Denver Deal Analysis
Let's look at deal analysis for Denver, 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 Denver, Colorado Nomad™ Property with 10% Higher Rents
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Typical Denver, Colorado Nomad™ Property with 10% Higher Rents
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Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$607,300
|
|
Purchase Price
|
|
$607,300
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$30,365
|
|
Closing Costs
|
1.000%
|
$6,073
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$98,110
|
|
Total Invested
|
|
$134,548
|
|
Mortgage
|
|
Mortgage Amount
|
|
$576,935
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$408.66
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,581
$3580.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$1,289
|
|
Property Taxes
|
0.504%
|
$3,061
|
|
Property Insurance
|
0.508%
|
$3,085
|
|
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%
|
$91,095
|
|
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 |
$625,519 |
$644,285 |
$663,613 |
$683,522 |
$704,027 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,219 |
$18,766 |
$19,329 |
$19,908 |
$20,506 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,581 |
$3,688 |
$3,799 |
$3,913 |
$4,030 |
| 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 |
$3,581 |
$3,688 |
$3,799 |
$3,913 |
$4,030 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$107 |
$111 |
$114 |
$117 |
$121 |
| Monthly Gross Operating Income |
$3,473 |
$3,577 |
$3,685 |
$3,795 |
$3,909 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$42,966 |
$44,255 |
$45,583 |
$46,950 |
$48,359 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$42,966 |
$44,255 |
$45,583 |
$46,950 |
$48,359 |
| Annual Vacancy Dollar |
$1,289 |
$1,328 |
$1,367 |
$1,409 |
$1,451 |
| Annual Gross Operating Income |
$41,677 |
$42,927 |
$44,215 |
$45,542 |
$46,908 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.504% |
0.504% |
0.504% |
0.504% |
0.504% |
| Property Taxes Dollar |
$3,061 |
$3,153 |
$3,247 |
$3,345 |
$3,445 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$3,085 |
$3,178 |
$3,273 |
$3,371 |
$3,472 |
| 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 |
$4,168 |
$4,293 |
$4,422 |
$4,554 |
$4,691 |
| 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 |
$10,314 |
$10,623 |
$10,942 |
$11,270 |
$11,608 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$31,363 |
$32,304 |
$33,273 |
$34,272 |
$35,300 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$43,759 |
$43,759 |
$43,759 |
$43,759 |
$43,759 |
| Principal |
$6,449 |
$6,880 |
$7,341 |
$7,833 |
$8,357 |
| Interest |
$37,311 |
$36,879 |
$36,418 |
$35,927 |
$35,402 |
| Loan Balance at End of Year |
$570,486 |
$563,606 |
$556,265 |
$548,432 |
$540,075 |
| 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 |
$4,904 |
$4,904 |
$4,904 |
$4,904 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$55,033 |
$80,678 |
$107,348 |
$135,089 |
$163,953 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$17,300 |
-$16,359 |
-$15,390 |
-$14,392 |
-$8,460 |
| Monhtly Cash Flow |
-$1,442 |
-$1,363 |
-$1,282 |
-$1,199 |
-$705 |
| Cash on Cash Return on Investment |
-0.129% |
-0.122% |
-0.114% |
-0.107% |
-0.063% |
| 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 |