Peoria Deal Analysis
Let's look at deal analysis for Peoria, 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 Peoria, Arizona Nomad™ Property with 10% Higher Rents
|
Typical Peoria, Arizona Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$435,065
|
|
Purchase Price
|
|
$435,065
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$21,753
|
|
Closing Costs
|
1.000%
|
$4,351
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$92,547
|
|
Total Invested
|
|
$118,651
|
|
Mortgage
|
|
Mortgage Amount
|
|
$413,311.75
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$292.76
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,465
$2464.77
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$887
|
|
Property Taxes
|
0.661%
|
$2,876
|
|
Property Insurance
|
0.442%
|
$1,923
|
|
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%
|
$65,260
|
|
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 |
$448,117 |
$461,560 |
$475,407 |
$489,669 |
$504,360 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,052 |
$13,444 |
$13,847 |
$14,262 |
$14,690 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,465 |
$2,539 |
$2,615 |
$2,693 |
$2,774 |
| 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 |
$2,465 |
$2,539 |
$2,615 |
$2,693 |
$2,774 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$74 |
$76 |
$78 |
$81 |
$83 |
| Monthly Gross Operating Income |
$2,391 |
$2,463 |
$2,536 |
$2,613 |
$2,691 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$29,577 |
$30,465 |
$31,378 |
$32,320 |
$33,289 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$29,577 |
$30,465 |
$31,378 |
$32,320 |
$33,289 |
| Annual Vacancy Dollar |
$887 |
$914 |
$941 |
$970 |
$999 |
| Annual Gross Operating Income |
$28,690 |
$29,551 |
$30,437 |
$31,350 |
$32,291 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.661% |
0.661% |
0.661% |
0.661% |
0.661% |
| Property Taxes Dollar |
$2,876 |
$2,962 |
$3,051 |
$3,142 |
$3,237 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,923 |
$1,981 |
$2,040 |
$2,101 |
$2,164 |
| 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 |
$2,869 |
$2,955 |
$3,044 |
$3,135 |
$3,229 |
| 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 |
$7,668 |
$7,898 |
$8,135 |
$8,379 |
$8,630 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,022 |
$21,653 |
$22,302 |
$22,971 |
$23,661 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$31,349 |
$31,349 |
$31,349 |
$31,349 |
$31,349 |
| Principal |
$4,620 |
$4,929 |
$5,259 |
$5,611 |
$5,987 |
| Interest |
$26,729 |
$26,420 |
$26,090 |
$25,738 |
$25,362 |
| Loan Balance at End of Year |
$408,692 |
$403,763 |
$398,504 |
$392,892 |
$386,905 |
| 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 |
$3,513 |
$3,513 |
$3,513 |
$3,513 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$39,425 |
$57,797 |
$76,903 |
$96,777 |
$117,454 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$13,840 |
-$13,209 |
-$12,560 |
-$11,891 |
-$7,688 |
| Monhtly Cash Flow |
-$1,153 |
-$1,101 |
-$1,047 |
-$991 |
-$641 |
| Cash on Cash Return on Investment |
-0.117% |
-0.111% |
-0.106% |
-0.100% |
-0.065% |
| 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 |