West Valley City Deal Analysis
Let's look at deal analysis for West Valley City, UT 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 West Valley City, Utah Nomad™ Property with 10% Higher Rents
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Typical West Valley City, Utah 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
|
|
$429,690
|
|
Purchase Price
|
|
$429,690
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$21,485
|
|
Closing Costs
|
1.000%
|
$4,297
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$39,154
|
|
Total Invested
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|
$64,935
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Mortgage
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|
Mortgage Amount
|
|
$408,205.50
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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%
|
$289.15
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$2,804
$2804.34
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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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$1,010
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Property Taxes
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0.778%
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$3,343
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|
Property Insurance
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0.260%
|
$1,117
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|
HOA Dues
|
|
$0
|
|
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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|
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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%
|
$64,454
|
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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 |
$442,581 |
$455,858 |
$469,534 |
$483,620 |
$498,128 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,891 |
$13,277 |
$13,676 |
$14,086 |
$14,509 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,804 |
$2,888 |
$2,975 |
$3,064 |
$3,156 |
| 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 |
$2,804 |
$2,888 |
$2,975 |
$3,064 |
$3,156 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$84 |
$87 |
$89 |
$92 |
$95 |
| Monthly Gross Operating Income |
$2,720 |
$2,802 |
$2,886 |
$2,972 |
$3,062 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$33,652 |
$34,662 |
$35,701 |
$36,773 |
$37,876 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$33,652 |
$34,662 |
$35,701 |
$36,773 |
$37,876 |
| Annual Vacancy Dollar |
$1,010 |
$1,040 |
$1,071 |
$1,103 |
$1,136 |
| Annual Gross Operating Income |
$32,643 |
$33,622 |
$34,630 |
$35,669 |
$36,739 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.778% |
0.778% |
0.778% |
0.778% |
0.778% |
| Property Taxes Dollar |
$3,343 |
$3,443 |
$3,547 |
$3,653 |
$3,763 |
| Insurance Percent |
0.260% |
0.260% |
0.260% |
0.260% |
0.260% |
| Insurance Dollar |
$1,117 |
$1,151 |
$1,185 |
$1,221 |
$1,257 |
| 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 |
$3,264 |
$3,362 |
$3,463 |
$3,567 |
$3,674 |
| 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 |
$7,724 |
$7,956 |
$8,195 |
$8,441 |
$8,694 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,918 |
$25,666 |
$26,436 |
$27,229 |
$28,046 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$30,962 |
$30,962 |
$30,962 |
$30,962 |
$30,962 |
| Principal |
$4,563 |
$4,868 |
$5,194 |
$5,542 |
$5,913 |
| Interest |
$26,399 |
$26,093 |
$25,767 |
$25,420 |
$25,048 |
| Loan Balance at End of Year |
$403,643 |
$398,775 |
$393,580 |
$388,038 |
$382,125 |
| 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 |
$3,470 |
$3,470 |
$3,470 |
$3,470 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$38,938 |
$57,084 |
$75,954 |
$95,582 |
$116,004 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,513 |
-$8,766 |
-$7,996 |
-$7,203 |
-$2,916 |
| Monhtly Cash Flow |
-$793 |
-$730 |
-$666 |
-$600 |
-$243 |
| Cash on Cash Return on Investment |
-0.147% |
-0.135% |
-0.123% |
-0.111% |
-0.045% |
| 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 |