The Woodlands Deal Analysis
Let's look at deal analysis for The Woodlands, 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 The Woodlands, Texas Nomad™ Property with 10% Higher Rents
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Typical The Woodlands, 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
|
|
$449,205
|
|
Purchase Price
|
|
$449,205
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$22,460
|
|
Closing Costs
|
1.000%
|
$4,492
|
|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
|
|
$317,545
|
|
Total Invested
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$344,497
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Mortgage
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|
Mortgage Amount
|
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$426,744.75
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$302.28
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$2,888
$2887.50
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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%
|
$1,040
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Property Taxes
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2.195%
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$9,860
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|
Property Insurance
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1.419%
|
$6,374
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
|
CapEx
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|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$67,381
|
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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 |
$462,681 |
$476,562 |
$490,858 |
$505,584 |
$520,752 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,476 |
$13,880 |
$14,297 |
$14,726 |
$15,168 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,888 |
$2,974 |
$3,063 |
$3,155 |
$3,250 |
| 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 |
$2,888 |
$2,974 |
$3,063 |
$3,155 |
$3,250 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$87 |
$89 |
$92 |
$95 |
$97 |
| Monthly Gross Operating Income |
$2,801 |
$2,885 |
$2,971 |
$3,061 |
$3,152 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,650 |
$35,690 |
$36,760 |
$37,863 |
$38,999 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,650 |
$35,690 |
$36,760 |
$37,863 |
$38,999 |
| Annual Vacancy Dollar |
$1,040 |
$1,071 |
$1,103 |
$1,136 |
$1,170 |
| Annual Gross Operating Income |
$33,611 |
$34,619 |
$35,657 |
$36,727 |
$37,829 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.195% |
2.195% |
2.195% |
2.195% |
2.195% |
| Property Taxes Dollar |
$9,860 |
$10,156 |
$10,461 |
$10,774 |
$11,098 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$6,374 |
$6,565 |
$6,762 |
$6,965 |
$7,174 |
| 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 |
$3,361 |
$3,462 |
$3,566 |
$3,673 |
$3,783 |
| 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 |
$19,595 |
$20,183 |
$20,789 |
$21,412 |
$22,055 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$14,015 |
$14,436 |
$14,869 |
$15,315 |
$15,774 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$32,368 |
$32,368 |
$32,368 |
$32,368 |
$32,368 |
| Principal |
$4,770 |
$5,089 |
$5,430 |
$5,794 |
$6,182 |
| Interest |
$27,598 |
$27,279 |
$26,938 |
$26,574 |
$26,186 |
| Loan Balance at End of Year |
$421,975 |
$416,886 |
$411,455 |
$405,662 |
$399,480 |
| 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 |
$3,627 |
$3,627 |
$3,627 |
$3,627 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$40,706 |
$59,676 |
$79,403 |
$99,923 |
$121,272 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$21,980 |
-$21,560 |
-$21,126 |
-$20,680 |
-$16,594 |
| Monhtly Cash Flow |
-$1,832 |
-$1,797 |
-$1,761 |
-$1,723 |
-$1,383 |
| Cash on Cash Return on Investment |
-0.064% |
-0.063% |
-0.061% |
-0.060% |
-0.048% |
| 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 |