Washington Deal Analysis
Let's look at deal analysis for Washington, DC 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 Washington, District of Columbia Nomad™ Property with 10% Higher Rents
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Typical Washington, District of Columbia 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
|
|
$739,924
|
|
Purchase Price
|
|
$739,924
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$36,996
|
|
Closing Costs
|
1.000%
|
$7,399
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$1,407
|
|
Total Invested
|
|
$45,803
|
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Mortgage
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|
Mortgage Amount
|
|
$702,927.80
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|
Mortgage Interest Rate
|
6.500%
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|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$497.91
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$6,004
$6003.69
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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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$2,161
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|
Property Taxes
|
0.575%
|
$4,255
|
|
Property Insurance
|
0.124%
|
$918
|
|
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%
|
$110,989
|
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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 |
$762,122 |
$784,985 |
$808,535 |
$832,791 |
$857,775 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$22,198 |
$22,864 |
$23,550 |
$24,256 |
$24,984 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$6,004 |
$6,184 |
$6,369 |
$6,560 |
$6,757 |
| 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 |
$6,004 |
$6,184 |
$6,369 |
$6,560 |
$6,757 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$180 |
$186 |
$191 |
$197 |
$203 |
| Monthly Gross Operating Income |
$5,824 |
$5,998 |
$6,178 |
$6,364 |
$6,554 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$72,044 |
$74,206 |
$76,432 |
$78,725 |
$81,086 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$72,044 |
$74,206 |
$76,432 |
$78,725 |
$81,086 |
| Annual Vacancy Dollar |
$2,161 |
$2,226 |
$2,293 |
$2,362 |
$2,433 |
| Annual Gross Operating Income |
$69,883 |
$71,979 |
$74,139 |
$76,363 |
$78,654 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.575% |
0.575% |
0.575% |
0.575% |
0.575% |
| Property Taxes Dollar |
$4,255 |
$4,382 |
$4,514 |
$4,649 |
$4,789 |
| Insurance Percent |
0.124% |
0.124% |
0.124% |
0.124% |
0.124% |
| Insurance Dollar |
$918 |
$945 |
$973 |
$1,003 |
$1,033 |
| 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 |
$6,988 |
$7,198 |
$7,414 |
$7,636 |
$7,865 |
| 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 |
$12,160 |
$12,525 |
$12,901 |
$13,288 |
$13,687 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$57,723 |
$59,454 |
$61,238 |
$63,075 |
$64,967 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$53,316 |
$53,316 |
$53,316 |
$53,316 |
$53,316 |
| Principal |
$7,857 |
$8,383 |
$8,944 |
$9,543 |
$10,183 |
| Interest |
$45,459 |
$44,933 |
$44,371 |
$43,772 |
$43,133 |
| Loan Balance at End of Year |
$695,071 |
$686,688 |
$677,744 |
$668,200 |
$658,018 |
| 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 |
$5,975 |
$5,975 |
$5,975 |
$5,975 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$67,051 |
$98,297 |
$130,791 |
$164,591 |
$199,757 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,568 |
$164 |
$1,947 |
$3,784 |
$11,652 |
| Monhtly Cash Flow |
-$131 |
$14 |
$162 |
$315 |
$971 |
| Cash on Cash Return on Investment |
-0.034% |
0.004% |
0.043% |
0.083% |
0.254% |
| 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 |