Gilbert Deal Analysis
Let's look at deal analysis for Gilbert, 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 Gilbert, Arizona Nomad™ Property with 10% Higher Rents
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Typical Gilbert, Arizona Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$517,513
|
|
Purchase Price
|
|
$517,513
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$25,876
|
|
Closing Costs
|
1.000%
|
$5,175
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$94,699
|
|
Total Invested
|
|
$125,749
|
|
Mortgage
|
|
Mortgage Amount
|
|
$491,637.35
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$348.24
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,997
$2997.23
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$1,079
|
|
Property Taxes
|
0.609%
|
$3,152
|
|
Property Insurance
|
0.442%
|
$2,287
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$77,627
|
|
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 |
$533,038 |
$549,030 |
$565,500 |
$582,465 |
$599,939 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$15,525 |
$15,991 |
$16,471 |
$16,965 |
$17,474 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,997 |
$3,087 |
$3,180 |
$3,275 |
$3,373 |
| 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 |
$2,997 |
$3,087 |
$3,180 |
$3,275 |
$3,373 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$90 |
$93 |
$95 |
$98 |
$101 |
| Monthly Gross Operating Income |
$2,907 |
$2,995 |
$3,084 |
$3,177 |
$3,272 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$35,967 |
$37,046 |
$38,157 |
$39,302 |
$40,481 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$35,967 |
$37,046 |
$38,157 |
$39,302 |
$40,481 |
| Annual Vacancy Dollar |
$1,079 |
$1,111 |
$1,145 |
$1,179 |
$1,214 |
| Annual Gross Operating Income |
$34,888 |
$35,934 |
$37,012 |
$38,123 |
$39,266 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.609% |
0.609% |
0.609% |
0.609% |
0.609% |
| Property Taxes Dollar |
$3,152 |
$3,246 |
$3,344 |
$3,444 |
$3,547 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$2,287 |
$2,356 |
$2,427 |
$2,500 |
$2,574 |
| 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 |
$3,489 |
$3,593 |
$3,701 |
$3,812 |
$3,927 |
| 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 |
$8,928 |
$9,196 |
$9,472 |
$9,756 |
$10,048 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$25,960 |
$26,739 |
$27,541 |
$28,367 |
$29,218 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$37,290 |
$37,290 |
$37,290 |
$37,290 |
$37,290 |
| Principal |
$5,495 |
$5,863 |
$6,256 |
$6,675 |
$7,122 |
| Interest |
$31,795 |
$31,427 |
$31,034 |
$30,615 |
$30,168 |
| Loan Balance at End of Year |
$486,142 |
$480,279 |
$474,023 |
$467,348 |
$460,227 |
| 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 |
$4,179 |
$4,179 |
$4,179 |
$4,179 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$46,896 |
$68,750 |
$91,477 |
$115,117 |
$139,713 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$15,509 |
-$14,730 |
-$13,928 |
-$13,102 |
-$8,072 |
| Monhtly Cash Flow |
-$1,292 |
-$1,227 |
-$1,161 |
-$1,092 |
-$673 |
| Cash on Cash Return on Investment |
-0.123% |
-0.117% |
-0.111% |
-0.104% |
-0.064% |
| 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 |