Loveland Deal Analysis
Let's look at deal analysis for Loveland, 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 Loveland, Colorado Nomad™ Property with 10% Higher Rents
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Typical Loveland, Colorado 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
|
|
$461,543
|
|
Purchase Price
|
|
$461,543
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$23,077
|
|
Closing Costs
|
1.000%
|
$4,615
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$103,315
|
|
Total Invested
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$131,007
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Mortgage
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|
Mortgage Amount
|
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$438,465.85
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$310.58
|
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Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$2,541
$2541.00
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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%
|
$915
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Property Taxes
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0.493%
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$2,275
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Property Insurance
|
0.508%
|
$2,345
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
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|
$0
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Maintenance
|
10.000%
|
|
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CapEx
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|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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Land Value
|
15.000%
|
$69,231
|
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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 |
$475,389 |
$489,651 |
$504,340 |
$519,471 |
$535,055 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,846 |
$14,262 |
$14,690 |
$15,130 |
$15,584 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| 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 |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$76 |
$79 |
$81 |
$83 |
$86 |
| Monthly Gross Operating Income |
$2,465 |
$2,539 |
$2,615 |
$2,693 |
$2,774 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$30,492 |
$31,407 |
$32,349 |
$33,319 |
$34,319 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$30,492 |
$31,407 |
$32,349 |
$33,319 |
$34,319 |
| Annual Vacancy Dollar |
$915 |
$942 |
$970 |
$1,000 |
$1,030 |
| Annual Gross Operating Income |
$29,577 |
$30,465 |
$31,378 |
$32,320 |
$33,289 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.493% |
0.493% |
0.493% |
0.493% |
0.493% |
| Property Taxes Dollar |
$2,275 |
$2,344 |
$2,414 |
$2,486 |
$2,561 |
| Insurance Percent |
0.508% |
0.508% |
0.508% |
0.508% |
0.508% |
| Insurance Dollar |
$2,345 |
$2,415 |
$2,487 |
$2,562 |
$2,639 |
| 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 |
$2,958 |
$3,046 |
$3,138 |
$3,232 |
$3,329 |
| 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 |
$7,578 |
$7,805 |
$8,039 |
$8,280 |
$8,529 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,999 |
$22,659 |
$23,339 |
$24,039 |
$24,761 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$33,257 |
$33,257 |
$33,257 |
$33,257 |
$33,257 |
| Principal |
$4,901 |
$5,229 |
$5,579 |
$5,953 |
$6,352 |
| Interest |
$28,356 |
$28,028 |
$27,678 |
$27,304 |
$26,905 |
| Loan Balance at End of Year |
$433,565 |
$428,336 |
$422,757 |
$416,804 |
$410,452 |
| 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 |
$3,727 |
$3,727 |
$3,727 |
$3,727 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$41,824 |
$61,315 |
$81,584 |
$102,667 |
$124,602 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$14,984 |
-$14,324 |
-$13,645 |
-$12,944 |
-$8,496 |
| Monhtly Cash Flow |
-$1,249 |
-$1,194 |
-$1,137 |
-$1,079 |
-$708 |
| Cash on Cash Return on Investment |
-0.114% |
-0.109% |
-0.104% |
-0.099% |
-0.065% |
| 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 |