Gainesville Deal Analysis
Let's look at deal analysis for Gainesville, 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 Gainesville, Florida Nomad™ Property with 10% Higher Rents
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Typical Gainesville, 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/#
|
|
ARV
|
|
$261,142
|
|
Purchase Price
|
|
$261,142
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$13,057
|
|
Closing Costs
|
1.000%
|
$2,611
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$3,148
|
|
Total Invested
|
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$18,817
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|
Mortgage
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|
Mortgage Amount
|
|
$248,084.90
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Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$175.73
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|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$2,541
$2541.00
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|
Other Income
|
|
$0
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Annual Expenses
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Vacancy Rate
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3.000%
|
$915
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Property Taxes
|
1.163%
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$3,037
|
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Property Insurance
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1.674%
|
$4,372
|
|
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
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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%
|
$39,171
|
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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 |
$268,976 |
$277,046 |
$285,357 |
$293,918 |
$302,735 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,834 |
$8,069 |
$8,311 |
$8,561 |
$8,818 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| 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 |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$76 |
$79 |
$81 |
$83 |
$86 |
| Monthly Gross Operating Income |
$2,465 |
$2,539 |
$2,615 |
$2,693 |
$2,774 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$30,492 |
$31,407 |
$32,349 |
$33,319 |
$34,319 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$30,492 |
$31,407 |
$32,349 |
$33,319 |
$34,319 |
| Annual Vacancy Dollar |
$915 |
$942 |
$970 |
$1,000 |
$1,030 |
| Annual Gross Operating Income |
$29,577 |
$30,465 |
$31,378 |
$32,320 |
$33,289 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.163% |
1.163% |
1.163% |
1.163% |
1.163% |
| Property Taxes Dollar |
$3,037 |
$3,128 |
$3,222 |
$3,319 |
$3,418 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$4,372 |
$4,503 |
$4,638 |
$4,777 |
$4,920 |
| 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 |
$2,958 |
$3,046 |
$3,138 |
$3,232 |
$3,329 |
| 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 |
$10,366 |
$10,677 |
$10,998 |
$11,328 |
$11,667 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$19,211 |
$19,787 |
$20,381 |
$20,992 |
$21,622 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$18,817 |
$18,817 |
$18,817 |
$18,817 |
$18,817 |
| Principal |
$2,773 |
$2,959 |
$3,157 |
$3,368 |
$3,594 |
| Interest |
$16,044 |
$15,858 |
$15,660 |
$15,449 |
$15,223 |
| Loan Balance at End of Year |
$245,312 |
$242,353 |
$239,196 |
$235,828 |
$232,234 |
| 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 |
$2,109 |
$2,109 |
$2,109 |
$2,109 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$23,664 |
$34,692 |
$46,160 |
$58,089 |
$70,501 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,715 |
-$1,138 |
-$545 |
$67 |
$2,805 |
| Monhtly Cash Flow |
-$143 |
-$95 |
-$45 |
$6 |
$234 |
| Cash on Cash Return on Investment |
-0.091% |
-0.060% |
-0.029% |
0.004% |
0.149% |
| 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 |