Rochester Deal Analysis
Let's look at deal analysis for Rochester, NY 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 Rochester, New York Nomad™ Property with 10% Higher Rents
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Typical Rochester, New York 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
|
|
$147,618
|
|
Purchase Price
|
|
$147,618
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$7,381
|
|
Closing Costs
|
1.000%
|
$1,476
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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|
$8,857
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|
Mortgage
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|
Mortgage Amount
|
|
$140,237.10
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|
Mortgage Interest Rate
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6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$99.33
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|
Drop PMI LTV
|
80.000%
|
|
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Income
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Monthly Rent
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$2,298
$2298.45
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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%
|
$827
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Property Taxes
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3.359%
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$4,958
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|
Property Insurance
|
0.344%
|
$508
|
|
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
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|
$0
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Management
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0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$22,143
|
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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 |
$152,047 |
$156,608 |
$161,306 |
$166,145 |
$171,130 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,429 |
$4,561 |
$4,698 |
$4,839 |
$4,984 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,298 |
$2,367 |
$2,438 |
$2,512 |
$2,587 |
| 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 |
$2,298 |
$2,367 |
$2,438 |
$2,512 |
$2,587 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$69 |
$71 |
$73 |
$75 |
$78 |
| Monthly Gross Operating Income |
$2,229 |
$2,296 |
$2,365 |
$2,436 |
$2,509 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$27,581 |
$28,409 |
$29,261 |
$30,139 |
$31,043 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$27,581 |
$28,409 |
$29,261 |
$30,139 |
$31,043 |
| Annual Vacancy Dollar |
$827 |
$852 |
$878 |
$904 |
$931 |
| Annual Gross Operating Income |
$26,754 |
$27,557 |
$28,383 |
$29,235 |
$30,112 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
3.359% |
3.359% |
3.359% |
3.359% |
3.359% |
| Property Taxes Dollar |
$4,958 |
$5,107 |
$5,260 |
$5,418 |
$5,581 |
| Insurance Percent |
0.344% |
0.344% |
0.344% |
0.344% |
0.344% |
| Insurance Dollar |
$508 |
$523 |
$539 |
$555 |
$572 |
| 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 |
$2,675 |
$2,756 |
$2,838 |
$2,923 |
$3,011 |
| 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 |
$8,142 |
$8,386 |
$8,638 |
$8,897 |
$9,164 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$18,612 |
$19,171 |
$19,746 |
$20,338 |
$20,948 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$10,637 |
$10,637 |
$10,637 |
$10,637 |
$10,637 |
| Principal |
$1,567 |
$1,672 |
$1,784 |
$1,904 |
$2,031 |
| Interest |
$9,069 |
$8,964 |
$8,852 |
$8,733 |
$8,605 |
| Loan Balance at End of Year |
$138,670 |
$136,997 |
$135,213 |
$133,309 |
$131,278 |
| 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 |
$1,192 |
$1,192 |
$1,192 |
$1,192 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$13,377 |
$19,611 |
$26,093 |
$32,836 |
$39,852 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$6,784 |
$7,342 |
$7,917 |
$8,509 |
$10,312 |
| Monhtly Cash Flow |
$565 |
$612 |
$660 |
$709 |
$859 |
| Cash on Cash Return on Investment |
0.766% |
0.829% |
0.894% |
0.961% |
1.164% |
| 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 |