Albuquerque Deal Analysis
Let's look at deal analysis for Albuquerque, NM 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 Albuquerque, New Mexico Nomad™ Property with 10% Higher Rents
|
Typical Albuquerque, New Mexico Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$269,552
|
|
Purchase Price
|
|
$269,552
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$13,478
|
|
Closing Costs
|
1.000%
|
$2,696
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$18,121
|
|
Total Invested
|
|
$34,294
|
|
Mortgage
|
|
Mortgage Amount
|
|
$256,074.40
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$181.39
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,050
$2050.13
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$738
|
|
Property Taxes
|
1.102%
|
$2,970
|
|
Property Insurance
|
0.748%
|
$2,016
|
|
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%
|
$40,433
|
|
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 |
$277,639 |
$285,968 |
$294,547 |
$303,383 |
$312,485 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,087 |
$8,329 |
$8,579 |
$8,836 |
$9,101 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,050 |
$2,112 |
$2,175 |
$2,240 |
$2,307 |
| 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 |
$2,050 |
$2,112 |
$2,175 |
$2,240 |
$2,307 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$62 |
$63 |
$65 |
$67 |
$69 |
| Monthly Gross Operating Income |
$1,989 |
$2,048 |
$2,110 |
$2,173 |
$2,238 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,602 |
$25,340 |
$26,100 |
$26,883 |
$27,689 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,602 |
$25,340 |
$26,100 |
$26,883 |
$27,689 |
| Annual Vacancy Dollar |
$738 |
$760 |
$783 |
$806 |
$831 |
| Annual Gross Operating Income |
$23,864 |
$24,579 |
$25,317 |
$26,076 |
$26,859 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.102% |
1.102% |
1.102% |
1.102% |
1.102% |
| Property Taxes Dollar |
$2,970 |
$3,060 |
$3,151 |
$3,246 |
$3,343 |
| Insurance Percent |
0.748% |
0.748% |
0.748% |
0.748% |
0.748% |
| Insurance Dollar |
$2,016 |
$2,077 |
$2,139 |
$2,203 |
$2,269 |
| 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 |
$2,386 |
$2,458 |
$2,532 |
$2,608 |
$2,686 |
| 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 |
$7,373 |
$7,594 |
$7,822 |
$8,057 |
$8,298 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,490 |
$16,985 |
$17,495 |
$18,020 |
$18,560 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$19,423 |
$19,423 |
$19,423 |
$19,423 |
$19,423 |
| Principal |
$2,862 |
$3,054 |
$3,258 |
$3,477 |
$3,709 |
| Interest |
$16,561 |
$16,369 |
$16,164 |
$15,946 |
$15,713 |
| Loan Balance at End of Year |
$253,212 |
$250,158 |
$246,900 |
$243,423 |
$239,714 |
| 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 |
$2,177 |
$2,177 |
$2,177 |
$2,177 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$24,426 |
$35,809 |
$47,647 |
$59,960 |
$72,771 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,109 |
-$4,614 |
-$4,105 |
-$3,580 |
-$863 |
| Monhtly Cash Flow |
-$426 |
-$385 |
-$342 |
-$298 |
-$72 |
| Cash on Cash Return on Investment |
-0.149% |
-0.135% |
-0.120% |
-0.104% |
-0.025% |
| 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 |