Omaha Deal Analysis
Let's look at deal analysis for Omaha, NE 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 Omaha, Nebraska Nomad™ Property with 10% Higher Rents
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Typical Omaha, Nebraska Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$239,045
|
|
Purchase Price
|
|
$239,045
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$11,952
|
|
Closing Costs
|
1.000%
|
$2,390
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$83,198
|
|
Total Invested
|
|
$97,541
|
|
Mortgage
|
|
Mortgage Amount
|
|
$227,092.75
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|
Mortgage Interest Rate
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6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$160.86
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$1,805
$1805.27
|
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Other Income
|
|
$0
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|
Annual Expenses
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Vacancy Rate
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3.000%
|
$650
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Property Taxes
|
1.987%
|
$4,750
|
|
Property Insurance
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1.744%
|
$4,169
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$35,857
|
|
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 |
$246,216 |
$253,603 |
$261,211 |
$269,047 |
$277,119 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,171 |
$7,386 |
$7,608 |
$7,836 |
$8,071 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,805 |
$1,859 |
$1,915 |
$1,973 |
$2,032 |
| 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 |
$1,805 |
$1,859 |
$1,915 |
$1,973 |
$2,032 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$54 |
$56 |
$57 |
$59 |
$61 |
| Monthly Gross Operating Income |
$1,751 |
$1,804 |
$1,858 |
$1,913 |
$1,971 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$21,663 |
$22,313 |
$22,983 |
$23,672 |
$24,382 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$21,663 |
$22,313 |
$22,983 |
$23,672 |
$24,382 |
| Annual Vacancy Dollar |
$650 |
$669 |
$689 |
$710 |
$731 |
| Annual Gross Operating Income |
$21,013 |
$21,644 |
$22,293 |
$22,962 |
$23,651 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.987% |
1.987% |
1.987% |
1.987% |
1.987% |
| Property Taxes Dollar |
$4,750 |
$4,892 |
$5,039 |
$5,190 |
$5,346 |
| Insurance Percent |
1.744% |
1.744% |
1.744% |
1.744% |
1.744% |
| Insurance Dollar |
$4,169 |
$4,294 |
$4,423 |
$4,556 |
$4,692 |
| 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 |
$2,101 |
$2,164 |
$2,229 |
$2,296 |
$2,365 |
| 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 |
$11,020 |
$11,351 |
$11,691 |
$12,042 |
$12,403 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$9,993 |
$10,293 |
$10,602 |
$10,920 |
$11,247 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$17,225 |
$17,225 |
$17,225 |
$17,225 |
$17,225 |
| Principal |
$2,538 |
$2,708 |
$2,890 |
$3,083 |
$3,290 |
| Interest |
$14,686 |
$14,516 |
$14,335 |
$14,141 |
$13,935 |
| Loan Balance at End of Year |
$224,554 |
$221,846 |
$218,957 |
$215,873 |
$212,584 |
| 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 |
$1,930 |
$1,930 |
$1,930 |
$1,930 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$21,662 |
$31,757 |
$42,254 |
$53,174 |
$64,535 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,162 |
-$8,862 |
-$8,553 |
-$8,235 |
-$5,977 |
| Monhtly Cash Flow |
-$763 |
-$738 |
-$713 |
-$686 |
-$498 |
| Cash on Cash Return on Investment |
-0.094% |
-0.091% |
-0.088% |
-0.084% |
-0.061% |
| 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 |