Largo Deal Analysis
Let's look at deal analysis for Largo, 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 Largo, Florida Nomad™ Property with 10% Higher Rents
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Typical Largo, 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
|
|
$310,683
|
|
Purchase Price
|
|
$310,683
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$15,534
|
|
Closing Costs
|
1.000%
|
$3,107
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$16,290
|
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Total Invested
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$34,931
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Mortgage
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Mortgage Amount
|
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$295,148.85
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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
|
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Private Mortgage Insurance
|
0.850%
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$209.06
|
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Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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$2,737
$2737.35
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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%
|
$985
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Property Taxes
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1.176%
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$3,654
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Property Insurance
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1.675%
|
$5,204
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|
HOA Dues
|
|
$0
|
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Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
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|
$0
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Maintenance
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10.000%
|
|
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CapEx
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|
$0
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Management
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0.000%
|
|
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Depreciation Details
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Land Value
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15.000%
|
$46,602
|
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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 |
$320,003 |
$329,604 |
$339,492 |
$349,676 |
$360,167 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$9,320 |
$9,600 |
$9,888 |
$10,185 |
$10,490 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,737 |
$2,819 |
$2,904 |
$2,991 |
$3,081 |
| 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 |
$2,737 |
$2,819 |
$2,904 |
$2,991 |
$3,081 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$82 |
$85 |
$87 |
$90 |
$92 |
| Monthly Gross Operating Income |
$2,655 |
$2,735 |
$2,817 |
$2,901 |
$2,988 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$32,848 |
$33,834 |
$34,849 |
$35,894 |
$36,971 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$32,848 |
$33,834 |
$34,849 |
$35,894 |
$36,971 |
| Annual Vacancy Dollar |
$985 |
$1,015 |
$1,045 |
$1,077 |
$1,109 |
| Annual Gross Operating Income |
$31,863 |
$32,819 |
$33,803 |
$34,817 |
$35,862 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.176% |
1.176% |
1.176% |
1.176% |
1.176% |
| Property Taxes Dollar |
$3,654 |
$3,763 |
$3,876 |
$3,992 |
$4,112 |
| Insurance Percent |
1.675% |
1.675% |
1.675% |
1.675% |
1.675% |
| Insurance Dollar |
$5,204 |
$5,360 |
$5,521 |
$5,686 |
$5,857 |
| 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 |
$3,186 |
$3,282 |
$3,380 |
$3,482 |
$3,586 |
| 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 |
$12,044 |
$12,405 |
$12,777 |
$13,161 |
$13,555 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$19,819 |
$20,413 |
$21,026 |
$21,657 |
$22,306 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$22,386 |
$22,386 |
$22,386 |
$22,386 |
$22,386 |
| Principal |
$3,299 |
$3,520 |
$3,756 |
$4,007 |
$4,275 |
| Interest |
$19,088 |
$18,867 |
$18,631 |
$18,379 |
$18,111 |
| Loan Balance at End of Year |
$291,850 |
$288,330 |
$284,574 |
$280,567 |
$276,292 |
| 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 |
$2,509 |
$2,509 |
$2,509 |
$2,509 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$28,154 |
$41,274 |
$54,917 |
$69,109 |
$83,875 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,076 |
-$4,482 |
-$3,869 |
-$3,239 |
-$80 |
| Monhtly Cash Flow |
-$423 |
-$373 |
-$322 |
-$270 |
-$7 |
| Cash on Cash Return on Investment |
-0.145% |
-0.128% |
-0.111% |
-0.093% |
-0.002% |
| 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 |