Seattle Deal Analysis
Let's look at deal analysis for Seattle, 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 Seattle, Washington Nomad™ Property with 10% Higher Rents
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Typical Seattle, Washington Nomad™ Property with 10% Higher Rents
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Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$925,560
|
|
Purchase Price
|
|
$925,560
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$46,278
|
|
Closing Costs
|
1.000%
|
$9,256
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$444,439
|
|
Total Invested
|
|
$499,972
|
|
Mortgage
|
|
Mortgage Amount
|
|
$879,282
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$622.82
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$4,158
$4158.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$1,497
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|
Property Taxes
|
0.762%
|
$7,053
|
|
Property Insurance
|
0.229%
|
$2,120
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$138,834
|
|
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 |
$953,327 |
$981,927 |
$1,011,384 |
$1,041,726 |
$1,072,978 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$27,767 |
$28,600 |
$29,458 |
$30,342 |
$31,252 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,158 |
$4,283 |
$4,411 |
$4,544 |
$4,680 |
| 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 |
$4,158 |
$4,283 |
$4,411 |
$4,544 |
$4,680 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$125 |
$128 |
$132 |
$136 |
$140 |
| Monthly Gross Operating Income |
$4,033 |
$4,154 |
$4,279 |
$4,407 |
$4,539 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$49,896 |
$51,393 |
$52,935 |
$54,523 |
$56,158 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$49,896 |
$51,393 |
$52,935 |
$54,523 |
$56,158 |
| Annual Vacancy Dollar |
$1,497 |
$1,542 |
$1,588 |
$1,636 |
$1,685 |
| Annual Gross Operating Income |
$48,399 |
$49,851 |
$51,347 |
$52,887 |
$54,474 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.762% |
0.762% |
0.762% |
0.762% |
0.762% |
| Property Taxes Dollar |
$7,053 |
$7,264 |
$7,482 |
$7,707 |
$7,938 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$2,120 |
$2,183 |
$2,249 |
$2,316 |
$2,386 |
| 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 |
$4,840 |
$4,985 |
$5,135 |
$5,289 |
$5,447 |
| 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 |
$14,012 |
$14,433 |
$14,866 |
$15,312 |
$15,771 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$34,387 |
$35,419 |
$36,481 |
$37,576 |
$38,703 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$66,692 |
$66,692 |
$66,692 |
$66,692 |
$66,692 |
| Principal |
$9,828 |
$10,486 |
$11,188 |
$11,938 |
$12,737 |
| Interest |
$56,864 |
$56,206 |
$55,503 |
$54,754 |
$53,955 |
| Loan Balance at End of Year |
$869,454 |
$858,968 |
$847,779 |
$835,842 |
$823,104 |
| 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 |
$7,474 |
$7,474 |
$7,474 |
$7,474 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$83,873 |
$122,959 |
$163,605 |
$205,884 |
$249,873 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$39,779 |
-$38,747 |
-$37,685 |
-$36,590 |
-$27,989 |
| Monhtly Cash Flow |
-$3,315 |
-$3,229 |
-$3,140 |
-$3,049 |
-$2,332 |
| Cash on Cash Return on Investment |
-0.080% |
-0.077% |
-0.075% |
-0.073% |
-0.056% |
| 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 |