Phoenix Deal Analysis
Let's look at deal analysis for Phoenix, 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 Phoenix, Arizona Nomad™ Property with 10% Higher Rents
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Typical Phoenix, Arizona Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$380,322
|
|
Purchase Price
|
|
$380,322
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$19,016
|
|
Closing Costs
|
1.000%
|
$3,803
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$1,707
|
|
Total Invested
|
|
$24,527
|
|
Mortgage
|
|
Mortgage Amount
|
|
$361,305.90
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$255.93
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,176
$3176.25
|
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Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,143
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Property Taxes
|
0.657%
|
$2,499
|
|
Property Insurance
|
0.442%
|
$1,681
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$57,048
|
|
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 |
$391,732 |
$403,484 |
$415,588 |
$428,056 |
$440,897 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,410 |
$11,752 |
$12,105 |
$12,468 |
$12,842 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,176 |
$3,272 |
$3,370 |
$3,471 |
$3,575 |
| 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 |
$3,176 |
$3,272 |
$3,370 |
$3,471 |
$3,575 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$95 |
$98 |
$101 |
$104 |
$107 |
| Monthly Gross Operating Income |
$3,081 |
$3,173 |
$3,269 |
$3,367 |
$3,468 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$38,115 |
$39,258 |
$40,436 |
$41,649 |
$42,899 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$38,115 |
$39,258 |
$40,436 |
$41,649 |
$42,899 |
| Annual Vacancy Dollar |
$1,143 |
$1,178 |
$1,213 |
$1,249 |
$1,287 |
| Annual Gross Operating Income |
$36,972 |
$38,081 |
$39,223 |
$40,400 |
$41,612 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.657% |
0.657% |
0.657% |
0.657% |
0.657% |
| Property Taxes Dollar |
$2,499 |
$2,574 |
$2,651 |
$2,730 |
$2,812 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,681 |
$1,731 |
$1,783 |
$1,837 |
$1,892 |
| 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 |
$3,697 |
$3,808 |
$3,922 |
$4,040 |
$4,161 |
| 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 |
$7,877 |
$8,113 |
$8,357 |
$8,607 |
$8,866 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$29,095 |
$29,967 |
$30,867 |
$31,793 |
$32,746 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$27,404 |
$27,404 |
$27,404 |
$27,404 |
$27,404 |
| Principal |
$4,038 |
$4,309 |
$4,597 |
$4,905 |
$5,234 |
| Interest |
$23,366 |
$23,096 |
$22,807 |
$22,499 |
$22,171 |
| Loan Balance at End of Year |
$357,267 |
$352,959 |
$348,361 |
$343,456 |
$338,222 |
| 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 |
$3,071 |
$3,071 |
$3,071 |
$3,071 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$34,464 |
$50,525 |
$67,227 |
$84,600 |
$102,676 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,381 |
-$508 |
$391 |
$1,317 |
$5,342 |
| Monhtly Cash Flow |
-$115 |
-$42 |
$33 |
$110 |
$445 |
| Cash on Cash Return on Investment |
-0.056% |
-0.021% |
0.016% |
0.054% |
0.218% |
| 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 |