Allentown Deal Analysis
Let's look at deal analysis for Allentown, PA 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 Allentown, Pennsylvania Nomad™ Property with 10% Higher Rents
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Typical Allentown, Pennsylvania 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/#
|
|
ARV
|
|
$218,049
|
|
Purchase Price
|
|
$218,049
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$10,902
|
|
Closing Costs
|
1.000%
|
$2,180
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$32,252
|
|
Total Invested
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|
$45,334
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Mortgage
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|
Mortgage Amount
|
|
$207,146.55
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Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$146.73
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$1,675
$1674.75
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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%
|
$603
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Property Taxes
|
2.213%
|
$4,825
|
|
Property Insurance
|
0.566%
|
$1,234
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$32,707
|
|
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 |
$224,590 |
$231,328 |
$238,268 |
$245,416 |
$252,779 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$6,541 |
$6,738 |
$6,940 |
$7,148 |
$7,362 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,675 |
$1,725 |
$1,777 |
$1,830 |
$1,885 |
| 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 |
$1,675 |
$1,725 |
$1,777 |
$1,830 |
$1,885 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$50 |
$52 |
$53 |
$55 |
$57 |
| Monthly Gross Operating Income |
$1,625 |
$1,673 |
$1,723 |
$1,775 |
$1,828 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$20,097 |
$20,700 |
$21,321 |
$21,961 |
$22,619 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$20,097 |
$20,700 |
$21,321 |
$21,961 |
$22,619 |
| Annual Vacancy Dollar |
$603 |
$621 |
$640 |
$659 |
$679 |
| Annual Gross Operating Income |
$19,494 |
$20,079 |
$20,681 |
$21,302 |
$21,941 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.213% |
2.213% |
2.213% |
2.213% |
2.213% |
| Property Taxes Dollar |
$4,825 |
$4,970 |
$5,119 |
$5,273 |
$5,431 |
| Insurance Percent |
0.566% |
0.566% |
0.566% |
0.566% |
0.566% |
| Insurance Dollar |
$1,234 |
$1,271 |
$1,309 |
$1,349 |
$1,389 |
| 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 |
$1,949 |
$2,008 |
$2,068 |
$2,130 |
$2,194 |
| 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 |
$8,009 |
$8,249 |
$8,497 |
$8,752 |
$9,014 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$11,485 |
$11,830 |
$12,185 |
$12,550 |
$12,927 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,712 |
$15,712 |
$15,712 |
$15,712 |
$15,712 |
| Principal |
$2,315 |
$2,470 |
$2,636 |
$2,812 |
$3,001 |
| Interest |
$13,396 |
$13,241 |
$13,076 |
$12,899 |
$12,711 |
| Loan Balance at End of Year |
$204,831 |
$202,361 |
$199,725 |
$196,912 |
$193,912 |
| 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 |
$1,761 |
$1,761 |
$1,761 |
$1,761 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$19,759 |
$28,967 |
$38,543 |
$48,504 |
$58,867 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,987 |
-$5,643 |
-$5,288 |
-$4,922 |
-$2,785 |
| Monhtly Cash Flow |
-$499 |
-$470 |
-$441 |
-$410 |
-$232 |
| Cash on Cash Return on Investment |
-0.132% |
-0.124% |
-0.117% |
-0.109% |
-0.061% |
| 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 |