Fort Lauderdale Deal Analysis
Let's look at deal analysis for Fort Lauderdale, 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 Fort Lauderdale, Florida Nomad™ Property with 10% Higher Rents
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Typical Fort Lauderdale, Florida Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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Percents
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Dollars/#
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|
ARV
|
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$484,260
|
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Purchase Price
|
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$484,260
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|
Seller Concessions
|
—
|
$0
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|
Down Payment
|
5.000%
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$24,213
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|
Closing Costs
|
1.000%
|
$4,843
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|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
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|
$113,813
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Total Invested
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$142,868
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Mortgage
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Mortgage Amount
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$460,047
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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%
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$325.87
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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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$3,389
$3388.77
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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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$1,220
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Property Taxes
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0.951%
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$4,605
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Property Insurance
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1.674%
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$8,107
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HOA Dues
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|
$0
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Utilities
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|
$0
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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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CapEx
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$0
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Management
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0.000%
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Depreciation Details
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Land Value
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15.000%
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$72,639
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Property Type (C or R)
|
R
|
27.5
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Effective Income Tax Rate
|
15.000%
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|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$498,788 |
$513,751 |
$529,164 |
$545,039 |
$561,390 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$14,528 |
$14,964 |
$15,413 |
$15,875 |
$16,351 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,389 |
$3,490 |
$3,595 |
$3,703 |
$3,814 |
| 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 |
$3,389 |
$3,490 |
$3,595 |
$3,703 |
$3,814 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$102 |
$105 |
$108 |
$111 |
$114 |
| Monthly Gross Operating Income |
$3,287 |
$3,386 |
$3,487 |
$3,592 |
$3,700 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$40,665 |
$41,885 |
$43,142 |
$44,436 |
$45,769 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$40,665 |
$41,885 |
$43,142 |
$44,436 |
$45,769 |
| Annual Vacancy Dollar |
$1,220 |
$1,257 |
$1,294 |
$1,333 |
$1,373 |
| Annual Gross Operating Income |
$39,445 |
$40,629 |
$41,848 |
$43,103 |
$44,396 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.951% |
0.951% |
0.951% |
0.951% |
0.951% |
| Property Taxes Dollar |
$4,605 |
$4,743 |
$4,886 |
$5,032 |
$5,183 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$8,107 |
$8,350 |
$8,600 |
$8,858 |
$9,124 |
| 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 |
$3,945 |
$4,063 |
$4,185 |
$4,310 |
$4,440 |
| 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 |
$16,656 |
$17,156 |
$17,671 |
$18,201 |
$18,747 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,789 |
$23,473 |
$24,177 |
$24,902 |
$25,649 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$34,894 |
$34,894 |
$34,894 |
$34,894 |
$34,894 |
| Principal |
$5,142 |
$5,486 |
$5,854 |
$6,246 |
$6,664 |
| Interest |
$29,752 |
$29,407 |
$29,040 |
$28,648 |
$28,230 |
| Loan Balance at End of Year |
$454,905 |
$449,419 |
$443,565 |
$437,319 |
$430,654 |
| 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 |
$3,910 |
$3,910 |
$3,910 |
$3,910 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$43,883 |
$64,333 |
$85,599 |
$107,720 |
$130,736 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$16,015 |
-$15,332 |
-$14,627 |
-$13,902 |
-$9,245 |
| Monhtly Cash Flow |
-$1,335 |
-$1,278 |
-$1,219 |
-$1,159 |
-$770 |
| Cash on Cash Return on Investment |
-0.112% |
-0.107% |
-0.102% |
-0.097% |
-0.065% |
| 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 |