Jackson Deal Analysis
Let's look at deal analysis for Jackson, MS 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 Jackson, Mississippi Nomad™ Property with 10% Higher Rents
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Typical Jackson, Mississippi 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
|
|
$73,019
|
|
Purchase Price
|
|
$73,019
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$3,651
|
|
Closing Costs
|
1.000%
|
$730
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$4,381
|
|
Mortgage
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|
Mortgage Amount
|
|
$69,368.05
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$49.14
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,311
$1310.93
|
|
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%
|
$472
|
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Property Taxes
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1.413%
|
$1,032
|
|
Property Insurance
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2.379%
|
$1,737
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$10,953
|
|
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 |
$75,210 |
$77,466 |
$79,790 |
$82,184 |
$84,649 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$2,191 |
$2,256 |
$2,324 |
$2,394 |
$2,466 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,311 |
$1,350 |
$1,391 |
$1,432 |
$1,475 |
| 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 |
$1,311 |
$1,350 |
$1,391 |
$1,432 |
$1,475 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$39 |
$41 |
$42 |
$43 |
$44 |
| Monthly Gross Operating Income |
$1,272 |
$1,310 |
$1,349 |
$1,390 |
$1,431 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$15,731 |
$16,203 |
$16,689 |
$17,190 |
$17,706 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$15,731 |
$16,203 |
$16,689 |
$17,190 |
$17,706 |
| Annual Vacancy Dollar |
$472 |
$486 |
$501 |
$516 |
$531 |
| Annual Gross Operating Income |
$15,259 |
$15,717 |
$16,189 |
$16,674 |
$17,174 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.413% |
1.413% |
1.413% |
1.413% |
1.413% |
| Property Taxes Dollar |
$1,032 |
$1,063 |
$1,095 |
$1,127 |
$1,161 |
| Insurance Percent |
2.379% |
2.379% |
2.379% |
2.379% |
2.379% |
| Insurance Dollar |
$1,737 |
$1,789 |
$1,843 |
$1,898 |
$1,955 |
| 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 |
$1,526 |
$1,572 |
$1,619 |
$1,667 |
$1,717 |
| 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 |
$4,295 |
$4,424 |
$4,556 |
$4,693 |
$4,834 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$10,964 |
$11,293 |
$11,632 |
$11,981 |
$12,341 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$5,261 |
$5,261 |
$5,261 |
$5,261 |
$5,261 |
| Principal |
$775 |
$827 |
$883 |
$942 |
$1,005 |
| Interest |
$4,486 |
$4,434 |
$4,379 |
$4,320 |
$4,257 |
| Loan Balance at End of Year |
$68,593 |
$67,766 |
$66,883 |
$65,941 |
$64,936 |
| 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 |
$590 |
$590 |
$590 |
$590 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$6,617 |
$9,700 |
$12,907 |
$16,242 |
$19,713 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$5,113 |
$5,442 |
$5,781 |
$6,130 |
$7,079 |
| Monhtly Cash Flow |
$426 |
$454 |
$482 |
$511 |
$590 |
| Cash on Cash Return on Investment |
1.167% |
1.242% |
1.320% |
1.399% |
1.616% |
| 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 |