Fall River Deal Analysis
Let's look at deal analysis for Fall River, MA 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 Fall River, Massachusetts Nomad™ Property with 10% Higher Rents
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Typical Fall River, Massachusetts 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
|
|
$349,170
|
|
Purchase Price
|
|
$349,170
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$17,459
|
|
Closing Costs
|
1.000%
|
$3,492
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$148,169
|
|
Total Invested
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$169,119
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Mortgage
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|
Mortgage Amount
|
|
$331,711.50
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$234.96
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$1,790
$1790.25
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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%
|
$644
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Property Taxes
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1.160%
|
$4,050
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Property Insurance
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0.314%
|
$1,096
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
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%
|
$52,376
|
|
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 |
$359,645 |
$370,434 |
$381,547 |
$392,994 |
$404,784 |
| 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 |
$1,790 |
$1,844 |
$1,899 |
$1,956 |
$2,015 |
| 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 |
$1,790 |
$1,844 |
$1,899 |
$1,956 |
$2,015 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$54 |
$55 |
$57 |
$59 |
$60 |
| Monthly Gross Operating Income |
$1,737 |
$1,789 |
$1,842 |
$1,898 |
$1,954 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$21,483 |
$22,127 |
$22,791 |
$23,475 |
$24,179 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$21,483 |
$22,127 |
$22,791 |
$23,475 |
$24,179 |
| Annual Vacancy Dollar |
$644 |
$664 |
$684 |
$704 |
$725 |
| Annual Gross Operating Income |
$20,839 |
$21,464 |
$22,108 |
$22,771 |
$23,454 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.160% |
1.160% |
1.160% |
1.160% |
1.160% |
| Property Taxes Dollar |
$4,050 |
$4,172 |
$4,297 |
$4,426 |
$4,559 |
| Insurance Percent |
0.314% |
0.314% |
0.314% |
0.314% |
0.314% |
| Insurance Dollar |
$1,096 |
$1,129 |
$1,163 |
$1,198 |
$1,234 |
| 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 |
$2,084 |
$2,146 |
$2,211 |
$2,277 |
$2,345 |
| 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 |
$7,231 |
$7,448 |
$7,671 |
$7,901 |
$8,138 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,608 |
$14,016 |
$14,437 |
$14,870 |
$15,316 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$25,160 |
$25,160 |
$25,160 |
$25,160 |
$25,160 |
| Principal |
$3,708 |
$3,956 |
$4,221 |
$4,504 |
$4,805 |
| Interest |
$21,452 |
$21,204 |
$20,939 |
$20,656 |
$20,355 |
| Loan Balance at End of Year |
$328,004 |
$324,048 |
$319,827 |
$315,324 |
$310,519 |
| 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 |
$77,670 |
$94,265 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$14,371 |
-$13,963 |
-$13,543 |
-$13,110 |
-$9,844 |
| Monhtly Cash Flow |
-$1,198 |
-$1,164 |
-$1,129 |
-$1,092 |
-$820 |
| Cash on Cash Return on Investment |
-0.085% |
-0.083% |
-0.080% |
-0.078% |
-0.058% |
| 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 |