Bend Deal Analysis
Let's look at deal analysis for Bend, OR 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 Bend, Oregon Nomad™ Property with 10% Higher Rents
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Typical Bend, Oregon Nomad™ Property with 10% Higher Rents
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|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$688,173
|
|
Purchase Price
|
|
$688,173
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$34,409
|
|
Closing Costs
|
1.000%
|
$6,882
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$168,578
|
|
Total Invested
|
|
$209,869
|
|
Mortgage
|
|
Mortgage Amount
|
|
$653,764.35
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$463.08
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,812
$3811.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,372
|
|
Property Taxes
|
0.867%
|
$5,966
|
|
Property Insurance
|
0.283%
|
$1,948
|
|
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%
|
$103,226
|
|
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 |
$708,818 |
$730,083 |
$751,985 |
$774,545 |
$797,781 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$20,645 |
$21,265 |
$21,902 |
$22,560 |
$23,236 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,812 |
$3,926 |
$4,044 |
$4,165 |
$4,290 |
| 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 |
$3,812 |
$3,926 |
$4,044 |
$4,165 |
$4,290 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$114 |
$118 |
$121 |
$125 |
$129 |
| Monthly Gross Operating Income |
$3,697 |
$3,808 |
$3,922 |
$4,040 |
$4,161 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$45,738 |
$47,110 |
$48,523 |
$49,979 |
$51,479 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$45,738 |
$47,110 |
$48,523 |
$49,979 |
$51,479 |
| Annual Vacancy Dollar |
$1,372 |
$1,413 |
$1,456 |
$1,499 |
$1,544 |
| Annual Gross Operating Income |
$44,366 |
$45,697 |
$47,068 |
$48,480 |
$49,934 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.867% |
0.867% |
0.867% |
0.867% |
0.867% |
| Property Taxes Dollar |
$5,966 |
$6,145 |
$6,330 |
$6,520 |
$6,715 |
| Insurance Percent |
0.283% |
0.283% |
0.283% |
0.283% |
0.283% |
| Insurance Dollar |
$1,948 |
$2,006 |
$2,066 |
$2,128 |
$2,192 |
| 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 |
$4,437 |
$4,570 |
$4,707 |
$4,848 |
$4,993 |
| 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 |
$12,351 |
$12,721 |
$13,103 |
$13,496 |
$13,901 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$32,015 |
$32,976 |
$33,965 |
$34,984 |
$36,033 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$49,587 |
$49,587 |
$49,587 |
$49,587 |
$49,587 |
| Principal |
$7,307 |
$7,797 |
$8,319 |
$8,876 |
$9,470 |
| Interest |
$42,280 |
$41,790 |
$41,268 |
$40,711 |
$40,116 |
| Loan Balance at End of Year |
$646,457 |
$638,660 |
$630,341 |
$621,465 |
$611,995 |
| 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 |
$5,557 |
$5,557 |
$5,557 |
$5,557 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$62,361 |
$91,422 |
$121,644 |
$153,079 |
$185,786 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$23,129 |
-$22,168 |
-$21,179 |
-$20,160 |
-$13,553 |
| Monhtly Cash Flow |
-$1,927 |
-$1,847 |
-$1,765 |
-$1,680 |
-$1,129 |
| Cash on Cash Return on Investment |
-0.110% |
-0.106% |
-0.101% |
-0.096% |
-0.065% |
| 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 |