Milwaukee Deal Analysis
Let's look at deal analysis for Milwaukee, 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 Milwaukee, Wisconsin Nomad™ Property with 10% Higher Rents
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Typical Milwaukee, Wisconsin Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$159,379
|
|
Purchase Price
|
|
$159,379
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$7,969
|
|
Closing Costs
|
1.000%
|
$1,594
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$9,563
|
|
Mortgage
|
|
Mortgage Amount
|
|
$151,410.05
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$107.25
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,958
$1957.73
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$705
|
|
Property Taxes
|
2.764%
|
$4,405
|
|
Property Insurance
|
0.521%
|
$830
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$23,907
|
|
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 |
$164,160 |
$169,085 |
$174,158 |
$179,382 |
$184,764 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,781 |
$4,925 |
$5,073 |
$5,225 |
$5,381 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,958 |
$2,016 |
$2,077 |
$2,139 |
$2,203 |
| 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 |
$1,958 |
$2,016 |
$2,077 |
$2,139 |
$2,203 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$59 |
$60 |
$62 |
$64 |
$66 |
| Monthly Gross Operating Income |
$1,899 |
$1,956 |
$2,015 |
$2,075 |
$2,137 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$23,493 |
$24,198 |
$24,923 |
$25,671 |
$26,441 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$23,493 |
$24,198 |
$24,923 |
$25,671 |
$26,441 |
| Annual Vacancy Dollar |
$705 |
$726 |
$748 |
$770 |
$793 |
| Annual Gross Operating Income |
$22,788 |
$23,472 |
$24,176 |
$24,901 |
$25,648 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.764% |
2.764% |
2.764% |
2.764% |
2.764% |
| Property Taxes Dollar |
$4,405 |
$4,537 |
$4,674 |
$4,814 |
$4,958 |
| Insurance Percent |
0.521% |
0.521% |
0.521% |
0.521% |
0.521% |
| Insurance Dollar |
$830 |
$855 |
$881 |
$907 |
$935 |
| 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 |
$2,279 |
$2,347 |
$2,418 |
$2,490 |
$2,565 |
| 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 |
$7,514 |
$7,740 |
$7,972 |
$8,211 |
$8,458 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$15,274 |
$15,732 |
$16,204 |
$16,690 |
$17,191 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$11,484 |
$11,484 |
$11,484 |
$11,484 |
$11,484 |
| Principal |
$1,692 |
$1,806 |
$1,927 |
$2,056 |
$2,193 |
| Interest |
$9,792 |
$9,678 |
$9,558 |
$9,429 |
$9,291 |
| Loan Balance at End of Year |
$149,718 |
$147,912 |
$145,986 |
$143,930 |
$141,737 |
| 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 |
$1,287 |
$1,287 |
$1,287 |
$1,287 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$14,443 |
$21,173 |
$28,172 |
$35,452 |
$43,027 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$2,502 |
$2,961 |
$3,433 |
$3,919 |
$5,706 |
| Monhtly Cash Flow |
$209 |
$247 |
$286 |
$327 |
$476 |
| Cash on Cash Return on Investment |
0.262% |
0.310% |
0.359% |
0.410% |
0.597% |
| 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 |