Broken Arrow Deal Analysis

Let's look at deal analysis for Broken Arrow, OK and for 15 Buy 10 Nomads™ with 10% Higher Rents.

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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