Tulsa Deal Analysis

Let's look at deal analysis for Tulsa, OK 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 Tulsa, Oklahoma Nomad™ Property with 10% Higher Rents

Typical Tulsa, Oklahoma Nomad™ Property with 10% Higher Rents
Purchase Inputs
	Percents	Dollars/#
ARV		$161,759
Purchase Price		$161,759
Seller Concessions	—	$0
Down Payment	5.000%	$8,088
Closing Costs	1.000%	$1,618
Rent Ready Costs		$0
Cumulative Negative Cash Flow		$568
Total Invested		$10,274
Mortgage
Mortgage Amount		$153,671.05
Mortgage Interest Rate	6.500%
Loan Term		360
Private Mortgage Insurance	0.850%	$108.85
Drop PMI LTV	80.000%
Income
Monthly Rent		$1,848 $1848.00
Other Income		$0
Annual Expenses
Vacancy Rate	3.000%	$665
Property Taxes	1.258%	$2,035
Property Insurance	3.010%	$4,869
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%	$24,264
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	$166,612	$171,610	$176,758	$182,061	$187,523
Appreciation Rate	3.000%	3.000%	3.000%	3.000%	3.000%
Appreciation Dollar	$4,853	$4,998	$5,148	$5,303	$5,462
Monthly Income	1	2	3	4	5
Rent Appreciation Rate		3.000%	3.000%	3.000%	3.000%
Monthly Rent	$1,848	$1,903	$1,961	$2,019	$2,080
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	$1,848	$1,903	$1,961	$2,019	$2,080
Vacancy Percent	3.000%	3.000%	3.000%	3.000%	3.000%
Monthly Vacancy Dollar	$55	$57	$59	$61	$62
Monthly Gross Operating Income	$1,793	$1,846	$1,902	$1,959	$2,018
Annual Income	1	2	3	4	5
Annual Rent	$22,176	$22,841	$23,527	$24,232	$24,959
Annual Other Income	$0	$0	$0	$0	$0
Annual Gross Potential Income	$22,176	$22,841	$23,527	$24,232	$24,959
Annual Vacancy Dollar	$665	$685	$706	$727	$749
Annual Gross Operating Income	$21,511	$22,156	$22,821	$23,505	$24,211
Annual Expenses	1	2	3	4	5
Property Taxes Percent	1.258%	1.258%	1.258%	1.258%	1.258%
Property Taxes Dollar	$2,035	$2,096	$2,159	$2,224	$2,290
Insurance Percent	3.010%	3.010%	3.010%	3.010%	3.010%
Insurance Dollar	$4,869	$5,015	$5,165	$5,320	$5,480
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	$2,151	$2,216	$2,282	$2,351	$2,421
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	$9,055	$9,327	$9,606	$9,895	$10,191
Net Operating Income	1	2	3	4	5
Net Operating Income (NOI)	$12,456	$12,829	$13,214	$13,611	$14,019
Mortgage	1	2	3	4	5
Total Annual P&I Payments	$11,656	$11,656	$11,656	$11,656	$11,656
Principal	$1,718	$1,833	$1,955	$2,086	$2,226
Interest	$9,938	$9,823	$9,700	$9,569	$9,430
Loan Balance at End of Year	$151,953	$150,121	$148,165	$146,079	$143,853
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	$1,306	$1,306	$1,306	$1,306	$0
Equity	1	2	3	4	5
ARV - Loan Balance at End of Year	$14,658	$21,489	$28,593	$35,982	$43,670
Cash Flow	1	2	3	4	5
Annual Cash Flow	-$506	-$132	$252	$649	$2,363
Monhtly Cash Flow	-$42	-$11	$21	$54	$197
Cash on Cash Return on Investment	-0.049%	-0.013%	0.025%	0.063%	0.230%
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