Baltimore Deal Analysis
Let's look at deal analysis for Baltimore, MD 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 Baltimore, Maryland Nomad™ Property with 10% Higher Rents
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Typical Baltimore, Maryland 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/#
|
|
ARV
|
|
$183,675
|
|
Purchase Price
|
|
$183,675
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$9,184
|
|
Closing Costs
|
1.000%
|
$1,837
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$11,021
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|
Mortgage
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|
Mortgage Amount
|
|
$174,491.25
|
|
Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$123.60
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,003
$3003.00
|
|
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%
|
$1,081
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Property Taxes
|
1.852%
|
$3,402
|
|
Property Insurance
|
0.276%
|
$507
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
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Maintenance
|
10.000%
|
|
|
CapEx
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|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$27,551
|
|
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 |
$189,185 |
$194,861 |
$200,707 |
$206,728 |
$212,930 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,510 |
$5,676 |
$5,846 |
$6,021 |
$6,202 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,003 |
$3,093 |
$3,186 |
$3,281 |
$3,380 |
| 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 |
$3,003 |
$3,093 |
$3,186 |
$3,281 |
$3,380 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$90 |
$93 |
$96 |
$98 |
$101 |
| Monthly Gross Operating Income |
$2,913 |
$3,000 |
$3,090 |
$3,183 |
$3,279 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$36,036 |
$37,117 |
$38,231 |
$39,378 |
$40,559 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$36,036 |
$37,117 |
$38,231 |
$39,378 |
$40,559 |
| Annual Vacancy Dollar |
$1,081 |
$1,114 |
$1,147 |
$1,181 |
$1,217 |
| Annual Gross Operating Income |
$34,955 |
$36,004 |
$37,084 |
$38,196 |
$39,342 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.852% |
1.852% |
1.852% |
1.852% |
1.852% |
| Property Taxes Dollar |
$3,402 |
$3,504 |
$3,609 |
$3,717 |
$3,829 |
| Insurance Percent |
0.276% |
0.276% |
0.276% |
0.276% |
0.276% |
| Insurance Dollar |
$507 |
$522 |
$538 |
$554 |
$571 |
| 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 |
$3,495 |
$3,600 |
$3,708 |
$3,820 |
$3,934 |
| 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 |
$7,404 |
$7,626 |
$7,855 |
$8,091 |
$8,333 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,551 |
$28,377 |
$29,229 |
$30,106 |
$31,009 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$13,235 |
$13,235 |
$13,235 |
$13,235 |
$13,235 |
| Principal |
$1,950 |
$2,081 |
$2,220 |
$2,369 |
$2,528 |
| Interest |
$11,285 |
$11,154 |
$11,015 |
$10,866 |
$10,707 |
| Loan Balance at End of Year |
$172,541 |
$170,460 |
$168,240 |
$165,871 |
$163,343 |
| 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 |
$1,483 |
$1,483 |
$1,483 |
$1,483 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$16,644 |
$24,401 |
$32,467 |
$40,857 |
$49,586 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$12,833 |
$13,659 |
$14,511 |
$15,388 |
$17,774 |
| Monhtly Cash Flow |
$1,069 |
$1,138 |
$1,209 |
$1,282 |
$1,481 |
| Cash on Cash Return on Investment |
1.164% |
1.239% |
1.317% |
1.396% |
1.613% |
| 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 |