Stamford Deal Analysis
Let's look at deal analysis for Stamford, CT 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 Stamford, Connecticut Nomad™ Property with 10% Higher Rents
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Typical Stamford, Connecticut 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/#
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|
ARV
|
|
$647,274
|
|
Purchase Price
|
|
$647,274
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$32,364
|
|
Closing Costs
|
1.000%
|
$6,473
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$42,254
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|
Total Invested
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$81,090
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Mortgage
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|
Mortgage Amount
|
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$614,910.30
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
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0.850%
|
$435.56
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Drop PMI LTV
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80.000%
|
|
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Income
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Monthly Rent
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|
$4,851
$4851.00
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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%
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$1,746
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Property Taxes
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1.425%
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$9,224
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|
Property Insurance
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0.278%
|
$1,799
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|
HOA Dues
|
|
$0
|
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Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
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|
$0
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Maintenance
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10.000%
|
|
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CapEx
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|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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Land Value
|
15.000%
|
$97,091
|
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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 |
$666,692 |
$686,693 |
$707,294 |
$728,513 |
$750,368 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$19,418 |
$20,001 |
$20,601 |
$21,219 |
$21,855 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,851 |
$4,997 |
$5,146 |
$5,301 |
$5,460 |
| 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 |
$4,851 |
$4,997 |
$5,146 |
$5,301 |
$5,460 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$146 |
$150 |
$154 |
$159 |
$164 |
| Monthly Gross Operating Income |
$4,705 |
$4,847 |
$4,992 |
$5,142 |
$5,296 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$58,212 |
$59,958 |
$61,757 |
$63,610 |
$65,518 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$58,212 |
$59,958 |
$61,757 |
$63,610 |
$65,518 |
| Annual Vacancy Dollar |
$1,746 |
$1,799 |
$1,853 |
$1,908 |
$1,966 |
| Annual Gross Operating Income |
$56,466 |
$58,160 |
$59,904 |
$61,702 |
$63,553 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.425% |
1.425% |
1.425% |
1.425% |
1.425% |
| Property Taxes Dollar |
$9,224 |
$9,500 |
$9,785 |
$10,079 |
$10,381 |
| Insurance Percent |
0.278% |
0.278% |
0.278% |
0.278% |
0.278% |
| Insurance Dollar |
$1,799 |
$1,853 |
$1,909 |
$1,966 |
$2,025 |
| 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 |
$5,647 |
$5,816 |
$5,990 |
$6,170 |
$6,355 |
| 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 |
$16,670 |
$17,170 |
$17,685 |
$18,215 |
$18,762 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$39,796 |
$40,990 |
$42,220 |
$43,486 |
$44,791 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$46,640 |
$46,640 |
$46,640 |
$46,640 |
$46,640 |
| Principal |
$6,873 |
$7,333 |
$7,824 |
$8,348 |
$8,908 |
| Interest |
$39,767 |
$39,307 |
$38,815 |
$38,291 |
$37,732 |
| Loan Balance at End of Year |
$608,037 |
$600,704 |
$592,880 |
$584,531 |
$575,624 |
| 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 |
$5,227 |
$5,227 |
$5,227 |
$5,227 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$58,655 |
$85,989 |
$114,414 |
$143,981 |
$174,744 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,071 |
-$10,877 |
-$9,647 |
-$8,380 |
-$1,849 |
| Monhtly Cash Flow |
-$1,006 |
-$906 |
-$804 |
-$698 |
-$154 |
| Cash on Cash Return on Investment |
-0.149% |
-0.134% |
-0.119% |
-0.103% |
-0.023% |
| 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 |