Omaha Deal Analysis
Let's look at deal analysis for Omaha, NE and for 
32 10 20% Down Rental Properties (no Owner-Occupant).
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 20% Down Payment Omaha, Nebraska Rental Property
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Typical 20% Down Payment Omaha, Nebraska Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$239,045
|
|
Purchase Price
|
|
$239,045
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$47,809
|
|
Closing Costs
|
1.000%
|
$2,390
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$82,771
|
|
Total Invested
|
|
$132,970
|
|
Mortgage
|
|
Mortgage Amount
|
|
$191,236
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,641
$1641.15
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$591
|
|
Property Taxes
|
1.987%
|
$4,750
|
|
Property Insurance
|
1.744%
|
$4,169
|
|
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%
|
$35,857
|
|
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 |
$1,641 |
$1,690 |
$1,741 |
$1,793 |
$1,847 |
| 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 |
$1,641 |
$1,690 |
$1,741 |
$1,793 |
$1,847 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$49 |
$51 |
$52 |
$54 |
$55 |
| Monthly Gross Operating Income |
$1,592 |
$1,640 |
$1,689 |
$1,740 |
$1,792 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$19,694 |
$20,285 |
$20,893 |
$21,520 |
$22,166 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$19,694 |
$20,285 |
$20,893 |
$21,520 |
$22,166 |
| Annual Vacancy Dollar |
$591 |
$609 |
$627 |
$646 |
$665 |
| Annual Gross Operating Income |
$19,103 |
$19,676 |
$20,266 |
$20,874 |
$21,501 |
| 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 |
$1,910 |
$1,968 |
$2,027 |
$2,087 |
$2,150 |
| 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 |
$10,829 |
$11,154 |
$11,489 |
$11,833 |
$12,188 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$8,274 |
$8,522 |
$8,778 |
$9,041 |
$9,312 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,268 |
$15,268 |
$15,268 |
$15,268 |
$15,268 |
| Principal |
$1,943 |
$2,083 |
$2,234 |
$2,395 |
$2,568 |
| Interest |
$13,325 |
$13,185 |
$13,034 |
$12,872 |
$12,699 |
| Loan Balance at End of Year |
$189,293 |
$187,210 |
$184,977 |
$182,582 |
$180,013 |
| Loan-To-Value |
76.881% |
73.820% |
70.815% |
67.862% |
64.959% |
| Private Mortgage Insurance (PMI) Rate |
0.000% |
0.000% |
0.000% |
0.000% |
0.000% |
| Private Mortgage Insurance Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$56,923 |
$66,393 |
$76,234 |
$86,466 |
$97,105 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$6,994 |
-$6,745 |
-$6,490 |
-$6,226 |
-$5,955 |
| Monhtly Cash Flow |
-$583 |
-$562 |
-$541 |
-$519 |
-$496 |
| Cash on Cash Return on Investment |
-0.053% |
-0.051% |
-0.049% |
-0.047% |
-0.045% |
| 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 |