Carrollton Deal Analysis
Let's look at deal analysis for Carrollton, 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 Carrollton, Texas Nomad™ Property with 10% Higher Rents
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Typical Carrollton, 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/#
|
|
ARV
|
|
$372,700
|
|
Purchase Price
|
|
$372,700
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$18,635
|
|
Closing Costs
|
1.000%
|
$3,727
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$43,883
|
|
Total Invested
|
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$66,245
|
|
Mortgage
|
|
Mortgage Amount
|
|
$354,065
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$250.80
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,130
$3130.05
|
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Other Income
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|
$0
|
|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,127
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Property Taxes
|
1.858%
|
$6,925
|
|
Property Insurance
|
1.419%
|
$5,289
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$55,905
|
|
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 |
$383,881 |
$395,397 |
$407,259 |
$419,477 |
$432,061 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,181 |
$11,516 |
$11,862 |
$12,218 |
$12,584 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,130 |
$3,224 |
$3,321 |
$3,420 |
$3,523 |
| 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 |
$3,130 |
$3,224 |
$3,321 |
$3,420 |
$3,523 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$94 |
$97 |
$100 |
$103 |
$106 |
| Monthly Gross Operating Income |
$3,036 |
$3,127 |
$3,221 |
$3,318 |
$3,417 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$37,561 |
$38,687 |
$39,848 |
$41,043 |
$42,275 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$37,561 |
$38,687 |
$39,848 |
$41,043 |
$42,275 |
| Annual Vacancy Dollar |
$1,127 |
$1,161 |
$1,195 |
$1,231 |
$1,268 |
| Annual Gross Operating Income |
$36,434 |
$37,527 |
$38,653 |
$39,812 |
$41,007 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.858% |
1.858% |
1.858% |
1.858% |
1.858% |
| Property Taxes Dollar |
$6,925 |
$7,133 |
$7,346 |
$7,567 |
$7,794 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$5,289 |
$5,447 |
$5,611 |
$5,779 |
$5,952 |
| 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 |
$3,643 |
$3,753 |
$3,865 |
$3,981 |
$4,101 |
| 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 |
$15,857 |
$16,332 |
$16,822 |
$17,327 |
$17,847 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$20,577 |
$21,194 |
$21,830 |
$22,485 |
$23,160 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$26,855 |
$26,855 |
$26,855 |
$26,855 |
$26,855 |
| Principal |
$3,957 |
$4,222 |
$4,505 |
$4,807 |
$5,129 |
| Interest |
$22,898 |
$22,633 |
$22,350 |
$22,048 |
$21,726 |
| Loan Balance at End of Year |
$350,108 |
$345,885 |
$341,380 |
$336,573 |
$331,444 |
| 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 |
$3,010 |
$3,010 |
$3,010 |
$3,010 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$33,773 |
$49,512 |
$65,880 |
$82,904 |
$100,618 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,288 |
-$8,670 |
-$8,035 |
-$7,380 |
-$3,696 |
| Monhtly Cash Flow |
-$774 |
-$723 |
-$670 |
-$615 |
-$308 |
| Cash on Cash Return on Investment |
-0.140% |
-0.131% |
-0.121% |
-0.111% |
-0.056% |
| 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 |