Savannah Deal Analysis
Let's look at deal analysis for Savannah, GA 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 Savannah, Georgia Nomad™ Property with 10% Higher Rents
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Typical Savannah, Georgia Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$235,881
|
|
Purchase Price
|
|
$235,881
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$11,794
|
|
Closing Costs
|
1.000%
|
$2,359
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$47
|
|
Total Invested
|
|
$14,200
|
|
Mortgage
|
|
Mortgage Amount
|
|
$224,086.95
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$158.73
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,252
$2252.25
|
|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$811
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Property Taxes
|
1.138%
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$2,684
|
|
Property Insurance
|
0.878%
|
$2,071
|
|
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%
|
$35,382
|
|
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 |
$242,957 |
$250,246 |
$257,754 |
$265,486 |
$273,451 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,076 |
$7,289 |
$7,507 |
$7,733 |
$7,965 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,252 |
$2,320 |
$2,389 |
$2,461 |
$2,535 |
| 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 |
$2,252 |
$2,320 |
$2,389 |
$2,461 |
$2,535 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$68 |
$70 |
$72 |
$74 |
$76 |
| Monthly Gross Operating Income |
$2,185 |
$2,250 |
$2,318 |
$2,387 |
$2,459 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$27,027 |
$27,838 |
$28,673 |
$29,533 |
$30,419 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$27,027 |
$27,838 |
$28,673 |
$29,533 |
$30,419 |
| Annual Vacancy Dollar |
$811 |
$835 |
$860 |
$886 |
$913 |
| Annual Gross Operating Income |
$26,216 |
$27,003 |
$27,813 |
$28,647 |
$29,507 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.138% |
1.138% |
1.138% |
1.138% |
1.138% |
| Property Taxes Dollar |
$2,684 |
$2,765 |
$2,848 |
$2,933 |
$3,021 |
| Insurance Percent |
0.878% |
0.878% |
0.878% |
0.878% |
0.878% |
| Insurance Dollar |
$2,071 |
$2,133 |
$2,197 |
$2,263 |
$2,331 |
| 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 |
$2,622 |
$2,700 |
$2,781 |
$2,865 |
$2,951 |
| 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 |
$7,377 |
$7,598 |
$7,826 |
$8,061 |
$8,303 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$18,839 |
$19,404 |
$19,987 |
$20,586 |
$21,204 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$16,997 |
$16,997 |
$16,997 |
$16,997 |
$16,997 |
| Principal |
$2,505 |
$2,672 |
$2,851 |
$3,042 |
$3,246 |
| Interest |
$14,492 |
$14,324 |
$14,145 |
$13,954 |
$13,750 |
| Loan Balance at End of Year |
$221,582 |
$218,910 |
$216,059 |
$213,016 |
$209,770 |
| 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 |
$1,905 |
$1,905 |
$1,905 |
$1,905 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$21,375 |
$31,336 |
$41,695 |
$52,470 |
$63,681 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$62 |
$503 |
$1,085 |
$1,685 |
$4,207 |
| Monhtly Cash Flow |
-$5 |
$42 |
$90 |
$140 |
$351 |
| Cash on Cash Return on Investment |
-0.004% |
0.035% |
0.076% |
0.119% |
0.296% |
| 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 |