Everett Deal Analysis
Let's look at deal analysis for Everett, WA 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 Everett, Washington Nomad™ Property with 10% Higher Rents
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Typical Everett, Washington 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/#
|
|
ARV
|
|
$629,868
|
|
Purchase Price
|
|
$629,868
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$31,493
|
|
Closing Costs
|
1.000%
|
$6,299
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$204,503
|
|
Total Invested
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|
$242,295
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Mortgage
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|
Mortgage Amount
|
|
$598,374.60
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Mortgage Interest Rate
|
6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$423.85
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Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$3,292
$3291.75
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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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$1,185
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Property Taxes
|
0.969%
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$6,103
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|
Property Insurance
|
0.229%
|
$1,442
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$94,480
|
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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 |
$648,764 |
$668,227 |
$688,274 |
$708,922 |
$730,190 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,896 |
$19,463 |
$20,047 |
$20,648 |
$21,268 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,292 |
$3,391 |
$3,492 |
$3,597 |
$3,705 |
| 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 |
$3,292 |
$3,391 |
$3,492 |
$3,597 |
$3,705 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$99 |
$102 |
$105 |
$108 |
$111 |
| Monthly Gross Operating Income |
$3,193 |
$3,289 |
$3,387 |
$3,489 |
$3,594 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$39,501 |
$40,686 |
$41,907 |
$43,164 |
$44,459 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$39,501 |
$40,686 |
$41,907 |
$43,164 |
$44,459 |
| Annual Vacancy Dollar |
$1,185 |
$1,221 |
$1,257 |
$1,295 |
$1,334 |
| Annual Gross Operating Income |
$38,316 |
$39,465 |
$40,649 |
$41,869 |
$43,125 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.969% |
0.969% |
0.969% |
0.969% |
0.969% |
| Property Taxes Dollar |
$6,103 |
$6,287 |
$6,475 |
$6,669 |
$6,869 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$1,442 |
$1,486 |
$1,530 |
$1,576 |
$1,623 |
| 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 |
$3,832 |
$3,947 |
$4,065 |
$4,187 |
$4,312 |
| 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 |
$11,377 |
$11,719 |
$12,070 |
$12,432 |
$12,805 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$26,939 |
$27,747 |
$28,579 |
$29,436 |
$30,320 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$45,386 |
$45,386 |
$45,386 |
$45,386 |
$45,386 |
| Principal |
$6,688 |
$7,136 |
$7,614 |
$8,124 |
$8,668 |
| Interest |
$38,697 |
$38,250 |
$37,772 |
$37,262 |
$36,718 |
| Loan Balance at End of Year |
$591,686 |
$584,550 |
$576,936 |
$568,813 |
$560,145 |
| 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 |
$5,086 |
$5,086 |
$5,086 |
$5,086 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$57,078 |
$83,677 |
$111,337 |
$140,109 |
$170,045 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$23,533 |
-$22,725 |
-$21,893 |
-$21,035 |
-$15,066 |
| Monhtly Cash Flow |
-$1,961 |
-$1,894 |
-$1,824 |
-$1,753 |
-$1,255 |
| Cash on Cash Return on Investment |
-0.097% |
-0.094% |
-0.090% |
-0.087% |
-0.062% |
| 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 |