Mesquite Deal Analysis
Let's look at deal analysis for Mesquite, 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 Mesquite, Texas Nomad™ Property with 10% Higher Rents
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Typical Mesquite, 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
|
|
$242,901
|
|
Purchase Price
|
|
$242,901
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$12,145
|
|
Closing Costs
|
1.000%
|
$2,429
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$16,565
|
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Total Invested
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$31,139
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Mortgage
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Mortgage Amount
|
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$230,755.95
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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
|
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Private Mortgage Insurance
|
0.850%
|
$163.45
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Drop PMI LTV
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80.000%
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|
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Income
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Monthly Rent
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$2,197
$2196.81
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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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$791
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Property Taxes
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1.953%
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$4,744
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Property Insurance
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1.419%
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$3,447
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|
HOA Dues
|
|
$0
|
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Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
|
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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|
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Depreciation Details
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Land Value
|
15.000%
|
$36,435
|
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Property Type (C or R)
|
R
|
27.5
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|
Effective Income Tax Rate
|
15.000%
|
|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$250,188 |
$257,694 |
$265,424 |
$273,387 |
$281,589 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,287 |
$7,506 |
$7,731 |
$7,963 |
$8,202 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,197 |
$2,263 |
$2,331 |
$2,401 |
$2,473 |
| 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 |
$2,197 |
$2,263 |
$2,331 |
$2,401 |
$2,473 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$66 |
$68 |
$70 |
$72 |
$74 |
| Monthly Gross Operating Income |
$2,131 |
$2,195 |
$2,261 |
$2,328 |
$2,398 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$26,362 |
$27,153 |
$27,967 |
$28,806 |
$29,670 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$26,362 |
$27,153 |
$27,967 |
$28,806 |
$29,670 |
| Annual Vacancy Dollar |
$791 |
$815 |
$839 |
$864 |
$890 |
| Annual Gross Operating Income |
$25,571 |
$26,338 |
$27,128 |
$27,942 |
$28,780 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.953% |
1.953% |
1.953% |
1.953% |
1.953% |
| Property Taxes Dollar |
$4,744 |
$4,886 |
$5,033 |
$5,184 |
$5,339 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$3,447 |
$3,550 |
$3,657 |
$3,766 |
$3,879 |
| 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 |
$2,557 |
$2,634 |
$2,713 |
$2,794 |
$2,878 |
| 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 |
$10,748 |
$11,070 |
$11,402 |
$11,744 |
$12,097 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,823 |
$15,268 |
$15,726 |
$16,198 |
$16,684 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$17,502 |
$17,502 |
$17,502 |
$17,502 |
$17,502 |
| Principal |
$2,579 |
$2,752 |
$2,936 |
$3,133 |
$3,343 |
| Interest |
$14,923 |
$14,750 |
$14,566 |
$14,370 |
$14,160 |
| Loan Balance at End of Year |
$228,177 |
$225,425 |
$222,489 |
$219,356 |
$216,013 |
| 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 |
$1,961 |
$1,961 |
$1,961 |
$1,961 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$22,011 |
$32,269 |
$42,936 |
$54,031 |
$65,576 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$4,641 |
-$4,196 |
-$3,738 |
-$3,266 |
-$819 |
| Monhtly Cash Flow |
-$387 |
-$350 |
-$311 |
-$272 |
-$68 |
| Cash on Cash Return on Investment |
-0.149% |
-0.135% |
-0.120% |
-0.105% |
-0.026% |
| 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 |