Pearland Deal Analysis
Let's look at deal analysis for Pearland, 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 Pearland, Texas Nomad™ Property with 10% Higher Rents
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Typical Pearland, 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
|
|
$318,134
|
|
Purchase Price
|
|
$318,134
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$15,907
|
|
Closing Costs
|
1.000%
|
$3,181
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|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$105,928
|
|
Total Invested
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$125,016
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Mortgage
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|
Mortgage Amount
|
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$302,227.30
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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%
|
$214.08
|
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Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$2,524
$2523.68
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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%
|
$909
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Property Taxes
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2.650%
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$8,431
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|
Property Insurance
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1.419%
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$4,514
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|
HOA Dues
|
|
$0
|
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Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
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|
$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%
|
$47,720
|
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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 |
$327,678 |
$337,508 |
$347,634 |
$358,063 |
$368,804 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$9,544 |
$9,830 |
$10,125 |
$10,429 |
$10,742 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,524 |
$2,599 |
$2,677 |
$2,758 |
$2,840 |
| 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 |
$2,524 |
$2,599 |
$2,677 |
$2,758 |
$2,840 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$76 |
$78 |
$80 |
$83 |
$85 |
| Monthly Gross Operating Income |
$2,448 |
$2,521 |
$2,597 |
$2,675 |
$2,755 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$30,284 |
$31,193 |
$32,128 |
$33,092 |
$34,085 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$30,284 |
$31,193 |
$32,128 |
$33,092 |
$34,085 |
| Annual Vacancy Dollar |
$909 |
$936 |
$964 |
$993 |
$1,023 |
| Annual Gross Operating Income |
$29,376 |
$30,257 |
$31,165 |
$32,100 |
$33,063 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.650% |
2.650% |
2.650% |
2.650% |
2.650% |
| Property Taxes Dollar |
$8,431 |
$8,683 |
$8,944 |
$9,212 |
$9,489 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$4,514 |
$4,650 |
$4,789 |
$4,933 |
$5,081 |
| 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 |
$2,938 |
$3,026 |
$3,116 |
$3,210 |
$3,306 |
| 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 |
$15,882 |
$16,359 |
$16,850 |
$17,355 |
$17,876 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,493 |
$13,898 |
$14,315 |
$14,744 |
$15,187 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$22,923 |
$22,923 |
$22,923 |
$22,923 |
$22,923 |
| Principal |
$3,378 |
$3,604 |
$3,846 |
$4,103 |
$4,378 |
| Interest |
$19,545 |
$19,319 |
$19,078 |
$18,820 |
$18,545 |
| Loan Balance at End of Year |
$298,849 |
$295,245 |
$291,399 |
$287,296 |
$282,918 |
| 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 |
$2,569 |
$2,569 |
$2,569 |
$2,569 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$28,829 |
$42,263 |
$56,234 |
$70,767 |
$85,886 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$11,999 |
-$11,594 |
-$11,177 |
-$10,748 |
-$7,737 |
| Monhtly Cash Flow |
-$1,000 |
-$966 |
-$931 |
-$896 |
-$645 |
| Cash on Cash Return on Investment |
-0.096% |
-0.093% |
-0.089% |
-0.086% |
-0.062% |
| 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 |