Arvada Deal Analysis
Let's look at deal analysis for Arvada, CO 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 Arvada, Colorado Nomad™ Property with 10% Higher Rents
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Typical Arvada, Colorado Nomad™ Property with 10% Higher Rents
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|
Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$601,639
|
|
Purchase Price
|
|
$601,639
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$30,082
|
|
Closing Costs
|
1.000%
|
$6,016
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$190,440
|
|
Total Invested
|
|
$226,538
|
|
Mortgage
|
|
Mortgage Amount
|
|
$571,557.05
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$404.85
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,087
$3087.32
|
|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,111
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Property Taxes
|
0.556%
|
$3,345
|
|
Property Insurance
|
0.508%
|
$3,056
|
|
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%
|
$90,246
|
|
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 |
$619,688 |
$638,279 |
$657,427 |
$677,150 |
$697,464 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,049 |
$18,591 |
$19,148 |
$19,723 |
$20,314 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,087 |
$3,180 |
$3,275 |
$3,374 |
$3,475 |
| 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 |
$3,087 |
$3,180 |
$3,275 |
$3,374 |
$3,475 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$93 |
$95 |
$98 |
$101 |
$104 |
| Monthly Gross Operating Income |
$2,995 |
$3,085 |
$3,177 |
$3,272 |
$3,371 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$37,048 |
$38,159 |
$39,304 |
$40,483 |
$41,698 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$37,048 |
$38,159 |
$39,304 |
$40,483 |
$41,698 |
| Annual Vacancy Dollar |
$1,111 |
$1,145 |
$1,179 |
$1,214 |
$1,251 |
| Annual Gross Operating Income |
$35,936 |
$37,014 |
$38,125 |
$39,269 |
$40,447 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.556% |
0.556% |
0.556% |
0.556% |
0.556% |
| Property Taxes Dollar |
$3,345 |
$3,445 |
$3,549 |
$3,655 |
$3,765 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$3,056 |
$3,148 |
$3,242 |
$3,340 |
$3,440 |
| 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 |
$3,594 |
$3,701 |
$3,812 |
$3,927 |
$4,045 |
| 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 |
$9,995 |
$10,295 |
$10,604 |
$10,922 |
$11,250 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$25,941 |
$26,720 |
$27,521 |
$28,347 |
$29,197 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$43,352 |
$43,352 |
$43,352 |
$43,352 |
$43,352 |
| Principal |
$6,388 |
$6,816 |
$7,273 |
$7,760 |
$8,280 |
| Interest |
$36,963 |
$36,535 |
$36,079 |
$35,592 |
$35,072 |
| Loan Balance at End of Year |
$565,169 |
$558,352 |
$551,080 |
$543,320 |
$535,040 |
| 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 |
$4,858 |
$4,858 |
$4,858 |
$4,858 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$54,520 |
$79,927 |
$106,348 |
$133,830 |
$162,424 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$22,268 |
-$21,490 |
-$20,689 |
-$19,863 |
-$14,154 |
| Monhtly Cash Flow |
-$1,856 |
-$1,791 |
-$1,724 |
-$1,655 |
-$1,180 |
| Cash on Cash Return on Investment |
-0.098% |
-0.095% |
-0.091% |
-0.088% |
-0.062% |
| 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 |