Fayetteville Deal Analysis

Let's look at deal analysis for Fayetteville, NC 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 Fayetteville, North Carolina Nomad™ Property with 10% Higher Rents

Typical Fayetteville, North Carolina Nomad™ Property with 10% Higher Rents
Purchase Inputs
	Percents	Dollars/#
ARV		$157,308
Purchase Price		$157,308
Seller Concessions	—	$0
Down Payment	5.000%	$7,865
Closing Costs	1.000%	$1,573
Rent Ready Costs		$0
Cumulative Negative Cash Flow		$0
Total Invested		$9,438
Mortgage
Mortgage Amount		$149,442.60
Mortgage Interest Rate	6.500%
Loan Term		360
Private Mortgage Insurance	0.850%	$105.86
Drop PMI LTV	80.000%
Income
Monthly Rent		$1,984 $1984.29
Other Income		$0
Annual Expenses
Vacancy Rate	3.000%	$714
Property Taxes	1.295%	$2,037
Property Insurance	0.484%	$761
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%	$23,596
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	$162,027	$166,888	$171,895	$177,052	$182,363
Appreciation Rate	3.000%	3.000%	3.000%	3.000%	3.000%
Appreciation Dollar	$4,719	$4,861	$5,007	$5,157	$5,312
Monthly Income	1	2	3	4	5
Rent Appreciation Rate		3.000%	3.000%	3.000%	3.000%
Monthly Rent	$1,984	$2,044	$2,105	$2,168	$2,233
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	$1,984	$2,044	$2,105	$2,168	$2,233
Vacancy Percent	3.000%	3.000%	3.000%	3.000%	3.000%
Monthly Vacancy Dollar	$60	$61	$63	$65	$67
Monthly Gross Operating Income	$1,925	$1,983	$2,042	$2,103	$2,166
Annual Income	1	2	3	4	5
Annual Rent	$23,811	$24,526	$25,262	$26,019	$26,800
Annual Other Income	$0	$0	$0	$0	$0
Annual Gross Potential Income	$23,811	$24,526	$25,262	$26,019	$26,800
Annual Vacancy Dollar	$714	$736	$758	$781	$804
Annual Gross Operating Income	$23,097	$23,790	$24,504	$25,239	$25,996
Annual Expenses	1	2	3	4	5
Property Taxes Percent	1.295%	1.295%	1.295%	1.295%	1.295%
Property Taxes Dollar	$2,037	$2,098	$2,161	$2,226	$2,293
Insurance Percent	0.484%	0.484%	0.484%	0.484%	0.484%
Insurance Dollar	$761	$784	$808	$832	$857
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	$2,310	$2,379	$2,450	$2,524	$2,600
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	$5,108	$5,261	$5,419	$5,582	$5,749
Net Operating Income	1	2	3	4	5
Net Operating Income (NOI)	$17,989	$18,529	$19,084	$19,657	$20,247
Mortgage	1	2	3	4	5
Total Annual P&I Payments	$11,335	$11,335	$11,335	$11,335	$11,335
Principal	$1,670	$1,782	$1,902	$2,029	$2,165
Interest	$9,665	$9,553	$9,433	$9,306	$9,170
Loan Balance at End of Year	$147,772	$145,990	$144,088	$142,059	$139,895
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	$1,270	$1,270	$1,270	$1,270	$0
Equity	1	2	3	4	5
ARV - Loan Balance at End of Year	$14,255	$20,898	$27,806	$34,992	$42,468
Cash Flow	1	2	3	4	5
Annual Cash Flow	$5,384	$5,923	$6,479	$7,052	$8,912
Monhtly Cash Flow	$449	$494	$540	$588	$743
Cash on Cash Return on Investment	0.570%	0.628%	0.686%	0.747%	0.944%
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