Burlington Deal Analysis
Let's look at deal analysis for Burlington, VT 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 Burlington, Vermont Nomad™ Property with 10% Higher Rents
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Typical Burlington, Vermont Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$442,851
|
|
Purchase Price
|
|
$442,851
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$22,143
|
|
Closing Costs
|
1.000%
|
$4,429
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$3,565
|
|
Total Invested
|
|
$30,136
|
|
Mortgage
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|
Mortgage Amount
|
|
$420,708.45
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$298
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,927
$3927.00
|
|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,414
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Property Taxes
|
1.000%
|
$4,429
|
|
Property Insurance
|
0.800%
|
$3,543
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$66,428
|
|
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 |
$456,137 |
$469,821 |
$483,915 |
$498,433 |
$513,386 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,286 |
$13,684 |
$14,095 |
$14,517 |
$14,953 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,927 |
$4,045 |
$4,166 |
$4,291 |
$4,420 |
| 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 |
$3,927 |
$4,045 |
$4,166 |
$4,291 |
$4,420 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$118 |
$121 |
$125 |
$129 |
$133 |
| Monthly Gross Operating Income |
$3,809 |
$3,923 |
$4,041 |
$4,162 |
$4,287 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$47,124 |
$48,538 |
$49,994 |
$51,494 |
$53,038 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$47,124 |
$48,538 |
$49,994 |
$51,494 |
$53,038 |
| Annual Vacancy Dollar |
$1,414 |
$1,456 |
$1,500 |
$1,545 |
$1,591 |
| Annual Gross Operating Income |
$45,710 |
$47,082 |
$48,494 |
$49,949 |
$51,447 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.000% |
1.000% |
1.000% |
1.000% |
1.000% |
| Property Taxes Dollar |
$4,429 |
$4,561 |
$4,698 |
$4,839 |
$4,984 |
| Insurance Percent |
0.800% |
0.800% |
0.800% |
0.800% |
0.800% |
| Insurance Dollar |
$3,543 |
$3,649 |
$3,759 |
$3,871 |
$3,987 |
| 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 |
$4,571 |
$4,708 |
$4,849 |
$4,995 |
$5,145 |
| 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 |
$12,542 |
$12,919 |
$13,306 |
$13,705 |
$14,117 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$33,168 |
$34,163 |
$35,188 |
$36,243 |
$37,331 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$31,910 |
$31,910 |
$31,910 |
$31,910 |
$31,910 |
| Principal |
$4,702 |
$5,017 |
$5,353 |
$5,712 |
$6,094 |
| Interest |
$27,208 |
$26,893 |
$26,557 |
$26,198 |
$25,816 |
| Loan Balance at End of Year |
$416,006 |
$410,989 |
$405,636 |
$399,924 |
$393,830 |
| 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 |
$3,576 |
$3,576 |
$3,576 |
$3,576 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$40,130 |
$58,832 |
$78,280 |
$98,509 |
$119,556 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$2,318 |
-$1,323 |
-$298 |
$758 |
$5,421 |
| Monhtly Cash Flow |
-$193 |
-$110 |
-$25 |
$63 |
$452 |
| Cash on Cash Return on Investment |
-0.077% |
-0.044% |
-0.010% |
0.025% |
0.180% |
| 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 |