Oklahoma City Deal Analysis
Let's look at deal analysis for Oklahoma City, 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 Oklahoma City, Oklahoma Nomad™ Property with 10% Higher Rents
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Typical Oklahoma City, Oklahoma 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
|
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$171,925
|
|
Purchase Price
|
|
$171,925
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$8,596
|
|
Closing Costs
|
1.000%
|
$1,719
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|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$10,316
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Mortgage
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|
Mortgage Amount
|
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$163,328.75
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
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|
360
|
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Private Mortgage Insurance
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0.850%
|
$115.69
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Drop PMI LTV
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80.000%
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|
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Income
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Monthly Rent
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$2,479
$2478.63
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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%
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$892
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Property Taxes
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1.204%
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$2,070
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Property Insurance
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3.010%
|
$5,175
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|
HOA Dues
|
|
$0
|
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Utilities
|
|
$0
|
|
Other Expenses 1
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|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
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10.000%
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|
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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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|
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Depreciation Details
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Land Value
|
15.000%
|
$25,789
|
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Property Type (C or R)
|
R
|
27.5
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|
Effective Income Tax Rate
|
15.000%
|
|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$177,083 |
$182,395 |
$187,867 |
$193,503 |
$199,308 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,158 |
$5,312 |
$5,472 |
$5,636 |
$5,805 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,479 |
$2,553 |
$2,630 |
$2,708 |
$2,790 |
| 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 |
$2,479 |
$2,553 |
$2,630 |
$2,708 |
$2,790 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$74 |
$77 |
$79 |
$81 |
$84 |
| Monthly Gross Operating Income |
$2,404 |
$2,476 |
$2,551 |
$2,627 |
$2,706 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$29,744 |
$30,636 |
$31,555 |
$32,502 |
$33,477 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$29,744 |
$30,636 |
$31,555 |
$32,502 |
$33,477 |
| Annual Vacancy Dollar |
$892 |
$919 |
$947 |
$975 |
$1,004 |
| Annual Gross Operating Income |
$28,851 |
$29,717 |
$30,608 |
$31,527 |
$32,472 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.204% |
1.204% |
1.204% |
1.204% |
1.204% |
| Property Taxes Dollar |
$2,070 |
$2,132 |
$2,196 |
$2,262 |
$2,330 |
| Insurance Percent |
3.010% |
3.010% |
3.010% |
3.010% |
3.010% |
| Insurance Dollar |
$5,175 |
$5,330 |
$5,490 |
$5,655 |
$5,824 |
| 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 |
$2,885 |
$2,972 |
$3,061 |
$3,153 |
$3,247 |
| 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 |
$10,130 |
$10,434 |
$10,747 |
$11,069 |
$11,401 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$18,721 |
$19,283 |
$19,861 |
$20,457 |
$21,071 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$12,388 |
$12,388 |
$12,388 |
$12,388 |
$12,388 |
| Principal |
$1,826 |
$1,948 |
$2,078 |
$2,217 |
$2,366 |
| Interest |
$10,563 |
$10,440 |
$10,310 |
$10,171 |
$10,022 |
| Loan Balance at End of Year |
$161,503 |
$159,555 |
$157,477 |
$155,260 |
$152,894 |
| 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 |
$1,388 |
$1,388 |
$1,388 |
$1,388 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$15,580 |
$22,840 |
$30,390 |
$38,244 |
$46,415 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$4,945 |
$5,506 |
$6,085 |
$6,681 |
$8,683 |
| Monhtly Cash Flow |
$412 |
$459 |
$507 |
$557 |
$724 |
| Cash on Cash Return on Investment |
0.479% |
0.534% |
0.590% |
0.648% |
0.842% |
| 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 |