Waterbury Deal Analysis
Let's look at deal analysis for Waterbury, CT 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 Waterbury, Connecticut Nomad™ Property with 10% Higher Rents
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Typical Waterbury, Connecticut 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
|
|
$196,865
|
|
Purchase Price
|
|
$196,865
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$9,843
|
|
Closing Costs
|
1.000%
|
$1,969
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$33,750
|
|
Total Invested
|
|
$45,562
|
|
Mortgage
|
|
Mortgage Amount
|
|
$187,021.75
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|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$132.47
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$1,733
$1732.50
|
|
Other Income
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|
$0
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|
Annual Expenses
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Vacancy Rate
|
3.000%
|
$624
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Property Taxes
|
3.847%
|
$7,573
|
|
Property Insurance
|
0.278%
|
$547
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$29,530
|
|
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 |
$202,771 |
$208,854 |
$215,120 |
$221,573 |
$228,220 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,906 |
$6,083 |
$6,266 |
$6,454 |
$6,647 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,733 |
$1,784 |
$1,838 |
$1,893 |
$1,950 |
| 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 |
$1,733 |
$1,784 |
$1,838 |
$1,893 |
$1,950 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$52 |
$54 |
$55 |
$57 |
$58 |
| Monthly Gross Operating Income |
$1,681 |
$1,731 |
$1,783 |
$1,836 |
$1,891 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$20,790 |
$21,414 |
$22,056 |
$22,718 |
$23,399 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$20,790 |
$21,414 |
$22,056 |
$22,718 |
$23,399 |
| Annual Vacancy Dollar |
$624 |
$642 |
$662 |
$682 |
$702 |
| Annual Gross Operating Income |
$20,166 |
$20,771 |
$21,394 |
$22,036 |
$22,697 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
3.847% |
3.847% |
3.847% |
3.847% |
3.847% |
| Property Taxes Dollar |
$7,573 |
$7,801 |
$8,035 |
$8,276 |
$8,524 |
| Insurance Percent |
0.278% |
0.278% |
0.278% |
0.278% |
0.278% |
| Insurance Dollar |
$547 |
$564 |
$581 |
$598 |
$616 |
| 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 |
$2,017 |
$2,077 |
$2,139 |
$2,204 |
$2,270 |
| 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 |
$10,137 |
$10,441 |
$10,755 |
$11,077 |
$11,410 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$10,029 |
$10,330 |
$10,640 |
$10,959 |
$11,288 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$14,185 |
$14,185 |
$14,185 |
$14,185 |
$14,185 |
| Principal |
$2,090 |
$2,230 |
$2,380 |
$2,539 |
$2,709 |
| Interest |
$12,095 |
$11,955 |
$11,806 |
$11,646 |
$11,476 |
| Loan Balance at End of Year |
$184,931 |
$182,701 |
$180,321 |
$177,782 |
$175,073 |
| 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 |
$1,590 |
$1,590 |
$1,590 |
$1,590 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$17,840 |
$26,153 |
$34,798 |
$43,791 |
$53,147 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,746 |
-$5,445 |
-$5,135 |
-$4,816 |
-$2,897 |
| Monhtly Cash Flow |
-$479 |
-$454 |
-$428 |
-$401 |
-$241 |
| Cash on Cash Return on Investment |
-0.126% |
-0.120% |
-0.113% |
-0.106% |
-0.064% |
| 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 |