Frisco Deal Analysis
Let's look at deal analysis for Frisco, 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 Frisco, Texas Nomad™ Property with 10% Higher Rents
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Typical Frisco, Texas 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
|
|
$595,736
|
|
Purchase Price
|
|
$595,736
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$29,787
|
|
Closing Costs
|
1.000%
|
$5,957
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|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$636,460
|
|
Total Invested
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|
$672,204
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Mortgage
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|
Mortgage Amount
|
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$565,949.20
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
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|
360
|
|
Private Mortgage Insurance
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0.850%
|
$400.88
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Drop PMI LTV
|
80.000%
|
|
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Income
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Monthly Rent
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|
$3,234
$3234.00
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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%
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$1,164
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Property Taxes
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1.907%
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$11,361
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|
Property Insurance
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1.419%
|
$8,453
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
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|
$0
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|
Other Expenses 2
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|
$0
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Maintenance
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10.000%
|
|
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CapEx
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|
$0
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Management
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0.000%
|
|
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Depreciation Details
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Land Value
|
15.000%
|
$89,360
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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 |
$613,608 |
$632,016 |
$650,977 |
$670,506 |
$690,621 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$17,872 |
$18,408 |
$18,960 |
$19,529 |
$20,115 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,234 |
$3,331 |
$3,431 |
$3,534 |
$3,640 |
| 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 |
$3,234 |
$3,331 |
$3,431 |
$3,534 |
$3,640 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$97 |
$100 |
$103 |
$106 |
$109 |
| Monthly Gross Operating Income |
$3,137 |
$3,231 |
$3,328 |
$3,428 |
$3,531 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$38,808 |
$39,972 |
$41,171 |
$42,407 |
$43,679 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$38,808 |
$39,972 |
$41,171 |
$42,407 |
$43,679 |
| Annual Vacancy Dollar |
$1,164 |
$1,199 |
$1,235 |
$1,272 |
$1,310 |
| Annual Gross Operating Income |
$37,644 |
$38,773 |
$39,936 |
$41,134 |
$42,368 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.907% |
1.907% |
1.907% |
1.907% |
1.907% |
| Property Taxes Dollar |
$11,361 |
$11,702 |
$12,053 |
$12,414 |
$12,787 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$8,453 |
$8,707 |
$8,968 |
$9,237 |
$9,514 |
| 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 |
$3,764 |
$3,877 |
$3,994 |
$4,113 |
$4,237 |
| 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 |
$23,579 |
$24,286 |
$25,014 |
$25,765 |
$26,538 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,065 |
$14,487 |
$14,922 |
$15,369 |
$15,831 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$42,926 |
$42,926 |
$42,926 |
$42,926 |
$42,926 |
| Principal |
$6,326 |
$6,749 |
$7,201 |
$7,684 |
$8,198 |
| Interest |
$36,600 |
$36,177 |
$35,725 |
$35,242 |
$34,728 |
| Loan Balance at End of Year |
$559,623 |
$552,874 |
$545,673 |
$537,989 |
$529,791 |
| 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 |
$4,811 |
$4,811 |
$4,811 |
$4,811 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$53,985 |
$79,142 |
$105,304 |
$132,517 |
$160,830 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$33,672 |
-$33,250 |
-$32,815 |
-$32,367 |
-$27,096 |
| Monhtly Cash Flow |
-$2,806 |
-$2,771 |
-$2,735 |
-$2,697 |
-$2,258 |
| Cash on Cash Return on Investment |
-0.050% |
-0.049% |
-0.049% |
-0.048% |
-0.040% |
| 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 |