Tempe Deal Analysis
Let's look at deal analysis for Tempe, AZ 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 Tempe, Arizona Nomad™ Property with 10% Higher Rents
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Typical Tempe, Arizona 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
|
|
$429,678
|
|
Purchase Price
|
|
$429,678
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$21,484
|
|
Closing Costs
|
1.000%
|
$4,297
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$38,651
|
|
Total Invested
|
|
$64,431
|
|
Mortgage
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|
Mortgage Amount
|
|
$408,194.10
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Mortgage Interest Rate
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6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$289.14
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
|
|
$2,836
$2835.53
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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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$1,021
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Property Taxes
|
0.659%
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$2,832
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Property Insurance
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0.442%
|
$1,899
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
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%
|
$64,452
|
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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 |
$442,568 |
$455,845 |
$469,521 |
$483,606 |
$498,115 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,890 |
$13,277 |
$13,675 |
$14,086 |
$14,508 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,836 |
$2,921 |
$3,008 |
$3,098 |
$3,191 |
| 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 |
$2,836 |
$2,921 |
$3,008 |
$3,098 |
$3,191 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$85 |
$88 |
$90 |
$93 |
$96 |
| Monthly Gross Operating Income |
$2,750 |
$2,833 |
$2,918 |
$3,006 |
$3,096 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,026 |
$35,047 |
$36,099 |
$37,182 |
$38,297 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,026 |
$35,047 |
$36,099 |
$37,182 |
$38,297 |
| Annual Vacancy Dollar |
$1,021 |
$1,051 |
$1,083 |
$1,115 |
$1,149 |
| Annual Gross Operating Income |
$33,006 |
$33,996 |
$35,016 |
$36,066 |
$37,148 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.659% |
0.659% |
0.659% |
0.659% |
0.659% |
| Property Taxes Dollar |
$2,832 |
$2,917 |
$3,004 |
$3,094 |
$3,187 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,899 |
$1,956 |
$2,015 |
$2,075 |
$2,138 |
| 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 |
$3,301 |
$3,400 |
$3,502 |
$3,607 |
$3,715 |
| 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 |
$8,031 |
$8,272 |
$8,520 |
$8,776 |
$9,039 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,974 |
$25,723 |
$26,495 |
$27,290 |
$28,109 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$30,961 |
$30,961 |
$30,961 |
$30,961 |
$30,961 |
| Principal |
$4,562 |
$4,868 |
$5,194 |
$5,542 |
$5,913 |
| Interest |
$26,398 |
$26,093 |
$25,767 |
$25,419 |
$25,048 |
| Loan Balance at End of Year |
$403,632 |
$398,764 |
$393,570 |
$388,028 |
$382,115 |
| 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 |
$3,470 |
$3,470 |
$3,470 |
$3,470 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$38,937 |
$57,082 |
$75,951 |
$95,579 |
$116,000 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,456 |
-$8,707 |
-$7,935 |
-$7,140 |
-$2,852 |
| Monhtly Cash Flow |
-$788 |
-$726 |
-$661 |
-$595 |
-$238 |
| Cash on Cash Return on Investment |
-0.147% |
-0.135% |
-0.123% |
-0.111% |
-0.044% |
| 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 |