Chandler Deal Analysis
Let's look at deal analysis for Chandler, AZ and for 
15 Buy 10 Nomads™ with 10% Higher Rents.
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 Chandler, Arizona Nomad™ Property with 10% Higher Rents
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Typical Chandler, Arizona Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
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Percents
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Dollars/#
|
|
ARV
|
|
$472,933
|
|
Purchase Price
|
|
$472,933
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$23,647
|
|
Closing Costs
|
1.000%
|
$4,729
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$64,665
|
|
Total Invested
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|
$93,041
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|
Mortgage
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|
Mortgage Amount
|
|
$449,286.35
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|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$318.24
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$2,885
$2885.19
|
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Other Income
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|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,039
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Property Taxes
|
0.594%
|
$2,809
|
|
Property Insurance
|
0.442%
|
$2,090
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$70,940
|
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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 |
$487,121 |
$501,735 |
$516,787 |
$532,290 |
$548,259 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$14,188 |
$14,614 |
$15,052 |
$15,504 |
$15,969 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,885 |
$2,972 |
$3,061 |
$3,153 |
$3,247 |
| 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 |
$2,885 |
$2,972 |
$3,061 |
$3,153 |
$3,247 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$87 |
$89 |
$92 |
$95 |
$97 |
| Monthly Gross Operating Income |
$2,799 |
$2,883 |
$2,969 |
$3,058 |
$3,150 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,622 |
$35,661 |
$36,731 |
$37,833 |
$38,968 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,622 |
$35,661 |
$36,731 |
$37,833 |
$38,968 |
| Annual Vacancy Dollar |
$1,039 |
$1,070 |
$1,102 |
$1,135 |
$1,169 |
| Annual Gross Operating Income |
$33,584 |
$34,591 |
$35,629 |
$36,698 |
$37,799 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.594% |
0.594% |
0.594% |
0.594% |
0.594% |
| Property Taxes Dollar |
$2,809 |
$2,893 |
$2,980 |
$3,070 |
$3,162 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$2,090 |
$2,153 |
$2,218 |
$2,284 |
$2,353 |
| 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 |
$3,358 |
$3,459 |
$3,563 |
$3,670 |
$3,780 |
| 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 |
$8,258 |
$8,506 |
$8,761 |
$9,024 |
$9,294 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$25,326 |
$26,085 |
$26,868 |
$27,674 |
$28,504 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$34,078 |
$34,078 |
$34,078 |
$34,078 |
$34,078 |
| Principal |
$5,022 |
$5,358 |
$5,717 |
$6,100 |
$6,508 |
| Interest |
$29,056 |
$28,719 |
$28,361 |
$27,978 |
$27,569 |
| Loan Balance at End of Year |
$444,265 |
$438,906 |
$433,189 |
$427,089 |
$420,581 |
| Loan-To-Value |
91.202% |
87.478% |
83.824% |
80.236% |
76.712% |
| Private Mortgage Insurance (PMI) Rate |
0.850% |
0.850% |
0.850% |
0.850% |
|
| Private Mortgage Insurance Dollar |
$3,819 |
$3,819 |
$3,819 |
$3,819 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$42,856 |
$62,828 |
$83,597 |
$105,201 |
$127,678 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,571 |
-$11,811 |
-$11,029 |
-$10,222 |
-$5,573 |
| Monhtly Cash Flow |
-$1,048 |
-$984 |
-$919 |
-$852 |
-$464 |
| Cash on Cash Return on Investment |
-0.135% |
-0.127% |
-0.119% |
-0.110% |
-0.060% |
| 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 |