Yonkers Deal Analysis
Let's look at deal analysis for Yonkers, 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 Yonkers, New York Nomad™ Property with 10% Higher Rents
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Typical Yonkers, New York Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
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Percents
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Dollars/#
|
|
ARV
|
|
$587,570
|
|
Purchase Price
|
|
$587,570
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$29,379
|
|
Closing Costs
|
1.000%
|
$5,876
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$598,103
|
|
Total Invested
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|
$633,358
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Mortgage
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|
Mortgage Amount
|
|
$558,191.50
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|
Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$395.39
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
|
|
$2,772
$2772.00
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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%
|
$998
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Property Taxes
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2.132%
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$12,527
|
|
Property Insurance
|
0.344%
|
$2,021
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
|
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Maintenance
|
10.000%
|
|
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CapEx
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|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$88,136
|
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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 |
$605,197 |
$623,353 |
$642,054 |
$661,315 |
$681,155 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$17,627 |
$18,156 |
$18,701 |
$19,262 |
$19,839 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,772 |
$2,855 |
$2,941 |
$3,029 |
$3,120 |
| 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 |
$2,772 |
$2,855 |
$2,941 |
$3,029 |
$3,120 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$83 |
$86 |
$88 |
$91 |
$94 |
| Monthly Gross Operating Income |
$2,689 |
$2,770 |
$2,853 |
$2,938 |
$3,026 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$33,264 |
$34,262 |
$35,290 |
$36,348 |
$37,439 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$33,264 |
$34,262 |
$35,290 |
$36,348 |
$37,439 |
| Annual Vacancy Dollar |
$998 |
$1,028 |
$1,059 |
$1,090 |
$1,123 |
| Annual Gross Operating Income |
$32,266 |
$33,234 |
$34,231 |
$35,258 |
$36,316 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.132% |
2.132% |
2.132% |
2.132% |
2.132% |
| Property Taxes Dollar |
$12,527 |
$12,903 |
$13,290 |
$13,689 |
$14,099 |
| Insurance Percent |
0.344% |
0.344% |
0.344% |
0.344% |
0.344% |
| Insurance Dollar |
$2,021 |
$2,082 |
$2,144 |
$2,209 |
$2,275 |
| 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 |
$3,227 |
$3,323 |
$3,423 |
$3,526 |
$3,632 |
| 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 |
$17,775 |
$18,308 |
$18,857 |
$19,423 |
$20,006 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,491 |
$14,926 |
$15,374 |
$15,835 |
$16,310 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$42,338 |
$42,338 |
$42,338 |
$42,338 |
$42,338 |
| Principal |
$6,239 |
$6,657 |
$7,103 |
$7,578 |
$8,086 |
| Interest |
$36,099 |
$35,681 |
$35,235 |
$34,759 |
$34,252 |
| Loan Balance at End of Year |
$551,952 |
$545,296 |
$538,193 |
$530,614 |
$522,529 |
| 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 |
$4,745 |
$4,745 |
$4,745 |
$4,745 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$53,245 |
$78,057 |
$103,861 |
$130,701 |
$158,626 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$32,591 |
-$32,156 |
-$31,709 |
-$31,247 |
-$26,028 |
| Monhtly Cash Flow |
-$2,716 |
-$2,680 |
-$2,642 |
-$2,604 |
-$2,169 |
| Cash on Cash Return on Investment |
-0.051% |
-0.051% |
-0.050% |
-0.049% |
-0.041% |
| 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 |