Naperville Deal Analysis
Let's look at deal analysis for Naperville, IL 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 Naperville, Illinois Nomad™ Property with 10% Higher Rents
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Typical Naperville, Illinois 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
|
|
$453,092
|
|
Purchase Price
|
|
$453,092
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$22,655
|
|
Closing Costs
|
1.000%
|
$4,531
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$45,945
|
|
Total Invested
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|
$73,130
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Mortgage
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|
Mortgage Amount
|
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$430,437.40
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|
Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$304.89
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$3,754
$3753.75
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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%
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$1,351
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Property Taxes
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2.210%
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$10,013
|
|
Property Insurance
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0.786%
|
$3,561
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$67,964
|
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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 |
$466,685 |
$480,685 |
$495,106 |
$509,959 |
$525,258 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,593 |
$14,001 |
$14,421 |
$14,853 |
$15,299 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,754 |
$3,866 |
$3,982 |
$4,102 |
$4,225 |
| 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 |
$3,754 |
$3,866 |
$3,982 |
$4,102 |
$4,225 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$113 |
$116 |
$119 |
$123 |
$127 |
| Monthly Gross Operating Income |
$3,641 |
$3,750 |
$3,863 |
$3,979 |
$4,098 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$45,045 |
$46,396 |
$47,788 |
$49,222 |
$50,699 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$45,045 |
$46,396 |
$47,788 |
$49,222 |
$50,699 |
| Annual Vacancy Dollar |
$1,351 |
$1,392 |
$1,434 |
$1,477 |
$1,521 |
| Annual Gross Operating Income |
$43,694 |
$45,004 |
$46,355 |
$47,745 |
$49,178 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.210% |
2.210% |
2.210% |
2.210% |
2.210% |
| Property Taxes Dollar |
$10,013 |
$10,314 |
$10,623 |
$10,942 |
$11,270 |
| Insurance Percent |
0.786% |
0.786% |
0.786% |
0.786% |
0.786% |
| Insurance Dollar |
$3,561 |
$3,668 |
$3,778 |
$3,892 |
$4,008 |
| 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 |
$4,369 |
$4,500 |
$4,635 |
$4,775 |
$4,918 |
| 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 |
$17,944 |
$18,482 |
$19,037 |
$19,608 |
$20,196 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$25,750 |
$26,522 |
$27,318 |
$28,137 |
$28,981 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$32,648 |
$32,648 |
$32,648 |
$32,648 |
$32,648 |
| Principal |
$4,811 |
$5,133 |
$5,477 |
$5,844 |
$6,235 |
| Interest |
$27,837 |
$27,515 |
$27,171 |
$26,804 |
$26,413 |
| Loan Balance at End of Year |
$425,626 |
$420,493 |
$415,016 |
$409,172 |
$402,936 |
| 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 |
$3,659 |
$3,659 |
$3,659 |
$3,659 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$41,059 |
$60,192 |
$80,090 |
$100,787 |
$122,321 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$10,557 |
-$9,784 |
-$8,989 |
-$8,169 |
-$3,666 |
| Monhtly Cash Flow |
-$880 |
-$815 |
-$749 |
-$681 |
-$306 |
| Cash on Cash Return on Investment |
-0.144% |
-0.134% |
-0.123% |
-0.112% |
-0.050% |
| 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 |