Dayton Deal Analysis
Let's look at deal analysis for Dayton, OH 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 Dayton, Ohio Nomad™ Property with 10% Higher Rents
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Typical Dayton, Ohio 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/#
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|
ARV
|
|
$94,870
|
|
Purchase Price
|
|
$94,870
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$4,744
|
|
Closing Costs
|
1.000%
|
$949
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
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$5,692
|
|
Mortgage
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|
Mortgage Amount
|
|
$90,126.50
|
|
Mortgage Interest Rate
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6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$63.84
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$1,328
$1328.25
|
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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%
|
$478
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Property Taxes
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2.450%
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$2,324
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Property Insurance
|
0.693%
|
$657
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$14,231
|
|
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 |
$97,716 |
$100,648 |
$103,667 |
$106,777 |
$109,980 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$2,846 |
$2,931 |
$3,019 |
$3,110 |
$3,203 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,328 |
$1,368 |
$1,409 |
$1,451 |
$1,495 |
| 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 |
$1,328 |
$1,368 |
$1,409 |
$1,451 |
$1,495 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$40 |
$41 |
$42 |
$44 |
$45 |
| Monthly Gross Operating Income |
$1,288 |
$1,327 |
$1,367 |
$1,408 |
$1,450 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$15,939 |
$16,417 |
$16,910 |
$17,417 |
$17,939 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$15,939 |
$16,417 |
$16,910 |
$17,417 |
$17,939 |
| Annual Vacancy Dollar |
$478 |
$493 |
$507 |
$523 |
$538 |
| Annual Gross Operating Income |
$15,461 |
$15,925 |
$16,402 |
$16,894 |
$17,401 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.450% |
2.450% |
2.450% |
2.450% |
2.450% |
| Property Taxes Dollar |
$2,324 |
$2,394 |
$2,466 |
$2,540 |
$2,616 |
| Insurance Percent |
0.693% |
0.693% |
0.693% |
0.693% |
0.693% |
| Insurance Dollar |
$657 |
$677 |
$697 |
$718 |
$740 |
| 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 |
$1,546 |
$1,592 |
$1,640 |
$1,689 |
$1,740 |
| 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 |
$4,528 |
$4,664 |
$4,804 |
$4,948 |
$5,096 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$10,933 |
$11,261 |
$11,599 |
$11,947 |
$12,305 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$6,836 |
$6,836 |
$6,836 |
$6,836 |
$6,836 |
| Principal |
$1,007 |
$1,075 |
$1,147 |
$1,224 |
$1,306 |
| Interest |
$5,829 |
$5,761 |
$5,689 |
$5,612 |
$5,530 |
| Loan Balance at End of Year |
$89,119 |
$88,044 |
$86,898 |
$85,674 |
$84,368 |
| 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 |
$766 |
$766 |
$766 |
$766 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$8,597 |
$12,603 |
$16,769 |
$21,103 |
$25,612 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,331 |
$3,659 |
$3,997 |
$4,345 |
$5,469 |
| Monhtly Cash Flow |
$278 |
$305 |
$333 |
$362 |
$456 |
| Cash on Cash Return on Investment |
0.585% |
0.643% |
0.702% |
0.763% |
0.961% |
| 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 |