Green Bay Deal Analysis
Let's look at deal analysis for Green Bay, WI 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 Green Bay, Wisconsin Nomad™ Property with 10% Higher Rents
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Typical Green Bay, Wisconsin 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
|
|
$178,808
|
|
Purchase Price
|
|
$178,808
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$8,940
|
|
Closing Costs
|
1.000%
|
$1,788
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$10,728
|
|
Mortgage
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|
Mortgage Amount
|
|
$169,867.60
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|
Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$120.32
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$2,079
$2079.00
|
|
Other Income
|
|
$0
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|
Annual Expenses
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Vacancy Rate
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3.000%
|
$748
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Property Taxes
|
2.093%
|
$3,742
|
|
Property Insurance
|
0.521%
|
$932
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$26,821
|
|
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 |
$184,172 |
$189,697 |
$195,388 |
$201,250 |
$207,287 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,364 |
$5,525 |
$5,691 |
$5,862 |
$6,037 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,079 |
$2,141 |
$2,206 |
$2,272 |
$2,340 |
| 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 |
$2,079 |
$2,141 |
$2,206 |
$2,272 |
$2,340 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$62 |
$64 |
$66 |
$68 |
$70 |
| Monthly Gross Operating Income |
$2,017 |
$2,077 |
$2,139 |
$2,204 |
$2,270 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,948 |
$25,696 |
$26,467 |
$27,261 |
$28,079 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,948 |
$25,696 |
$26,467 |
$27,261 |
$28,079 |
| Annual Vacancy Dollar |
$748 |
$771 |
$794 |
$818 |
$842 |
| Annual Gross Operating Income |
$24,200 |
$24,926 |
$25,673 |
$26,444 |
$27,237 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.093% |
2.093% |
2.093% |
2.093% |
2.093% |
| Property Taxes Dollar |
$3,742 |
$3,855 |
$3,970 |
$4,089 |
$4,212 |
| Insurance Percent |
0.521% |
0.521% |
0.521% |
0.521% |
0.521% |
| Insurance Dollar |
$932 |
$960 |
$988 |
$1,018 |
$1,049 |
| 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 |
$2,420 |
$2,493 |
$2,567 |
$2,644 |
$2,724 |
| 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 |
$7,094 |
$7,307 |
$7,526 |
$7,752 |
$7,984 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$17,106 |
$17,619 |
$18,147 |
$18,692 |
$19,252 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$12,884 |
$12,884 |
$12,884 |
$12,884 |
$12,884 |
| Principal |
$1,899 |
$2,026 |
$2,161 |
$2,306 |
$2,461 |
| Interest |
$10,985 |
$10,858 |
$10,723 |
$10,578 |
$10,423 |
| Loan Balance at End of Year |
$167,969 |
$165,943 |
$163,782 |
$161,475 |
$159,015 |
| 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 |
$1,444 |
$1,444 |
$1,444 |
$1,444 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$16,203 |
$23,754 |
$31,607 |
$39,775 |
$48,273 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$2,778 |
$3,291 |
$3,819 |
$4,364 |
$6,368 |
| Monhtly Cash Flow |
$231 |
$274 |
$318 |
$364 |
$531 |
| Cash on Cash Return on Investment |
0.259% |
0.307% |
0.356% |
0.407% |
0.594% |
| 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 |