Boca Raton Deal Analysis
Let's look at deal analysis for Boca Raton, FL 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 Boca Raton, Florida Nomad™ Property with 10% Higher Rents
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Typical Boca Raton, Florida 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
|
|
$582,113
|
|
Purchase Price
|
|
$582,113
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|
Seller Concessions
|
—
|
$0
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|
Down Payment
|
5.000%
|
$29,106
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|
Closing Costs
|
1.000%
|
$5,821
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|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
|
|
$8,944
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Total Invested
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$43,871
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Mortgage
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|
Mortgage Amount
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$553,007.35
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Mortgage Interest Rate
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6.500%
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Loan Term
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|
360
|
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Private Mortgage Insurance
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0.850%
|
$391.71
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Drop PMI LTV
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80.000%
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|
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Income
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Monthly Rent
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|
$5,544
$5544.00
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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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$1,996
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Property Taxes
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1.042%
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$6,066
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Property Insurance
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1.674%
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$9,745
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|
HOA Dues
|
|
$0
|
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Utilities
|
|
$0
|
|
Other Expenses 1
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|
$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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|
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CapEx
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$0
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Management
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0.000%
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|
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Depreciation Details
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Land Value
|
15.000%
|
$87,317
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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 |
$599,576 |
$617,564 |
$636,091 |
$655,173 |
$674,829 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$17,463 |
$17,987 |
$18,527 |
$19,083 |
$19,655 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,544 |
$5,710 |
$5,882 |
$6,058 |
$6,240 |
| 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 |
$5,544 |
$5,710 |
$5,882 |
$6,058 |
$6,240 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$166 |
$171 |
$176 |
$182 |
$187 |
| Monthly Gross Operating Income |
$5,378 |
$5,539 |
$5,705 |
$5,876 |
$6,053 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$66,528 |
$68,524 |
$70,580 |
$72,697 |
$74,878 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$66,528 |
$68,524 |
$70,580 |
$72,697 |
$74,878 |
| Annual Vacancy Dollar |
$1,996 |
$2,056 |
$2,117 |
$2,181 |
$2,246 |
| Annual Gross Operating Income |
$64,532 |
$66,468 |
$68,462 |
$70,516 |
$72,632 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.042% |
1.042% |
1.042% |
1.042% |
1.042% |
| Property Taxes Dollar |
$6,066 |
$6,248 |
$6,435 |
$6,628 |
$6,827 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$9,745 |
$10,037 |
$10,338 |
$10,648 |
$10,968 |
| 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 |
$6,453 |
$6,647 |
$6,846 |
$7,052 |
$7,263 |
| 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 |
$22,263 |
$22,931 |
$23,619 |
$24,328 |
$25,058 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$42,269 |
$43,537 |
$44,843 |
$46,188 |
$47,574 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$41,945 |
$41,945 |
$41,945 |
$41,945 |
$41,945 |
| Principal |
$6,181 |
$6,595 |
$7,037 |
$7,508 |
$8,011 |
| Interest |
$35,763 |
$35,350 |
$34,908 |
$34,437 |
$33,934 |
| Loan Balance at End of Year |
$546,826 |
$540,231 |
$533,195 |
$525,687 |
$517,676 |
| 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 |
$4,701 |
$4,701 |
$4,701 |
$4,701 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$52,750 |
$77,332 |
$102,896 |
$129,487 |
$157,153 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$4,376 |
-$3,108 |
-$1,802 |
-$457 |
$5,629 |
| Monhtly Cash Flow |
-$365 |
-$259 |
-$150 |
-$38 |
$469 |
| Cash on Cash Return on Investment |
-0.100% |
-0.071% |
-0.041% |
-0.010% |
0.128% |
| 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 |