Hollywood Deal Analysis
Let's look at deal analysis for Hollywood, 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 Hollywood, Florida Nomad™ Property with 10% Higher Rents
|
Typical Hollywood, Florida Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$408,191
|
|
Purchase Price
|
|
$408,191
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$20,410
|
|
Closing Costs
|
1.000%
|
$4,082
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$24,491
|
|
Mortgage
|
|
Mortgage Amount
|
|
$387,781.45
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$274.68
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$5,081
$5080.85
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,829
|
|
Property Taxes
|
1.028%
|
$4,196
|
|
Property Insurance
|
1.675%
|
$6,837
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
|
|
Land Value
|
15.000%
|
$61,229
|
|
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 |
$420,437 |
$433,050 |
$446,041 |
$459,423 |
$473,205 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,246 |
$12,613 |
$12,991 |
$13,381 |
$13,783 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,081 |
$5,233 |
$5,390 |
$5,552 |
$5,719 |
| 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 |
$5,081 |
$5,233 |
$5,390 |
$5,552 |
$5,719 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$152 |
$157 |
$162 |
$167 |
$172 |
| Monthly Gross Operating Income |
$4,928 |
$5,076 |
$5,229 |
$5,385 |
$5,547 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$60,970 |
$62,799 |
$64,683 |
$66,624 |
$68,622 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$60,970 |
$62,799 |
$64,683 |
$66,624 |
$68,622 |
| Annual Vacancy Dollar |
$1,829 |
$1,884 |
$1,940 |
$1,999 |
$2,059 |
| Annual Gross Operating Income |
$59,141 |
$60,915 |
$62,743 |
$64,625 |
$66,564 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.028% |
1.028% |
1.028% |
1.028% |
1.028% |
| Property Taxes Dollar |
$4,196 |
$4,322 |
$4,452 |
$4,585 |
$4,723 |
| Insurance Percent |
1.675% |
1.675% |
1.675% |
1.675% |
1.675% |
| Insurance Dollar |
$6,837 |
$7,042 |
$7,254 |
$7,471 |
$7,695 |
| 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 |
$5,914 |
$6,092 |
$6,274 |
$6,463 |
$6,656 |
| 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 |
$16,948 |
$17,456 |
$17,980 |
$18,519 |
$19,075 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$42,194 |
$43,459 |
$44,763 |
$46,106 |
$47,489 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$29,412 |
$29,412 |
$29,412 |
$29,412 |
$29,412 |
| Principal |
$4,334 |
$4,625 |
$4,934 |
$5,265 |
$5,617 |
| Interest |
$25,078 |
$24,788 |
$24,478 |
$24,148 |
$23,795 |
| Loan Balance at End of Year |
$383,447 |
$378,823 |
$373,888 |
$368,624 |
$363,006 |
| 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 |
$3,296 |
$3,296 |
$3,296 |
$3,296 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$36,990 |
$54,227 |
$72,153 |
$90,799 |
$110,199 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$9,485 |
$10,751 |
$12,055 |
$13,397 |
$18,077 |
| Monhtly Cash Flow |
$790 |
$896 |
$1,005 |
$1,116 |
$1,506 |
| Cash on Cash Return on Investment |
0.387% |
0.439% |
0.492% |
0.547% |
0.738% |
| 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 |