Boulder Deal Analysis
Let's look at deal analysis for Boulder, CO 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 Boulder, Colorado Nomad™ Property with 10% Higher Rents
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Typical Boulder, Colorado Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$1,099,111
|
|
Purchase Price
|
|
$1,099,111
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$54,956
|
|
Closing Costs
|
1.000%
|
$10,991
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$597,596
|
|
Total Invested
|
|
$663,543
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Mortgage
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|
Mortgage Amount
|
|
$1,044,155.45
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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%
|
$739.61
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|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$4,793
$4793.25
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Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
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$1,726
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Property Taxes
|
0.533%
|
$5,858
|
|
Property Insurance
|
0.508%
|
$5,583
|
|
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
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|
$0
|
|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$164,867
|
|
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 |
$1,132,084 |
$1,166,047 |
$1,201,028 |
$1,237,059 |
$1,274,171 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$32,973 |
$33,963 |
$34,981 |
$36,031 |
$37,112 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,793 |
$4,937 |
$5,085 |
$5,238 |
$5,395 |
| 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 |
$4,793 |
$4,937 |
$5,085 |
$5,238 |
$5,395 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$144 |
$148 |
$153 |
$157 |
$162 |
| Monthly Gross Operating Income |
$4,649 |
$4,789 |
$4,933 |
$5,081 |
$5,233 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$57,519 |
$59,245 |
$61,022 |
$62,853 |
$64,738 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$57,519 |
$59,245 |
$61,022 |
$62,853 |
$64,738 |
| Annual Vacancy Dollar |
$1,726 |
$1,777 |
$1,831 |
$1,886 |
$1,942 |
| Annual Gross Operating Income |
$55,793 |
$57,467 |
$59,191 |
$60,967 |
$62,796 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.533% |
0.533% |
0.533% |
0.533% |
0.533% |
| Property Taxes Dollar |
$5,858 |
$6,034 |
$6,215 |
$6,401 |
$6,594 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$5,583 |
$5,751 |
$5,924 |
$6,101 |
$6,284 |
| 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 |
$5,579 |
$5,747 |
$5,919 |
$6,097 |
$6,280 |
| 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 |
$17,021 |
$17,532 |
$18,058 |
$18,599 |
$19,157 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$38,772 |
$39,936 |
$41,134 |
$42,368 |
$43,639 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$79,197 |
$79,197 |
$79,197 |
$79,197 |
$79,197 |
| Principal |
$11,671 |
$12,452 |
$13,286 |
$14,176 |
$15,126 |
| Interest |
$67,526 |
$66,745 |
$65,911 |
$65,021 |
$64,072 |
| Loan Balance at End of Year |
$1,032,485 |
$1,020,032 |
$1,006,746 |
$992,570 |
$977,444 |
| 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 |
$8,875 |
$8,875 |
$8,875 |
$8,875 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$99,600 |
$146,015 |
$194,282 |
$244,489 |
$296,727 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$49,300 |
-$48,137 |
-$46,939 |
-$45,705 |
-$35,559 |
| Monhtly Cash Flow |
-$4,108 |
-$4,011 |
-$3,912 |
-$3,809 |
-$2,963 |
| Cash on Cash Return on Investment |
-0.074% |
-0.073% |
-0.071% |
-0.069% |
-0.054% |
| 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 |