Columbia Deal Analysis
Let's look at deal analysis for Columbia, MO 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 Columbia, Missouri Nomad™ Property with 10% Higher Rents
|
Typical Columbia, Missouri Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$237,326
|
|
Purchase Price
|
|
$237,326
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$11,866
|
|
Closing Costs
|
1.000%
|
$2,373
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$76,501
|
|
Total Invested
|
|
$90,741
|
|
Mortgage
|
|
Mortgage Amount
|
|
$225,459.70
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$159.70
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,559
$1559.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$561
|
|
Property Taxes
|
1.046%
|
$2,482
|
|
Property Insurance
|
1.550%
|
$3,679
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
|
|
Land Value
|
15.000%
|
$35,599
|
|
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 |
$244,446 |
$251,779 |
$259,333 |
$267,113 |
$275,126 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,120 |
$7,333 |
$7,553 |
$7,780 |
$8,013 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,559 |
$1,606 |
$1,654 |
$1,704 |
$1,755 |
| 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 |
$1,559 |
$1,606 |
$1,654 |
$1,704 |
$1,755 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$47 |
$48 |
$50 |
$51 |
$53 |
| Monthly Gross Operating Income |
$1,512 |
$1,558 |
$1,605 |
$1,653 |
$1,702 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$18,711 |
$19,272 |
$19,850 |
$20,446 |
$21,059 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$18,711 |
$19,272 |
$19,850 |
$20,446 |
$21,059 |
| Annual Vacancy Dollar |
$561 |
$578 |
$596 |
$613 |
$632 |
| Annual Gross Operating Income |
$18,150 |
$18,694 |
$19,255 |
$19,833 |
$20,428 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.046% |
1.046% |
1.046% |
1.046% |
1.046% |
| Property Taxes Dollar |
$2,482 |
$2,557 |
$2,634 |
$2,713 |
$2,794 |
| Insurance Percent |
1.550% |
1.550% |
1.550% |
1.550% |
1.550% |
| Insurance Dollar |
$3,679 |
$3,789 |
$3,903 |
$4,020 |
$4,140 |
| 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 |
$1,815 |
$1,869 |
$1,925 |
$1,983 |
$2,043 |
| 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 |
$7,976 |
$8,215 |
$8,462 |
$8,716 |
$8,977 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$10,174 |
$10,479 |
$10,793 |
$11,117 |
$11,451 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$17,101 |
$17,101 |
$17,101 |
$17,101 |
$17,101 |
| Principal |
$2,520 |
$2,689 |
$2,869 |
$3,061 |
$3,266 |
| Interest |
$14,581 |
$14,412 |
$14,232 |
$14,040 |
$13,835 |
| Loan Balance at End of Year |
$222,940 |
$220,251 |
$217,382 |
$214,321 |
$211,055 |
| 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 |
$1,916 |
$1,916 |
$1,916 |
$1,916 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$21,506 |
$31,528 |
$41,951 |
$52,792 |
$64,071 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$8,843 |
-$8,538 |
-$8,224 |
-$7,900 |
-$5,650 |
| Monhtly Cash Flow |
-$737 |
-$712 |
-$685 |
-$658 |
-$471 |
| Cash on Cash Return on Investment |
-0.097% |
-0.094% |
-0.091% |
-0.087% |
-0.062% |
| 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 |