Portland Deal Analysis
Let's look at deal analysis for Portland, 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 Portland, Oregon Nomad™ Property with 10% Higher Rents
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Typical Portland, Oregon Nomad™ Property with 10% Higher Rents
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Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$544,475
|
|
Purchase Price
|
|
$544,475
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$27,224
|
|
Closing Costs
|
1.000%
|
$5,445
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$38,546
|
|
Total Invested
|
|
$71,214
|
|
Mortgage
|
|
Mortgage Amount
|
|
$517,251.25
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$366.39
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,829
$3828.83
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,378
|
|
Property Taxes
|
1.022%
|
$5,565
|
|
Property Insurance
|
0.283%
|
$1,541
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$81,671
|
|
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 |
$560,809 |
$577,634 |
$594,963 |
$612,811 |
$631,196 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$16,334 |
$16,824 |
$17,329 |
$17,849 |
$18,384 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,829 |
$3,944 |
$4,062 |
$4,184 |
$4,309 |
| 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 |
$3,829 |
$3,944 |
$4,062 |
$4,184 |
$4,309 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$115 |
$118 |
$122 |
$126 |
$129 |
| Monthly Gross Operating Income |
$3,714 |
$3,825 |
$3,940 |
$4,058 |
$4,180 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$45,946 |
$47,324 |
$48,744 |
$50,206 |
$51,713 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$45,946 |
$47,324 |
$48,744 |
$50,206 |
$51,713 |
| Annual Vacancy Dollar |
$1,378 |
$1,420 |
$1,462 |
$1,506 |
$1,551 |
| Annual Gross Operating Income |
$44,568 |
$45,905 |
$47,282 |
$48,700 |
$50,161 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.022% |
1.022% |
1.022% |
1.022% |
1.022% |
| Property Taxes Dollar |
$5,565 |
$5,731 |
$5,903 |
$6,081 |
$6,263 |
| Insurance Percent |
0.283% |
0.283% |
0.283% |
0.283% |
0.283% |
| Insurance Dollar |
$1,541 |
$1,587 |
$1,635 |
$1,684 |
$1,734 |
| 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 |
$4,457 |
$4,590 |
$4,728 |
$4,870 |
$5,016 |
| 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 |
$11,562 |
$11,909 |
$12,266 |
$12,634 |
$13,013 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$33,005 |
$33,996 |
$35,015 |
$36,066 |
$37,148 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$39,233 |
$39,233 |
$39,233 |
$39,233 |
$39,233 |
| Principal |
$5,781 |
$6,169 |
$6,582 |
$7,023 |
$7,493 |
| Interest |
$33,451 |
$33,064 |
$32,651 |
$32,210 |
$31,740 |
| Loan Balance at End of Year |
$511,470 |
$505,301 |
$498,719 |
$491,697 |
$484,204 |
| 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 |
$4,397 |
$4,397 |
$4,397 |
$4,397 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$49,339 |
$72,332 |
$96,243 |
$121,115 |
$146,992 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$10,624 |
-$9,634 |
-$8,614 |
-$7,563 |
-$2,085 |
| Monhtly Cash Flow |
-$885 |
-$803 |
-$718 |
-$630 |
-$174 |
| Cash on Cash Return on Investment |
-0.149% |
-0.135% |
-0.121% |
-0.106% |
-0.029% |
| 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 |