Port St Lucie Deal Analysis
Let's look at deal analysis for Port St Lucie, 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 Port St Lucie, Florida Nomad™ Property with 10% Higher Rents
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Typical Port St Lucie, 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
|
|
$335,563
|
|
Purchase Price
|
|
$335,563
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$16,778
|
|
Closing Costs
|
1.000%
|
$3,356
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|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$26,764
|
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Total Invested
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$46,897
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Mortgage
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|
Mortgage Amount
|
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$318,784.85
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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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$225.81
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Drop PMI LTV
|
80.000%
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|
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Income
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Monthly Rent
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|
$2,847
$2847.08
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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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$1,025
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Property Taxes
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1.275%
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$4,278
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Property Insurance
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1.674%
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$5,617
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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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Depreciation Details
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Land Value
|
15.000%
|
$50,334
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Property Type (C or R)
|
R
|
27.5
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|
Effective Income Tax Rate
|
15.000%
|
|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$345,630 |
$355,999 |
$366,679 |
$377,679 |
$389,009 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,067 |
$10,369 |
$10,680 |
$11,000 |
$11,330 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,847 |
$2,932 |
$3,020 |
$3,111 |
$3,204 |
| 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 |
$2,847 |
$2,932 |
$3,020 |
$3,111 |
$3,204 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$85 |
$88 |
$91 |
$93 |
$96 |
| Monthly Gross Operating Income |
$2,762 |
$2,845 |
$2,930 |
$3,018 |
$3,108 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,165 |
$35,190 |
$36,246 |
$37,333 |
$38,453 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,165 |
$35,190 |
$36,246 |
$37,333 |
$38,453 |
| Annual Vacancy Dollar |
$1,025 |
$1,056 |
$1,087 |
$1,120 |
$1,154 |
| Annual Gross Operating Income |
$33,140 |
$34,134 |
$35,158 |
$36,213 |
$37,299 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.275% |
1.275% |
1.275% |
1.275% |
1.275% |
| Property Taxes Dollar |
$4,278 |
$4,407 |
$4,539 |
$4,675 |
$4,815 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$5,617 |
$5,786 |
$5,959 |
$6,138 |
$6,322 |
| 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 |
$3,314 |
$3,413 |
$3,516 |
$3,621 |
$3,730 |
| 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 |
$13,210 |
$13,606 |
$14,014 |
$14,435 |
$14,868 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$19,930 |
$20,528 |
$21,144 |
$21,778 |
$22,432 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$24,179 |
$24,179 |
$24,179 |
$24,179 |
$24,179 |
| Principal |
$3,563 |
$3,802 |
$4,056 |
$4,328 |
$4,618 |
| Interest |
$20,616 |
$20,377 |
$20,123 |
$19,851 |
$19,561 |
| Loan Balance at End of Year |
$315,222 |
$311,420 |
$307,363 |
$303,035 |
$298,417 |
| 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 |
$2,710 |
$2,710 |
$2,710 |
$2,710 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$30,408 |
$44,579 |
$59,315 |
$74,644 |
$90,592 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$6,959 |
-$6,361 |
-$5,745 |
-$5,111 |
-$1,748 |
| Monhtly Cash Flow |
-$580 |
-$530 |
-$479 |
-$426 |
-$146 |
| Cash on Cash Return on Investment |
-0.148% |
-0.136% |
-0.123% |
-0.109% |
-0.037% |
| 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 |