Abilene Deal Analysis
Let's look at deal analysis for Abilene, TX 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 Abilene, Texas Nomad™ Property with 10% Higher Rents
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Typical Abilene, Texas 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
|
|
$163,053
|
|
Purchase Price
|
|
$163,053
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$8,153
|
|
Closing Costs
|
1.000%
|
$1,631
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$9,783
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Mortgage
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|
Mortgage Amount
|
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$154,900.35
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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
|
0.850%
|
$109.72
|
|
Drop PMI LTV
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80.000%
|
|
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Income
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|
Monthly Rent
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|
$1,802
$1801.80
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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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$649
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Property Taxes
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2.097%
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$3,419
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Property Insurance
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1.419%
|
$2,314
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HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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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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Depreciation Details
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|
Land Value
|
15.000%
|
$24,458
|
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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 |
$167,945 |
$172,983 |
$178,172 |
$183,518 |
$189,023 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,892 |
$5,038 |
$5,189 |
$5,345 |
$5,506 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,802 |
$1,856 |
$1,912 |
$1,969 |
$2,028 |
| 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 |
$1,802 |
$1,856 |
$1,912 |
$1,969 |
$2,028 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$54 |
$56 |
$57 |
$59 |
$61 |
| Monthly Gross Operating Income |
$1,748 |
$1,800 |
$1,854 |
$1,910 |
$1,967 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$21,622 |
$22,270 |
$22,938 |
$23,627 |
$24,335 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$21,622 |
$22,270 |
$22,938 |
$23,627 |
$24,335 |
| Annual Vacancy Dollar |
$649 |
$668 |
$688 |
$709 |
$730 |
| Annual Gross Operating Income |
$20,973 |
$21,602 |
$22,250 |
$22,918 |
$23,605 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.097% |
2.097% |
2.097% |
2.097% |
2.097% |
| Property Taxes Dollar |
$3,419 |
$3,522 |
$3,627 |
$3,736 |
$3,848 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$2,314 |
$2,383 |
$2,455 |
$2,528 |
$2,604 |
| 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 |
$2,097 |
$2,160 |
$2,225 |
$2,292 |
$2,361 |
| 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 |
$7,830 |
$8,065 |
$8,307 |
$8,556 |
$8,813 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,143 |
$13,537 |
$13,943 |
$14,361 |
$14,792 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$11,749 |
$11,749 |
$11,749 |
$11,749 |
$11,749 |
| Principal |
$1,731 |
$1,847 |
$1,971 |
$2,103 |
$2,244 |
| Interest |
$10,018 |
$9,902 |
$9,778 |
$9,646 |
$9,505 |
| Loan Balance at End of Year |
$153,169 |
$151,322 |
$149,350 |
$147,247 |
$145,003 |
| 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 |
$1,317 |
$1,317 |
$1,317 |
$1,317 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$14,776 |
$21,661 |
$28,822 |
$36,270 |
$44,020 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$77 |
$471 |
$877 |
$1,296 |
$3,043 |
| Monhtly Cash Flow |
$6 |
$39 |
$73 |
$108 |
$254 |
| Cash on Cash Return on Investment |
0.008% |
0.048% |
0.090% |
0.132% |
0.311% |
| 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 |