Beaumont Deal Analysis
Let's look at deal analysis for Beaumont, 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 Beaumont, Texas Nomad™ Property with 10% Higher Rents
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Typical Beaumont, 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
|
|
$129,648
|
|
Purchase Price
|
|
$129,648
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$6,482
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|
Closing Costs
|
1.000%
|
$1,296
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|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$7,779
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Mortgage
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|
Mortgage Amount
|
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$123,165.60
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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
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0.850%
|
$87.24
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Drop PMI LTV
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80.000%
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|
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Income
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|
Monthly Rent
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|
$1,799
$1799.49
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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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$648
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Property Taxes
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2.582%
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$3,348
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Property Insurance
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1.419%
|
$1,840
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
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|
$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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|
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Depreciation Details
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Land Value
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15.000%
|
$19,447
|
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Property Type (C or R)
|
R
|
27.5
|
|
Effective Income Tax Rate
|
15.000%
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|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$133,537 |
$137,544 |
$141,670 |
$145,920 |
$150,298 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$3,889 |
$4,006 |
$4,126 |
$4,250 |
$4,378 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,799 |
$1,853 |
$1,909 |
$1,966 |
$2,025 |
| 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 |
$1,799 |
$1,853 |
$1,909 |
$1,966 |
$2,025 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$54 |
$56 |
$57 |
$59 |
$61 |
| Monthly Gross Operating Income |
$1,746 |
$1,798 |
$1,852 |
$1,907 |
$1,965 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$21,594 |
$22,242 |
$22,909 |
$23,596 |
$24,304 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$21,594 |
$22,242 |
$22,909 |
$23,596 |
$24,304 |
| Annual Vacancy Dollar |
$648 |
$667 |
$687 |
$708 |
$729 |
| Annual Gross Operating Income |
$20,946 |
$21,574 |
$22,222 |
$22,888 |
$23,575 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.582% |
2.582% |
2.582% |
2.582% |
2.582% |
| Property Taxes Dollar |
$3,348 |
$3,448 |
$3,551 |
$3,658 |
$3,768 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$1,840 |
$1,895 |
$1,952 |
$2,010 |
$2,071 |
| 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 |
$2,095 |
$2,157 |
$2,222 |
$2,289 |
$2,357 |
| 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 |
$7,282 |
$7,500 |
$7,725 |
$7,957 |
$8,196 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,664 |
$14,074 |
$14,496 |
$14,931 |
$15,379 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$9,342 |
$9,342 |
$9,342 |
$9,342 |
$9,342 |
| Principal |
$1,377 |
$1,469 |
$1,567 |
$1,672 |
$1,784 |
| Interest |
$7,965 |
$7,873 |
$7,775 |
$7,670 |
$7,558 |
| Loan Balance at End of Year |
$121,789 |
$120,320 |
$118,753 |
$117,081 |
$115,297 |
| 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 |
$1,047 |
$1,047 |
$1,047 |
$1,047 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$11,748 |
$17,223 |
$22,917 |
$28,839 |
$35,001 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,275 |
$3,685 |
$4,108 |
$4,542 |
$6,037 |
| Monhtly Cash Flow |
$273 |
$307 |
$342 |
$379 |
$503 |
| Cash on Cash Return on Investment |
0.421% |
0.474% |
0.528% |
0.584% |
0.776% |
| 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 |