Hampton Deal Analysis
Let's look at deal analysis for Hampton, VA 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 Hampton, Virginia Nomad™ Property with 10% Higher Rents
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Typical Hampton, Virginia Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$215,933
|
|
Purchase Price
|
|
$215,933
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$10,797
|
|
Closing Costs
|
1.000%
|
$2,159
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$12,956
|
|
Mortgage
|
|
Mortgage Amount
|
|
$205,136.35
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$145.30
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,133
$2133.29
|
|
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%
|
$768
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Property Taxes
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1.107%
|
$2,390
|
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Property Insurance
|
0.367%
|
$792
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
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%
|
$32,390
|
|
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 |
$222,411 |
$229,083 |
$235,956 |
$243,034 |
$250,326 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$6,478 |
$6,672 |
$6,872 |
$7,079 |
$7,291 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,133 |
$2,197 |
$2,263 |
$2,331 |
$2,401 |
| 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 |
$2,133 |
$2,197 |
$2,263 |
$2,331 |
$2,401 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$64 |
$66 |
$68 |
$70 |
$72 |
| Monthly Gross Operating Income |
$2,069 |
$2,131 |
$2,195 |
$2,261 |
$2,329 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$25,599 |
$26,367 |
$27,158 |
$27,973 |
$28,812 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$25,599 |
$26,367 |
$27,158 |
$27,973 |
$28,812 |
| Annual Vacancy Dollar |
$768 |
$791 |
$815 |
$839 |
$864 |
| Annual Gross Operating Income |
$24,831 |
$25,576 |
$26,344 |
$27,134 |
$27,948 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.107% |
1.107% |
1.107% |
1.107% |
1.107% |
| Property Taxes Dollar |
$2,390 |
$2,462 |
$2,536 |
$2,612 |
$2,690 |
| Insurance Percent |
0.367% |
0.367% |
0.367% |
0.367% |
0.367% |
| Insurance Dollar |
$792 |
$816 |
$841 |
$866 |
$892 |
| 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 |
$2,483 |
$2,558 |
$2,634 |
$2,713 |
$2,795 |
| 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 |
$5,666 |
$5,836 |
$6,011 |
$6,191 |
$6,377 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$19,165 |
$19,740 |
$20,333 |
$20,943 |
$21,571 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,559 |
$15,559 |
$15,559 |
$15,559 |
$15,559 |
| Principal |
$2,293 |
$2,446 |
$2,610 |
$2,785 |
$2,972 |
| Interest |
$13,266 |
$13,113 |
$12,949 |
$12,774 |
$12,588 |
| Loan Balance at End of Year |
$202,844 |
$200,397 |
$197,787 |
$195,002 |
$192,030 |
| 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 |
$1,744 |
$1,744 |
$1,744 |
$1,744 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$19,567 |
$28,686 |
$38,169 |
$48,033 |
$58,295 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$1,863 |
$2,438 |
$3,030 |
$3,640 |
$6,012 |
| Monhtly Cash Flow |
$155 |
$203 |
$252 |
$303 |
$501 |
| Cash on Cash Return on Investment |
0.144% |
0.188% |
0.234% |
0.281% |
0.464% |
| 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 |