Brandon Deal Analysis
Let's look at deal analysis for Brandon, FL 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 Brandon, Florida Nomad™ Property with 10% Higher Rents
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Typical Brandon, Florida 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/#
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|
ARV
|
|
$321,584
|
|
Purchase Price
|
|
$321,584
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$16,079
|
|
Closing Costs
|
1.000%
|
$3,216
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|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$17,960
|
|
Total Invested
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$37,255
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Mortgage
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|
Mortgage Amount
|
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$305,504.80
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
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|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$216.40
|
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Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$2,740
$2739.66
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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%
|
$986
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Property Taxes
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0.937%
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$3,013
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Property Insurance
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1.674%
|
$5,383
|
|
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%
|
$48,238
|
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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 |
$331,232 |
$341,168 |
$351,404 |
$361,946 |
$372,804 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$9,648 |
$9,937 |
$10,235 |
$10,542 |
$10,858 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,740 |
$2,822 |
$2,907 |
$2,994 |
$3,084 |
| 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 |
$2,740 |
$2,822 |
$2,907 |
$2,994 |
$3,084 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$82 |
$85 |
$87 |
$90 |
$93 |
| Monthly Gross Operating Income |
$2,657 |
$2,737 |
$2,819 |
$2,904 |
$2,991 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$32,876 |
$33,862 |
$34,878 |
$35,924 |
$37,002 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$32,876 |
$33,862 |
$34,878 |
$35,924 |
$37,002 |
| Annual Vacancy Dollar |
$986 |
$1,016 |
$1,046 |
$1,078 |
$1,110 |
| Annual Gross Operating Income |
$31,890 |
$32,846 |
$33,832 |
$34,847 |
$35,892 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.937% |
0.937% |
0.937% |
0.937% |
0.937% |
| Property Taxes Dollar |
$3,013 |
$3,104 |
$3,197 |
$3,293 |
$3,391 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$5,383 |
$5,545 |
$5,711 |
$5,882 |
$6,059 |
| 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 |
$3,189 |
$3,285 |
$3,383 |
$3,485 |
$3,589 |
| 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 |
$11,586 |
$11,933 |
$12,291 |
$12,660 |
$13,040 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$20,304 |
$20,913 |
$21,541 |
$22,187 |
$22,852 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$23,172 |
$23,172 |
$23,172 |
$23,172 |
$23,172 |
| Principal |
$3,415 |
$3,643 |
$3,887 |
$4,148 |
$4,426 |
| Interest |
$19,757 |
$19,529 |
$19,285 |
$19,024 |
$18,746 |
| Loan Balance at End of Year |
$302,090 |
$298,447 |
$294,559 |
$290,411 |
$285,986 |
| 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 |
$2,597 |
$2,597 |
$2,597 |
$2,597 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$29,141 |
$42,722 |
$56,844 |
$71,534 |
$86,818 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,465 |
-$4,856 |
-$4,228 |
-$3,582 |
-$320 |
| Monhtly Cash Flow |
-$455 |
-$405 |
-$352 |
-$298 |
-$27 |
| Cash on Cash Return on Investment |
-0.147% |
-0.130% |
-0.113% |
-0.096% |
-0.009% |
| 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 |