Tyler Deal Analysis
Let's look at deal analysis for Tyler, 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 Tyler, Texas Nomad™ Property with 10% Higher Rents
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Typical Tyler, Texas Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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Percents
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Dollars/#
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|
ARV
|
|
$196,466
|
|
Purchase Price
|
|
$196,466
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$9,823
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|
Closing Costs
|
1.000%
|
$1,965
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$11,788
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Mortgage
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|
Mortgage Amount
|
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$186,642.70
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Mortgage Interest Rate
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6.500%
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Loan Term
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|
360
|
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Private Mortgage Insurance
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0.850%
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$132.21
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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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$2,420
$2419.73
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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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$871
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Property Taxes
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1.668%
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$3,277
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Property Insurance
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1.419%
|
$2,788
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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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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
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15.000%
|
$29,470
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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 |
$202,360 |
$208,431 |
$214,684 |
$221,124 |
$227,758 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,894 |
$6,071 |
$6,253 |
$6,441 |
$6,634 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,420 |
$2,492 |
$2,567 |
$2,644 |
$2,723 |
| 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 |
$2,420 |
$2,492 |
$2,567 |
$2,644 |
$2,723 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$73 |
$75 |
$77 |
$79 |
$82 |
| Monthly Gross Operating Income |
$2,347 |
$2,418 |
$2,490 |
$2,565 |
$2,642 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$29,037 |
$29,908 |
$30,805 |
$31,729 |
$32,681 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$29,037 |
$29,908 |
$30,805 |
$31,729 |
$32,681 |
| Annual Vacancy Dollar |
$871 |
$897 |
$924 |
$952 |
$980 |
| Annual Gross Operating Income |
$28,166 |
$29,011 |
$29,881 |
$30,777 |
$31,701 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.668% |
1.668% |
1.668% |
1.668% |
1.668% |
| Property Taxes Dollar |
$3,277 |
$3,375 |
$3,477 |
$3,581 |
$3,688 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$2,788 |
$2,871 |
$2,958 |
$3,046 |
$3,138 |
| 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 |
$2,817 |
$2,901 |
$2,988 |
$3,078 |
$3,170 |
| 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 |
$8,881 |
$9,148 |
$9,422 |
$9,705 |
$9,996 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$19,284 |
$19,863 |
$20,459 |
$21,072 |
$21,705 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$14,157 |
$14,157 |
$14,157 |
$14,157 |
$14,157 |
| Principal |
$2,086 |
$2,226 |
$2,375 |
$2,534 |
$2,704 |
| Interest |
$12,070 |
$11,931 |
$11,782 |
$11,623 |
$11,453 |
| Loan Balance at End of Year |
$184,557 |
$182,331 |
$179,956 |
$177,422 |
$174,718 |
| 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 |
$1,586 |
$1,586 |
$1,586 |
$1,586 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$17,803 |
$26,100 |
$34,728 |
$43,703 |
$53,040 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,541 |
$4,120 |
$4,716 |
$5,329 |
$7,548 |
| Monhtly Cash Flow |
$295 |
$343 |
$393 |
$444 |
$629 |
| Cash on Cash Return on Investment |
0.300% |
0.349% |
0.400% |
0.452% |
0.640% |
| 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 |