Fort Collins Deal Analysis
Let's look at deal analysis for Fort Collins, 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 Fort Collins, Colorado Nomad™ Property with 10% Higher Rents
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Typical Fort Collins, Colorado 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
|
|
$402,957
|
|
Purchase Price
|
|
$402,957
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$20,148
|
|
Closing Costs
|
1.000%
|
$4,030
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$16,166
|
|
Total Invested
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$40,344
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|
Mortgage
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|
Mortgage Amount
|
|
$382,809.15
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|
Mortgage Interest Rate
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6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$271.16
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$2,979
$2978.75
|
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Other Income
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|
$0
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Annual Expenses
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Vacancy Rate
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3.000%
|
$1,072
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Property Taxes
|
0.569%
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$2,293
|
|
Property Insurance
|
0.508%
|
$2,047
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$60,444
|
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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 |
$415,046 |
$427,497 |
$440,322 |
$453,532 |
$467,138 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,089 |
$12,451 |
$12,825 |
$13,210 |
$13,606 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,979 |
$3,068 |
$3,160 |
$3,255 |
$3,353 |
| 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 |
$2,979 |
$3,068 |
$3,160 |
$3,255 |
$3,353 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$89 |
$92 |
$95 |
$98 |
$101 |
| Monthly Gross Operating Income |
$2,889 |
$2,976 |
$3,065 |
$3,157 |
$3,252 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$35,745 |
$36,817 |
$37,922 |
$39,060 |
$40,231 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$35,745 |
$36,817 |
$37,922 |
$39,060 |
$40,231 |
| Annual Vacancy Dollar |
$1,072 |
$1,105 |
$1,138 |
$1,172 |
$1,207 |
| Annual Gross Operating Income |
$34,673 |
$35,713 |
$36,784 |
$37,888 |
$39,024 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.569% |
0.569% |
0.569% |
0.569% |
0.569% |
| Property Taxes Dollar |
$2,293 |
$2,362 |
$2,432 |
$2,505 |
$2,581 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$2,047 |
$2,108 |
$2,172 |
$2,237 |
$2,304 |
| 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 |
$3,467 |
$3,571 |
$3,678 |
$3,789 |
$3,902 |
| 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 |
$7,807 |
$8,041 |
$8,283 |
$8,531 |
$8,787 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$26,866 |
$27,672 |
$28,502 |
$29,357 |
$30,237 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$29,035 |
$29,035 |
$29,035 |
$29,035 |
$29,035 |
| Principal |
$4,279 |
$4,565 |
$4,871 |
$5,197 |
$5,545 |
| Interest |
$24,757 |
$24,470 |
$24,164 |
$23,838 |
$23,490 |
| Loan Balance at End of Year |
$378,530 |
$373,965 |
$369,094 |
$363,897 |
$358,352 |
| 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 |
$3,254 |
$3,254 |
$3,254 |
$3,254 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$36,515 |
$53,532 |
$71,228 |
$89,635 |
$108,786 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,424 |
-$4,618 |
-$3,788 |
-$2,932 |
$1,202 |
| Monhtly Cash Flow |
-$452 |
-$385 |
-$316 |
-$244 |
$100 |
| Cash on Cash Return on Investment |
-0.134% |
-0.114% |
-0.094% |
-0.073% |
0.030% |
| 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 |