Winston-Salem Deal Analysis
Let's look at deal analysis for Winston-Salem, 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 Winston-Salem, North Carolina Nomad™ Property with 10% Higher Rents
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Typical Winston-Salem, North Carolina Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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Percents
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Dollars/#
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|
ARV
|
|
$201,788
|
|
Purchase Price
|
|
$201,788
|
|
Seller Concessions
|
—
|
$0
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|
Down Payment
|
5.000%
|
$10,089
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|
Closing Costs
|
1.000%
|
$2,018
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|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
|
|
$0
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Total Invested
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$12,107
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Mortgage
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Mortgage Amount
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$191,698.60
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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%
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$135.79
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Drop PMI LTV
|
80.000%
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Income
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Monthly Rent
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$1,964
$1963.50
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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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$707
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Property Taxes
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1.138%
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$2,296
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Property Insurance
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0.484%
|
$977
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HOA Dues
|
|
$0
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Utilities
|
|
$0
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|
Other Expenses 1
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|
$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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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%
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$30,268
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Property Type (C or R)
|
R
|
27.5
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|
Effective Income Tax Rate
|
15.000%
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|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$207,842 |
$214,077 |
$220,499 |
$227,114 |
$233,928 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$6,054 |
$6,235 |
$6,422 |
$6,615 |
$6,813 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,964 |
$2,022 |
$2,083 |
$2,146 |
$2,210 |
| 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 |
$1,964 |
$2,022 |
$2,083 |
$2,146 |
$2,210 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$59 |
$61 |
$62 |
$64 |
$66 |
| Monthly Gross Operating Income |
$1,905 |
$1,962 |
$2,021 |
$2,081 |
$2,144 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$23,562 |
$24,269 |
$24,997 |
$25,747 |
$26,519 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$23,562 |
$24,269 |
$24,997 |
$25,747 |
$26,519 |
| Annual Vacancy Dollar |
$707 |
$728 |
$750 |
$772 |
$796 |
| Annual Gross Operating Income |
$22,855 |
$23,541 |
$24,247 |
$24,974 |
$25,724 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.138% |
1.138% |
1.138% |
1.138% |
1.138% |
| Property Taxes Dollar |
$2,296 |
$2,365 |
$2,436 |
$2,509 |
$2,585 |
| Insurance Percent |
0.484% |
0.484% |
0.484% |
0.484% |
0.484% |
| Insurance Dollar |
$977 |
$1,006 |
$1,036 |
$1,067 |
$1,099 |
| 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 |
$2,286 |
$2,354 |
$2,425 |
$2,497 |
$2,572 |
| 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 |
$5,559 |
$5,725 |
$5,897 |
$6,074 |
$6,256 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$17,297 |
$17,816 |
$18,350 |
$18,900 |
$19,468 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$14,540 |
$14,540 |
$14,540 |
$14,540 |
$14,540 |
| Principal |
$2,143 |
$2,286 |
$2,439 |
$2,603 |
$2,777 |
| Interest |
$12,397 |
$12,254 |
$12,101 |
$11,937 |
$11,763 |
| Loan Balance at End of Year |
$189,556 |
$187,270 |
$184,830 |
$182,228 |
$179,451 |
| 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 |
$1,629 |
$1,629 |
$1,629 |
$1,629 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$18,286 |
$26,807 |
$35,669 |
$44,887 |
$54,477 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$1,127 |
$1,646 |
$2,181 |
$2,731 |
$4,927 |
| Monhtly Cash Flow |
$94 |
$137 |
$182 |
$228 |
$411 |
| Cash on Cash Return on Investment |
0.093% |
0.136% |
0.180% |
0.226% |
0.407% |
| 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 |