$4,295

$1,395

$2,900

December

$4,295

$1,405

$2,890

Total

$51,540

$15,485

$36,055

Cash Flow Before Taxes

Month

Net Operating Income (NOI)

Monthly Mortgage Payment

Cash Flow Before Taxes

January

$13,850

$4,295

$9,555

February

$13,850

$4,295

$9,555

March

$13,850

$4,295

$9,555

April

$13,850

$4,295

$9,555

May

$13,850

$4,295

$9,555

June

$13,850

$4,295

$9,555

July

$13,850

$4,295

$9,555

August

$13,850

$4,295

$9,555

September

$13,850

$4,295

$9,555

October

$13,850

$4,295

$9,555

November

$13,850

$4,295

$9,555

December

$13,850

$4,295

$9,555

Total

$166,200

$51,540

$114,660

Conclusion

Cash flow analysis is a critical component of real estate financial modeling. It involves projecting and analyzing the inflows and outflows of cash to determine the profitability and viability of real estate investments. This blog provided a detailed understanding of cash flow analysis with comprehensive tables illustrating rental income, operating expenses, net operating income, financing costs, and cash flow before taxes. By following these steps and understanding the components, real estate investors can make informed decisions and optimize their investment strategies.

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