Quincy Deal Analysis
Let's look at deal analysis for Quincy, 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 Quincy, Massachusetts Nomad™ Property with 10% Higher Rents
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Typical Quincy, 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
|
|
$607,998
|
|
Purchase Price
|
|
$607,998
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$30,400
|
|
Closing Costs
|
1.000%
|
$6,080
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$119,067
|
|
Total Invested
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$155,547
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Mortgage
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|
Mortgage Amount
|
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$577,598.10
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|
Mortgage Interest Rate
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6.500%
|
|
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Loan Term
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|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$409.13
|
|
Drop PMI LTV
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80.000%
|
|
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Income
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|
Monthly Rent
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|
$3,783
$3782.63
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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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$1,362
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Property Taxes
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1.270%
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$7,722
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|
Property Insurance
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0.314%
|
$1,909
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
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|
$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%
|
$91,200
|
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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 |
$626,238 |
$645,025 |
$664,376 |
$684,307 |
$704,836 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,240 |
$18,787 |
$19,351 |
$19,931 |
$20,529 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,783 |
$3,896 |
$4,013 |
$4,133 |
$4,257 |
| 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 |
$3,783 |
$3,896 |
$4,013 |
$4,133 |
$4,257 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$113 |
$117 |
$120 |
$124 |
$128 |
| Monthly Gross Operating Income |
$3,669 |
$3,779 |
$3,893 |
$4,009 |
$4,130 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$45,392 |
$46,753 |
$48,156 |
$49,601 |
$51,089 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$45,392 |
$46,753 |
$48,156 |
$49,601 |
$51,089 |
| Annual Vacancy Dollar |
$1,362 |
$1,403 |
$1,445 |
$1,488 |
$1,533 |
| Annual Gross Operating Income |
$44,030 |
$45,351 |
$46,711 |
$48,113 |
$49,556 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.270% |
1.270% |
1.270% |
1.270% |
1.270% |
| Property Taxes Dollar |
$7,722 |
$7,953 |
$8,192 |
$8,438 |
$8,691 |
| Insurance Percent |
0.314% |
0.314% |
0.314% |
0.314% |
0.314% |
| Insurance Dollar |
$1,909 |
$1,966 |
$2,025 |
$2,086 |
$2,149 |
| 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 |
$4,403 |
$4,535 |
$4,671 |
$4,811 |
$4,956 |
| 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 |
$14,034 |
$14,455 |
$14,888 |
$15,335 |
$15,795 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$29,996 |
$30,896 |
$31,823 |
$32,778 |
$33,761 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$43,810 |
$43,810 |
$43,810 |
$43,810 |
$43,810 |
| Principal |
$6,456 |
$6,888 |
$7,350 |
$7,842 |
$8,367 |
| Interest |
$37,354 |
$36,921 |
$36,460 |
$35,968 |
$35,443 |
| Loan Balance at End of Year |
$571,142 |
$564,254 |
$556,904 |
$549,062 |
$540,695 |
| 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 |
$4,910 |
$4,910 |
$4,910 |
$4,910 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$55,096 |
$80,771 |
$107,472 |
$135,245 |
$164,141 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$18,723 |
-$17,823 |
-$16,896 |
-$15,942 |
-$10,049 |
| Monhtly Cash Flow |
-$1,560 |
-$1,485 |
-$1,408 |
-$1,328 |
-$837 |
| Cash on Cash Return on Investment |
-0.120% |
-0.115% |
-0.109% |
-0.102% |
-0.065% |
| 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 |