Clarksville Deal Analysis
Let's look at deal analysis for Clarksville, TN 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 Clarksville, Tennessee Nomad™ Property with 10% Higher Rents
|
Typical Clarksville, Tennessee Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$253,243
|
|
Purchase Price
|
|
$253,243
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$12,662
|
|
Closing Costs
|
1.000%
|
$2,532
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$42,288
|
|
Total Invested
|
|
$57,483
|
|
Mortgage
|
|
Mortgage Amount
|
|
$240,580.85
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$170.41
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,733
$1732.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$624
|
|
Property Taxes
|
0.910%
|
$2,305
|
|
Property Insurance
|
1.131%
|
$2,864
|
|
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%
|
$37,986
|
|
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 |
$260,840 |
$268,665 |
$276,725 |
$285,027 |
$293,578 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,597 |
$7,825 |
$8,060 |
$8,302 |
$8,551 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,733 |
$1,784 |
$1,838 |
$1,893 |
$1,950 |
| 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 |
$1,733 |
$1,784 |
$1,838 |
$1,893 |
$1,950 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$52 |
$54 |
$55 |
$57 |
$58 |
| Monthly Gross Operating Income |
$1,681 |
$1,731 |
$1,783 |
$1,836 |
$1,891 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$20,790 |
$21,414 |
$22,056 |
$22,718 |
$23,399 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$20,790 |
$21,414 |
$22,056 |
$22,718 |
$23,399 |
| Annual Vacancy Dollar |
$624 |
$642 |
$662 |
$682 |
$702 |
| Annual Gross Operating Income |
$20,166 |
$20,771 |
$21,394 |
$22,036 |
$22,697 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.910% |
0.910% |
0.910% |
0.910% |
0.910% |
| Property Taxes Dollar |
$2,305 |
$2,374 |
$2,445 |
$2,518 |
$2,594 |
| Insurance Percent |
1.131% |
1.131% |
1.131% |
1.131% |
1.131% |
| Insurance Dollar |
$2,864 |
$2,950 |
$3,039 |
$3,130 |
$3,224 |
| 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 |
$2,017 |
$2,077 |
$2,139 |
$2,204 |
$2,270 |
| 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 |
$7,185 |
$7,401 |
$7,623 |
$7,852 |
$8,087 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$12,981 |
$13,370 |
$13,772 |
$14,185 |
$14,610 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$18,248 |
$18,248 |
$18,248 |
$18,248 |
$18,248 |
| Principal |
$2,689 |
$2,869 |
$3,061 |
$3,266 |
$3,485 |
| Interest |
$15,559 |
$15,378 |
$15,186 |
$14,981 |
$14,763 |
| Loan Balance at End of Year |
$237,892 |
$235,023 |
$231,962 |
$228,695 |
$225,210 |
| 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 |
$2,045 |
$2,045 |
$2,045 |
$2,045 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$22,948 |
$33,643 |
$44,764 |
$56,332 |
$68,368 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,312 |
-$6,922 |
-$6,521 |
-$6,108 |
-$3,637 |
| Monhtly Cash Flow |
-$609 |
-$577 |
-$543 |
-$509 |
-$303 |
| Cash on Cash Return on Investment |
-0.127% |
-0.120% |
-0.113% |
-0.106% |
-0.063% |
| 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 |