Orlando Deal Analysis
Let's look at deal analysis for Orlando, 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 Orlando, Florida Nomad™ Property with 10% Higher Rents
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Typical Orlando, Florida Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$339,229
|
|
Purchase Price
|
|
$339,229
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$16,961
|
|
Closing Costs
|
1.000%
|
$3,392
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$54
|
|
Total Invested
|
|
$20,407
|
|
Mortgage
|
|
Mortgage Amount
|
|
$322,267.55
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$228.27
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,463
$3462.69
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,247
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Property Taxes
|
1.028%
|
$3,487
|
|
Property Insurance
|
1.674%
|
$5,679
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$50,884
|
|
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 |
$349,406 |
$359,888 |
$370,685 |
$381,805 |
$393,259 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$10,177 |
$10,482 |
$10,797 |
$11,121 |
$11,454 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,463 |
$3,567 |
$3,674 |
$3,784 |
$3,897 |
| 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 |
$3,463 |
$3,567 |
$3,674 |
$3,784 |
$3,897 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$104 |
$107 |
$110 |
$114 |
$117 |
| Monthly Gross Operating Income |
$3,359 |
$3,460 |
$3,563 |
$3,670 |
$3,780 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,552 |
$42,799 |
$44,083 |
$45,405 |
$46,767 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,552 |
$42,799 |
$44,083 |
$45,405 |
$46,767 |
| Annual Vacancy Dollar |
$1,247 |
$1,284 |
$1,322 |
$1,362 |
$1,403 |
| Annual Gross Operating Income |
$40,306 |
$41,515 |
$42,760 |
$44,043 |
$45,364 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.028% |
1.028% |
1.028% |
1.028% |
1.028% |
| Property Taxes Dollar |
$3,487 |
$3,592 |
$3,700 |
$3,811 |
$3,925 |
| Insurance Percent |
1.674% |
1.674% |
1.674% |
1.674% |
1.674% |
| Insurance Dollar |
$5,679 |
$5,849 |
$6,025 |
$6,205 |
$6,391 |
| 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 |
$4,031 |
$4,151 |
$4,276 |
$4,404 |
$4,536 |
| 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 |
$13,197 |
$13,592 |
$14,000 |
$14,420 |
$14,853 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,109 |
$27,922 |
$28,760 |
$29,623 |
$30,512 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$24,443 |
$24,443 |
$24,443 |
$24,443 |
$24,443 |
| Principal |
$3,602 |
$3,843 |
$4,101 |
$4,375 |
$4,668 |
| Interest |
$20,841 |
$20,600 |
$20,343 |
$20,068 |
$19,775 |
| Loan Balance at End of Year |
$318,665 |
$314,822 |
$310,721 |
$306,346 |
$301,678 |
| 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 |
$2,739 |
$2,739 |
$2,739 |
$2,739 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$30,740 |
$45,066 |
$59,963 |
$75,459 |
$91,582 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$74 |
$740 |
$1,577 |
$2,440 |
$6,068 |
| Monhtly Cash Flow |
-$6 |
$62 |
$131 |
$203 |
$506 |
| Cash on Cash Return on Investment |
-0.004% |
0.036% |
0.077% |
0.120% |
0.297% |
| 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 |