Dallas Deal Analysis
Let's look at deal analysis for Dallas, TX 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 Dallas, Texas Nomad™ Property with 10% Higher Rents
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Typical Dallas, Texas Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$293,782
|
|
Purchase Price
|
|
$293,782
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$14,689
|
|
Closing Costs
|
1.000%
|
$2,938
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
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$17,627
|
|
Mortgage
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|
Mortgage Amount
|
|
$279,092.90
|
|
Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$197.69
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$4,733
$4733.19
|
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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%
|
$1,704
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Property Taxes
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2.264%
|
$6,651
|
|
Property Insurance
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1.419%
|
$4,169
|
|
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%
|
$44,067
|
|
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 |
$302,595 |
$311,673 |
$321,024 |
$330,654 |
$340,574 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,813 |
$9,078 |
$9,350 |
$9,631 |
$9,920 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,733 |
$4,875 |
$5,021 |
$5,172 |
$5,327 |
| 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 |
$4,733 |
$4,875 |
$5,021 |
$5,172 |
$5,327 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$142 |
$146 |
$151 |
$155 |
$160 |
| Monthly Gross Operating Income |
$4,591 |
$4,729 |
$4,871 |
$5,017 |
$5,167 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$56,798 |
$58,502 |
$60,257 |
$62,065 |
$63,927 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$56,798 |
$58,502 |
$60,257 |
$62,065 |
$63,927 |
| Annual Vacancy Dollar |
$1,704 |
$1,755 |
$1,808 |
$1,862 |
$1,918 |
| Annual Gross Operating Income |
$55,094 |
$56,747 |
$58,450 |
$60,203 |
$62,009 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.264% |
2.264% |
2.264% |
2.264% |
2.264% |
| Property Taxes Dollar |
$6,651 |
$6,851 |
$7,056 |
$7,268 |
$7,486 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$4,169 |
$4,294 |
$4,423 |
$4,555 |
$4,692 |
| 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 |
$5,509 |
$5,675 |
$5,845 |
$6,020 |
$6,201 |
| 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 |
$16,329 |
$16,819 |
$17,324 |
$17,844 |
$18,379 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$38,765 |
$39,928 |
$41,126 |
$42,359 |
$43,630 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$21,169 |
$21,169 |
$21,169 |
$21,169 |
$21,169 |
| Principal |
$3,120 |
$3,328 |
$3,551 |
$3,789 |
$4,043 |
| Interest |
$18,049 |
$17,840 |
$17,617 |
$17,380 |
$17,126 |
| Loan Balance at End of Year |
$275,973 |
$272,645 |
$269,094 |
$265,304 |
$261,261 |
| 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 |
$2,372 |
$2,372 |
$2,372 |
$2,372 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$26,622 |
$39,028 |
$51,930 |
$65,350 |
$79,312 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$15,224 |
$16,387 |
$17,585 |
$18,818 |
$22,462 |
| Monhtly Cash Flow |
$1,269 |
$1,366 |
$1,465 |
$1,568 |
$1,872 |
| Cash on Cash Return on Investment |
0.864% |
0.930% |
0.998% |
1.068% |
1.274% |
| 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 |