Pompano Beach Deal Analysis
Let's look at deal analysis for Pompano Beach, 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 Pompano Beach, Florida Nomad™ Property with 10% Higher Rents
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Typical Pompano Beach, 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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$349,167
|
|
Purchase Price
|
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$349,167
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|
Seller Concessions
|
—
|
$0
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|
Down Payment
|
5.000%
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$17,458
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|
Closing Costs
|
1.000%
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$3,492
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|
Rent Ready Costs
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|
$0
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Cumulative Negative Cash Flow
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|
$1,540
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Total Invested
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$22,490
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Mortgage
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Mortgage Amount
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$331,708.65
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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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$234.96
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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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$3,463
$3462.69
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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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$1,247
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Property Taxes
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1.061%
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$3,705
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Property Insurance
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1.674%
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$5,845
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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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|
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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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$52,375
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Property Type (C or R)
|
R
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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 |
$359,642 |
$370,431 |
$381,544 |
$392,991 |
$404,780 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,475 |
$10,789 |
$11,113 |
$11,446 |
$11,790 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,463 |
$3,567 |
$3,674 |
$3,784 |
$3,897 |
| 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 |
$3,463 |
$3,567 |
$3,674 |
$3,784 |
$3,897 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$104 |
$107 |
$110 |
$114 |
$117 |
| Monthly Gross Operating Income |
$3,359 |
$3,460 |
$3,563 |
$3,670 |
$3,780 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,552 |
$42,799 |
$44,083 |
$45,405 |
$46,767 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,552 |
$42,799 |
$44,083 |
$45,405 |
$46,767 |
| Annual Vacancy Dollar |
$1,247 |
$1,284 |
$1,322 |
$1,362 |
$1,403 |
| Annual Gross Operating Income |
$40,306 |
$41,515 |
$42,760 |
$44,043 |
$45,364 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.061% |
1.061% |
1.061% |
1.061% |
1.061% |
| Property Taxes Dollar |
$3,705 |
$3,816 |
$3,930 |
$4,048 |
$4,170 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$5,845 |
$6,020 |
$6,201 |
$6,387 |
$6,579 |
| 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 |
$4,031 |
$4,151 |
$4,276 |
$4,404 |
$4,536 |
| 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 |
$13,580 |
$13,988 |
$14,407 |
$14,840 |
$15,285 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$26,725 |
$27,527 |
$28,353 |
$29,204 |
$30,080 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$25,159 |
$25,159 |
$25,159 |
$25,159 |
$25,159 |
| Principal |
$3,708 |
$3,956 |
$4,221 |
$4,503 |
$4,805 |
| Interest |
$21,452 |
$21,204 |
$20,939 |
$20,656 |
$20,354 |
| Loan Balance at End of Year |
$328,001 |
$324,045 |
$319,825 |
$315,321 |
$310,516 |
| 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 |
$2,820 |
$2,820 |
$2,820 |
$2,820 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$31,641 |
$46,386 |
$61,720 |
$77,669 |
$94,264 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,254 |
-$452 |
$374 |
$1,225 |
$4,920 |
| Monhtly Cash Flow |
-$104 |
-$38 |
$31 |
$102 |
$410 |
| Cash on Cash Return on Investment |
-0.056% |
-0.020% |
0.017% |
0.054% |
0.219% |
| 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 |