Pembroke Pines Deal Analysis
Let's look at deal analysis for Pembroke Pines, 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 Pembroke Pines, Florida Nomad™ Property with 10% Higher Rents
Typical Pembroke Pines, Florida Nomad™ Property with 10% Higher Rents
|
Purchase Inputs
|
|
Percents
|
Dollars/#
|
ARV
|
|
$462,597
|
Purchase Price
|
|
$462,597
|
Seller Concessions
|
—
|
$0
|
Down Payment
|
5.000%
|
$23,130
|
Closing Costs
|
1.000%
|
$4,626
|
Rent Ready Costs
|
|
$0
|
Cumulative Negative Cash Flow
|
|
$21,311
|
Total Invested
|
|
$49,067
|
Mortgage
|
Mortgage Amount
|
|
$439,467.15
|
Mortgage Interest Rate
|
6.500%
|
|
Loan Term
|
|
360
|
Private Mortgage Insurance
|
0.850%
|
$311.29
|
Drop PMI LTV
|
80.000%
|
|
Income
|
Monthly Rent
|
|
$4,158
$4158.00
|
Other Income
|
|
$0
|
Annual Expenses
|
Vacancy Rate
|
3.000%
|
$1,497
|
Property Taxes
|
1.216%
|
$5,625
|
Property Insurance
|
1.675%
|
$7,748
|
HOA Dues
|
|
$0
|
Utilities
|
|
$0
|
Other Expenses 1
|
|
$0
|
Other Expenses 2
|
|
$0
|
Maintenance
|
10.000%
|
|
CapEx
|
|
$0
|
Management
|
0.000%
|
|
Depreciation Details
|
Land Value
|
15.000%
|
$69,390
|
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 |
$476,475 |
$490,769 |
$505,492 |
$520,657 |
$536,277 |
Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Appreciation Dollar |
$13,878 |
$14,294 |
$14,723 |
$15,165 |
$15,620 |
Monthly Income |
1 |
2 |
3 |
4 |
5 |
Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Rent |
$4,158 |
$4,283 |
$4,411 |
$4,544 |
$4,680 |
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 |
$4,158 |
$4,283 |
$4,411 |
$4,544 |
$4,680 |
Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Vacancy Dollar |
$125 |
$128 |
$132 |
$136 |
$140 |
Monthly Gross Operating Income |
$4,033 |
$4,154 |
$4,279 |
$4,407 |
$4,539 |
Annual Income |
1 |
2 |
3 |
4 |
5 |
Annual Rent |
$49,896 |
$51,393 |
$52,935 |
$54,523 |
$56,158 |
Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
Annual Gross Potential Income |
$49,896 |
$51,393 |
$52,935 |
$54,523 |
$56,158 |
Annual Vacancy Dollar |
$1,497 |
$1,542 |
$1,588 |
$1,636 |
$1,685 |
Annual Gross Operating Income |
$48,399 |
$49,851 |
$51,347 |
$52,887 |
$54,474 |
Annual Expenses |
1 |
2 |
3 |
4 |
5 |
Property Taxes Percent |
1.216% |
1.216% |
1.216% |
1.216% |
1.216% |
Property Taxes Dollar |
$5,625 |
$5,794 |
$5,968 |
$6,147 |
$6,331 |
Insurance Percent |
1.675% |
1.675% |
1.675% |
1.675% |
1.675% |
Insurance Dollar |
$7,748 |
$7,981 |
$8,220 |
$8,467 |
$8,721 |
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 |
$4,840 |
$4,985 |
$5,135 |
$5,289 |
$5,447 |
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 |
$18,214 |
$18,760 |
$19,323 |
$19,902 |
$20,500 |
Net Operating Income |
1 |
2 |
3 |
4 |
5 |
Net Operating Income (NOI) |
$30,186 |
$31,091 |
$32,024 |
$32,985 |
$33,974 |
Mortgage |
1 |
2 |
3 |
4 |
5 |
Total Annual P&I Payments |
$33,333 |
$33,333 |
$33,333 |
$33,333 |
$33,333 |
Principal |
$4,912 |
$5,241 |
$5,592 |
$5,966 |
$6,366 |
Interest |
$28,421 |
$28,092 |
$27,741 |
$27,366 |
$26,967 |
Loan Balance at End of Year |
$434,555 |
$429,314 |
$423,722 |
$417,756 |
$411,390 |
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 |
$3,735 |
$3,735 |
$3,735 |
$3,735 |
$0 |
Equity |
1 |
2 |
3 |
4 |
5 |
ARV - Loan Balance at End of Year |
$41,920 |
$61,455 |
$81,770 |
$102,901 |
$124,887 |
Cash Flow |
1 |
2 |
3 |
4 |
5 |
Annual Cash Flow |
-$6,883 |
-$5,977 |
-$5,044 |
-$4,084 |
$641 |
Monhtly Cash Flow |
-$574 |
-$498 |
-$420 |
-$340 |
$53 |
Cash on Cash Return on Investment |
-0.140% |
-0.122% |
-0.103% |
-0.083% |
0.013% |
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 |