Gresham Deal Analysis
Let's look at deal analysis for Gresham, OR 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 Gresham, Oregon Nomad™ Property with 10% Higher Rents
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Typical Gresham, Oregon 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
|
|
$429,715
|
|
Purchase Price
|
|
$429,715
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$21,486
|
|
Closing Costs
|
1.000%
|
$4,297
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$183,050
|
|
Total Invested
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|
$208,833
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Mortgage
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|
Mortgage Amount
|
|
$408,229.25
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|
Mortgage Interest Rate
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6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$289.16
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$2,191
$2191.04
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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%
|
$789
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Property Taxes
|
1.167%
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$5,015
|
|
Property Insurance
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0.283%
|
$1,216
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
|
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%
|
$64,457
|
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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 |
$442,606 |
$455,885 |
$469,561 |
$483,648 |
$498,157 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,891 |
$13,278 |
$13,677 |
$14,087 |
$14,509 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,191 |
$2,257 |
$2,324 |
$2,394 |
$2,466 |
| 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 |
$2,191 |
$2,257 |
$2,324 |
$2,394 |
$2,466 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$66 |
$68 |
$70 |
$72 |
$74 |
| Monthly Gross Operating Income |
$2,125 |
$2,189 |
$2,255 |
$2,322 |
$2,392 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$26,292 |
$27,081 |
$27,894 |
$28,731 |
$29,592 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$26,292 |
$27,081 |
$27,894 |
$28,731 |
$29,592 |
| Annual Vacancy Dollar |
$789 |
$812 |
$837 |
$862 |
$888 |
| Annual Gross Operating Income |
$25,504 |
$26,269 |
$27,057 |
$27,869 |
$28,705 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.167% |
1.167% |
1.167% |
1.167% |
1.167% |
| Property Taxes Dollar |
$5,015 |
$5,165 |
$5,320 |
$5,480 |
$5,644 |
| Insurance Percent |
0.283% |
0.283% |
0.283% |
0.283% |
0.283% |
| Insurance Dollar |
$1,216 |
$1,253 |
$1,290 |
$1,329 |
$1,369 |
| 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 |
$2,550 |
$2,627 |
$2,706 |
$2,787 |
$2,870 |
| 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 |
$8,781 |
$9,045 |
$9,316 |
$9,595 |
$9,883 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,722 |
$17,224 |
$17,741 |
$18,273 |
$18,821 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$30,963 |
$30,963 |
$30,963 |
$30,963 |
$30,963 |
| Principal |
$4,563 |
$4,869 |
$5,195 |
$5,542 |
$5,914 |
| Interest |
$26,401 |
$26,095 |
$25,769 |
$25,421 |
$25,050 |
| Loan Balance at End of Year |
$403,666 |
$398,798 |
$393,603 |
$388,061 |
$382,147 |
| 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 |
$3,470 |
$3,470 |
$3,470 |
$3,470 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$38,940 |
$57,087 |
$75,958 |
$95,587 |
$116,010 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$17,711 |
-$17,209 |
-$16,693 |
-$16,160 |
-$12,142 |
| Monhtly Cash Flow |
-$1,476 |
-$1,434 |
-$1,391 |
-$1,347 |
-$1,012 |
| Cash on Cash Return on Investment |
-0.085% |
-0.082% |
-0.080% |
-0.077% |
-0.058% |
| 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 |