New York Deal Analysis
Let's look at deal analysis for New York, NY 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 New York, New York Nomad™ Property with 10% Higher Rents
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Typical New York, New York Nomad™ Property with 10% Higher Rents
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|
Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$672,656
|
|
Purchase Price
|
|
$672,656
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$33,633
|
|
Closing Costs
|
1.000%
|
$6,727
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$40,359
|
|
Mortgage
|
|
Mortgage Amount
|
|
$639,023.20
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$452.64
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$9,526
$9526.44
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$3,430
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Property Taxes
|
0.779%
|
$5,240
|
|
Property Insurance
|
0.344%
|
$2,314
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$100,898
|
|
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 |
$692,836 |
$713,621 |
$735,029 |
$757,080 |
$779,793 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$20,180 |
$20,785 |
$21,409 |
$22,051 |
$22,712 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$9,526 |
$9,812 |
$10,107 |
$10,410 |
$10,722 |
| 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 |
$9,526 |
$9,812 |
$10,107 |
$10,410 |
$10,722 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$286 |
$294 |
$303 |
$312 |
$322 |
| Monthly Gross Operating Income |
$9,241 |
$9,518 |
$9,803 |
$10,098 |
$10,400 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$114,317 |
$117,747 |
$121,279 |
$124,918 |
$128,665 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$114,317 |
$117,747 |
$121,279 |
$124,918 |
$128,665 |
| Annual Vacancy Dollar |
$3,430 |
$3,532 |
$3,638 |
$3,748 |
$3,860 |
| Annual Gross Operating Income |
$110,888 |
$114,214 |
$117,641 |
$121,170 |
$124,805 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.779% |
0.779% |
0.779% |
0.779% |
0.779% |
| Property Taxes Dollar |
$5,240 |
$5,397 |
$5,559 |
$5,726 |
$5,898 |
| Insurance Percent |
0.344% |
0.344% |
0.344% |
0.344% |
0.344% |
| Insurance Dollar |
$2,314 |
$2,383 |
$2,455 |
$2,529 |
$2,604 |
| 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 |
$11,089 |
$11,421 |
$11,764 |
$12,117 |
$12,481 |
| 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 |
$18,643 |
$19,202 |
$19,778 |
$20,371 |
$20,983 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$92,245 |
$95,012 |
$97,863 |
$100,799 |
$103,823 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$48,469 |
$48,469 |
$48,469 |
$48,469 |
$48,469 |
| Principal |
$7,143 |
$7,621 |
$8,131 |
$8,676 |
$9,257 |
| Interest |
$41,326 |
$40,848 |
$40,337 |
$39,793 |
$39,212 |
| Loan Balance at End of Year |
$631,881 |
$624,260 |
$616,129 |
$607,453 |
$598,196 |
| 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 |
$5,432 |
$5,432 |
$5,432 |
$5,432 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$60,955 |
$89,361 |
$118,901 |
$149,627 |
$181,597 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$38,345 |
$41,112 |
$43,962 |
$46,898 |
$55,354 |
| Monhtly Cash Flow |
$3,195 |
$3,426 |
$3,664 |
$3,908 |
$4,613 |
| Cash on Cash Return on Investment |
0.950% |
1.019% |
1.089% |
1.162% |
1.372% |
| 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 |