Broken Arrow Deal Analysis
Let's look at deal analysis for Broken Arrow, OK 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 Broken Arrow, Oklahoma Nomad™ Property with 10% Higher Rents
Typical Broken Arrow, Oklahoma Nomad™ Property with 10% Higher Rents
|
Purchase Inputs
|
|
Percents
|
Dollars/#
|
ARV
|
|
$218,433
|
Purchase Price
|
|
$218,433
|
Seller Concessions
|
—
|
$0
|
Down Payment
|
5.000%
|
$10,922
|
Closing Costs
|
1.000%
|
$2,184
|
Rent Ready Costs
|
|
$0
|
Cumulative Negative Cash Flow
|
|
$17,487
|
Total Invested
|
|
$30,593
|
Mortgage
|
Mortgage Amount
|
|
$207,511.35
|
Mortgage Interest Rate
|
6.500%
|
|
Loan Term
|
|
360
|
Private Mortgage Insurance
|
0.850%
|
$146.99
|
Drop PMI LTV
|
80.000%
|
|
Income
|
Monthly Rent
|
|
$2,108
$2107.88
|
Other Income
|
|
$0
|
Annual Expenses
|
Vacancy Rate
|
3.000%
|
$759
|
Property Taxes
|
1.164%
|
$2,543
|
Property Insurance
|
3.010%
|
$6,575
|
HOA Dues
|
|
$0
|
Utilities
|
|
$0
|
Other Expenses 1
|
|
$0
|
Other Expenses 2
|
|
$0
|
Maintenance
|
10.000%
|
|
CapEx
|
|
$0
|
Management
|
0.000%
|
|
Depreciation Details
|
Land Value
|
15.000%
|
$32,765
|
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 |
$224,986 |
$231,736 |
$238,688 |
$245,848 |
$253,224 |
Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Appreciation Dollar |
$6,553 |
$6,750 |
$6,952 |
$7,161 |
$7,375 |
Monthly Income |
1 |
2 |
3 |
4 |
5 |
Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Rent |
$2,108 |
$2,171 |
$2,236 |
$2,303 |
$2,372 |
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 |
$2,108 |
$2,171 |
$2,236 |
$2,303 |
$2,372 |
Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Vacancy Dollar |
$63 |
$65 |
$67 |
$69 |
$71 |
Monthly Gross Operating Income |
$2,045 |
$2,106 |
$2,169 |
$2,234 |
$2,301 |
Annual Income |
1 |
2 |
3 |
4 |
5 |
Annual Rent |
$25,295 |
$26,053 |
$26,835 |
$27,640 |
$28,469 |
Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
Annual Gross Potential Income |
$25,295 |
$26,053 |
$26,835 |
$27,640 |
$28,469 |
Annual Vacancy Dollar |
$759 |
$782 |
$805 |
$829 |
$854 |
Annual Gross Operating Income |
$24,536 |
$25,272 |
$26,030 |
$26,811 |
$27,615 |
Annual Expenses |
1 |
2 |
3 |
4 |
5 |
Property Taxes Percent |
1.164% |
1.164% |
1.164% |
1.164% |
1.164% |
Property Taxes Dollar |
$2,543 |
$2,619 |
$2,697 |
$2,778 |
$2,862 |
Insurance Percent |
3.010% |
3.010% |
3.010% |
3.010% |
3.010% |
Insurance Dollar |
$6,575 |
$6,772 |
$6,975 |
$7,184 |
$7,400 |
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 |
$2,454 |
$2,527 |
$2,603 |
$2,681 |
$2,762 |
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 |
$11,571 |
$11,918 |
$12,276 |
$12,644 |
$13,023 |
Net Operating Income |
1 |
2 |
3 |
4 |
5 |
Net Operating Income (NOI) |
$12,965 |
$13,354 |
$13,754 |
$14,167 |
$14,592 |
Mortgage |
1 |
2 |
3 |
4 |
5 |
Total Annual P&I Payments |
$15,739 |
$15,739 |
$15,739 |
$15,739 |
$15,739 |
Principal |
$2,319 |
$2,475 |
$2,640 |
$2,817 |
$3,006 |
Interest |
$13,420 |
$13,265 |
$13,099 |
$12,922 |
$12,733 |
Loan Balance at End of Year |
$205,192 |
$202,717 |
$200,077 |
$197,260 |
$194,254 |
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 |
$1,764 |
$1,764 |
$1,764 |
$1,764 |
$0 |
Equity |
1 |
2 |
3 |
4 |
5 |
ARV - Loan Balance at End of Year |
$19,794 |
$29,018 |
$38,611 |
$48,589 |
$58,970 |
Cash Flow |
1 |
2 |
3 |
4 |
5 |
Annual Cash Flow |
-$4,538 |
-$4,149 |
-$3,749 |
-$3,336 |
-$1,147 |
Monhtly Cash Flow |
-$378 |
-$346 |
-$312 |
-$278 |
-$96 |
Cash on Cash Return on Investment |
-0.148% |
-0.136% |
-0.123% |
-0.109% |
-0.038% |
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 |