Spring Hill Deal Analysis
Let's look at deal analysis for Spring Hill, 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 Spring Hill, Florida Nomad™ Property with 10% Higher Rents
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Typical Spring Hill, 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
|
|
$265,289
|
|
Purchase Price
|
|
$265,289
|
|
Seller Concessions
|
—
|
$0
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|
Down Payment
|
5.000%
|
$13,264
|
|
Closing Costs
|
1.000%
|
$2,653
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|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
|
|
$410
|
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Total Invested
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$16,327
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Mortgage
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Mortgage Amount
|
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$252,024.55
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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%
|
$178.52
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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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$2,633
$2633.40
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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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$948
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Property Taxes
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0.885%
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$2,348
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Property Insurance
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1.674%
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$4,441
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HOA Dues
|
|
$0
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Utilities
|
|
$0
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|
Other Expenses 1
|
|
$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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|
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Depreciation Details
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Land Value
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15.000%
|
$39,793
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Property Type (C or R)
|
R
|
27.5
|
|
Effective Income Tax Rate
|
15.000%
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|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$273,248 |
$281,445 |
$289,888 |
$298,585 |
$307,543 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,959 |
$8,197 |
$8,443 |
$8,697 |
$8,958 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,633 |
$2,712 |
$2,794 |
$2,878 |
$2,964 |
| 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 |
$2,633 |
$2,712 |
$2,794 |
$2,878 |
$2,964 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$79 |
$81 |
$84 |
$86 |
$89 |
| Monthly Gross Operating Income |
$2,554 |
$2,631 |
$2,710 |
$2,791 |
$2,875 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$31,601 |
$32,549 |
$33,525 |
$34,531 |
$35,567 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$31,601 |
$32,549 |
$33,525 |
$34,531 |
$35,567 |
| Annual Vacancy Dollar |
$948 |
$976 |
$1,006 |
$1,036 |
$1,067 |
| Annual Gross Operating Income |
$30,653 |
$31,572 |
$32,520 |
$33,495 |
$34,500 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.885% |
0.885% |
0.885% |
0.885% |
0.885% |
| Property Taxes Dollar |
$2,348 |
$2,418 |
$2,491 |
$2,566 |
$2,642 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$4,441 |
$4,574 |
$4,711 |
$4,853 |
$4,998 |
| 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 |
$3,065 |
$3,157 |
$3,252 |
$3,350 |
$3,450 |
| 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 |
$9,854 |
$10,150 |
$10,454 |
$10,768 |
$11,091 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$20,799 |
$21,423 |
$22,065 |
$22,727 |
$23,409 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$19,116 |
$19,116 |
$19,116 |
$19,116 |
$19,116 |
| Principal |
$2,817 |
$3,006 |
$3,207 |
$3,422 |
$3,651 |
| Interest |
$16,299 |
$16,110 |
$15,909 |
$15,694 |
$15,465 |
| Loan Balance at End of Year |
$249,208 |
$246,202 |
$242,995 |
$239,573 |
$235,922 |
| 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 |
$2,142 |
$2,142 |
$2,142 |
$2,142 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$24,040 |
$35,243 |
$46,893 |
$59,012 |
$71,620 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$459 |
$165 |
$808 |
$1,470 |
$4,294 |
| Monhtly Cash Flow |
-$38 |
$14 |
$67 |
$122 |
$358 |
| Cash on Cash Return on Investment |
-0.028% |
0.010% |
0.049% |
0.090% |
0.263% |
| 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 |