San Angelo Deal Analysis
Let's look at deal analysis for San Angelo, 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 San Angelo, Texas Nomad™ Property with 10% Higher Rents
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Typical San Angelo, 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
|
|
$160,408
|
|
Purchase Price
|
|
$160,408
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$8,020
|
|
Closing Costs
|
1.000%
|
$1,604
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|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$9,624
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Mortgage
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|
Mortgage Amount
|
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$152,387.60
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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
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0.850%
|
$107.94
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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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$1,906
$1905.75
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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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$686
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Property Taxes
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2.004%
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$3,215
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Property Insurance
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1.420%
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$2,278
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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
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10.000%
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|
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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%
|
$24,061
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Property Type (C or R)
|
R
|
27.5
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|
Effective Income Tax Rate
|
15.000%
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|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$165,220 |
$170,177 |
$175,282 |
$180,541 |
$185,957 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,812 |
$4,957 |
$5,105 |
$5,258 |
$5,416 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,906 |
$1,963 |
$2,022 |
$2,082 |
$2,145 |
| 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 |
$1,906 |
$1,963 |
$2,022 |
$2,082 |
$2,145 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$57 |
$59 |
$61 |
$62 |
$64 |
| Monthly Gross Operating Income |
$1,849 |
$1,904 |
$1,961 |
$2,020 |
$2,081 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$22,869 |
$23,555 |
$24,262 |
$24,990 |
$25,739 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$22,869 |
$23,555 |
$24,262 |
$24,990 |
$25,739 |
| Annual Vacancy Dollar |
$686 |
$707 |
$728 |
$750 |
$772 |
| Annual Gross Operating Income |
$22,183 |
$22,848 |
$23,534 |
$24,240 |
$24,967 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.004% |
2.004% |
2.004% |
2.004% |
2.004% |
| Property Taxes Dollar |
$3,215 |
$3,311 |
$3,410 |
$3,513 |
$3,618 |
| Insurance Percent |
1.420% |
1.420% |
1.420% |
1.420% |
1.420% |
| Insurance Dollar |
$2,278 |
$2,346 |
$2,417 |
$2,489 |
$2,564 |
| 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 |
$2,218 |
$2,285 |
$2,353 |
$2,424 |
$2,497 |
| 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 |
$7,711 |
$7,942 |
$8,180 |
$8,426 |
$8,678 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,472 |
$14,906 |
$15,354 |
$15,814 |
$16,289 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$11,558 |
$11,558 |
$11,558 |
$11,558 |
$11,558 |
| Principal |
$1,703 |
$1,817 |
$1,939 |
$2,069 |
$2,207 |
| Interest |
$9,855 |
$9,741 |
$9,619 |
$9,489 |
$9,351 |
| Loan Balance at End of Year |
$150,684 |
$148,867 |
$146,928 |
$144,859 |
$142,652 |
| 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 |
$1,295 |
$1,295 |
$1,295 |
$1,295 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$14,536 |
$21,310 |
$28,354 |
$35,681 |
$43,305 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$1,619 |
$2,053 |
$2,500 |
$2,961 |
$4,730 |
| Monhtly Cash Flow |
$135 |
$171 |
$208 |
$247 |
$394 |
| Cash on Cash Return on Investment |
0.168% |
0.213% |
0.260% |
0.308% |
0.491% |
| 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 |