Lewisville Deal Analysis
Let's look at deal analysis for Lewisville, 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 Lewisville, Texas Nomad™ Property with 10% Higher Rents
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Typical Lewisville, Texas Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$366,066
|
|
Purchase Price
|
|
$366,066
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$18,303
|
|
Closing Costs
|
1.000%
|
$3,661
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$98,410
|
|
Total Invested
|
|
$120,374
|
|
Mortgage
|
|
Mortgage Amount
|
|
$347,762.70
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|
Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$246.33
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$2,770
$2769.69
|
|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$997
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Property Taxes
|
1.976%
|
$7,233
|
|
Property Insurance
|
1.419%
|
$5,194
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$54,910
|
|
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 |
$377,048 |
$388,359 |
$400,010 |
$412,011 |
$424,371 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,982 |
$11,311 |
$11,651 |
$12,000 |
$12,360 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,770 |
$2,853 |
$2,938 |
$3,027 |
$3,117 |
| 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 |
$2,770 |
$2,853 |
$2,938 |
$3,027 |
$3,117 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$83 |
$86 |
$88 |
$91 |
$94 |
| Monthly Gross Operating Income |
$2,687 |
$2,767 |
$2,850 |
$2,936 |
$3,024 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$33,236 |
$34,233 |
$35,260 |
$36,318 |
$37,408 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$33,236 |
$34,233 |
$35,260 |
$36,318 |
$37,408 |
| Annual Vacancy Dollar |
$997 |
$1,027 |
$1,058 |
$1,090 |
$1,122 |
| Annual Gross Operating Income |
$32,239 |
$33,206 |
$34,203 |
$35,229 |
$36,285 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.976% |
1.976% |
1.976% |
1.976% |
1.976% |
| Property Taxes Dollar |
$7,233 |
$7,450 |
$7,674 |
$7,904 |
$8,141 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$5,194 |
$5,350 |
$5,511 |
$5,676 |
$5,846 |
| 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 |
$3,224 |
$3,321 |
$3,420 |
$3,523 |
$3,629 |
| 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 |
$15,652 |
$16,121 |
$16,605 |
$17,103 |
$17,616 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,587 |
$17,085 |
$17,598 |
$18,125 |
$18,669 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$26,377 |
$26,377 |
$26,377 |
$26,377 |
$26,377 |
| Principal |
$3,887 |
$4,147 |
$4,425 |
$4,722 |
$5,038 |
| Interest |
$22,490 |
$22,230 |
$21,952 |
$21,656 |
$21,339 |
| Loan Balance at End of Year |
$343,876 |
$339,728 |
$335,303 |
$330,582 |
$325,544 |
| 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 |
$2,956 |
$2,956 |
$2,956 |
$2,956 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$33,172 |
$48,631 |
$64,707 |
$81,429 |
$98,827 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,746 |
-$12,248 |
-$11,736 |
-$11,208 |
-$7,708 |
| Monhtly Cash Flow |
-$1,062 |
-$1,021 |
-$978 |
-$934 |
-$642 |
| Cash on Cash Return on Investment |
-0.106% |
-0.102% |
-0.097% |
-0.093% |
-0.064% |
| 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 |