Scottsdale Deal Analysis
Let's look at deal analysis for Scottsdale, 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 Scottsdale, Arizona Nomad™ Property with 10% Higher Rents
|
Typical Scottsdale, Arizona Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$831,639
|
|
Purchase Price
|
|
$831,639
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$41,582
|
|
Closing Costs
|
1.000%
|
$8,316
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$47,190
|
|
Total Invested
|
|
$97,088
|
|
Mortgage
|
|
Mortgage Amount
|
|
$790,057.05
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$559.62
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$5,775
$5775.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$2,079
|
|
Property Taxes
|
0.536%
|
$4,458
|
|
Property Insurance
|
0.442%
|
$3,676
|
|
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%
|
$124,746
|
|
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 |
$856,588 |
$882,286 |
$908,754 |
$936,017 |
$964,098 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$24,949 |
$25,698 |
$26,469 |
$27,263 |
$28,081 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,775 |
$5,948 |
$6,127 |
$6,310 |
$6,500 |
| 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 |
$5,775 |
$5,948 |
$6,127 |
$6,310 |
$6,500 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$173 |
$178 |
$184 |
$189 |
$195 |
| Monthly Gross Operating Income |
$5,602 |
$5,770 |
$5,943 |
$6,121 |
$6,305 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$69,300 |
$71,379 |
$73,520 |
$75,726 |
$77,998 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$69,300 |
$71,379 |
$73,520 |
$75,726 |
$77,998 |
| Annual Vacancy Dollar |
$2,079 |
$2,141 |
$2,206 |
$2,272 |
$2,340 |
| Annual Gross Operating Income |
$67,221 |
$69,238 |
$71,315 |
$73,454 |
$75,658 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.536% |
0.536% |
0.536% |
0.536% |
0.536% |
| Property Taxes Dollar |
$4,458 |
$4,591 |
$4,729 |
$4,871 |
$5,017 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$3,676 |
$3,786 |
$3,900 |
$4,017 |
$4,137 |
| 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 |
$6,722 |
$6,924 |
$7,131 |
$7,345 |
$7,566 |
| 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 |
$14,856 |
$15,301 |
$15,760 |
$16,233 |
$16,720 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$52,365 |
$53,936 |
$55,555 |
$57,221 |
$58,938 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$59,924 |
$59,924 |
$59,924 |
$59,924 |
$59,924 |
| Principal |
$8,831 |
$9,422 |
$10,053 |
$10,726 |
$11,445 |
| Interest |
$51,094 |
$50,502 |
$49,871 |
$49,198 |
$48,480 |
| Loan Balance at End of Year |
$781,226 |
$771,804 |
$761,751 |
$751,025 |
$739,580 |
| 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 |
$6,715 |
$6,715 |
$6,715 |
$6,715 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$75,362 |
$110,482 |
$147,003 |
$184,992 |
$224,518 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$14,274 |
-$12,703 |
-$11,085 |
-$9,419 |
-$987 |
| Monhtly Cash Flow |
-$1,190 |
-$1,059 |
-$924 |
-$785 |
-$82 |
| Cash on Cash Return on Investment |
-0.147% |
-0.131% |
-0.114% |
-0.097% |
-0.010% |
| 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 |