Glendale Deal Analysis
Let's look at deal analysis for Glendale, 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 Glendale, Arizona Nomad™ Property with 10% Higher Rents
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Typical Glendale, 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
|
|
$361,343
|
|
Purchase Price
|
|
$361,343
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$18,067
|
|
Closing Costs
|
1.000%
|
$3,613
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$30,081
|
|
Total Invested
|
|
$51,761
|
|
Mortgage
|
|
Mortgage Amount
|
|
$343,275.85
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|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$243.15
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$2,423
$2423.19
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|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$872
|
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Property Taxes
|
0.690%
|
$2,493
|
|
Property Insurance
|
0.442%
|
$1,597
|
|
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%
|
$54,201
|
|
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 |
$372,183 |
$383,349 |
$394,849 |
$406,695 |
$418,896 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,840 |
$11,165 |
$11,500 |
$11,845 |
$12,201 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,423 |
$2,496 |
$2,571 |
$2,648 |
$2,727 |
| 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 |
$2,423 |
$2,496 |
$2,571 |
$2,648 |
$2,727 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$73 |
$75 |
$77 |
$79 |
$82 |
| Monthly Gross Operating Income |
$2,350 |
$2,421 |
$2,494 |
$2,568 |
$2,646 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$29,078 |
$29,951 |
$30,849 |
$31,775 |
$32,728 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$29,078 |
$29,951 |
$30,849 |
$31,775 |
$32,728 |
| Annual Vacancy Dollar |
$872 |
$899 |
$925 |
$953 |
$982 |
| Annual Gross Operating Income |
$28,206 |
$29,052 |
$29,924 |
$30,821 |
$31,746 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.690% |
0.690% |
0.690% |
0.690% |
0.690% |
| Property Taxes Dollar |
$2,493 |
$2,568 |
$2,645 |
$2,724 |
$2,806 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,597 |
$1,645 |
$1,694 |
$1,745 |
$1,798 |
| 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 |
$2,821 |
$2,905 |
$2,992 |
$3,082 |
$3,175 |
| 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 |
$6,911 |
$7,118 |
$7,332 |
$7,552 |
$7,778 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,295 |
$21,934 |
$22,592 |
$23,270 |
$23,968 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$26,037 |
$26,037 |
$26,037 |
$26,037 |
$26,037 |
| Principal |
$3,837 |
$4,094 |
$4,368 |
$4,661 |
$4,973 |
| Interest |
$22,200 |
$21,943 |
$21,669 |
$21,376 |
$21,064 |
| Loan Balance at End of Year |
$339,439 |
$335,345 |
$330,977 |
$326,316 |
$321,344 |
| 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 |
$2,918 |
$2,918 |
$2,918 |
$2,918 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$32,744 |
$48,004 |
$63,872 |
$80,378 |
$97,552 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,660 |
-$7,021 |
-$6,363 |
-$5,685 |
-$2,069 |
| Monhtly Cash Flow |
-$638 |
-$585 |
-$530 |
-$474 |
-$172 |
| Cash on Cash Return on Investment |
-0.148% |
-0.136% |
-0.123% |
-0.110% |
-0.040% |
| 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 |