College Station Deal Analysis
Let's look at deal analysis for College Station, 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 College Station, Texas Nomad™ Property with 10% Higher Rents
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Typical College Station, Texas Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
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|
ARV
|
|
$282,693
|
|
Purchase Price
|
|
$282,693
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$14,135
|
|
Closing Costs
|
1.000%
|
$2,827
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$16,962
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Mortgage
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|
Mortgage Amount
|
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$268,558.35
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
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0.850%
|
$190.23
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$3,289
$3289.44
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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%
|
$1,184
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Property Taxes
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2.025%
|
$5,725
|
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Property Insurance
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1.419%
|
$4,011
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
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
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$42,404
|
|
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 |
$291,174 |
$299,909 |
$308,906 |
$318,173 |
$327,719 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,481 |
$8,735 |
$8,997 |
$9,267 |
$9,545 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,289 |
$3,388 |
$3,490 |
$3,594 |
$3,702 |
| 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 |
$3,289 |
$3,388 |
$3,490 |
$3,594 |
$3,702 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$99 |
$102 |
$105 |
$108 |
$111 |
| Monthly Gross Operating Income |
$3,191 |
$3,286 |
$3,385 |
$3,487 |
$3,591 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$39,473 |
$40,657 |
$41,877 |
$43,134 |
$44,428 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$39,473 |
$40,657 |
$41,877 |
$43,134 |
$44,428 |
| Annual Vacancy Dollar |
$1,184 |
$1,220 |
$1,256 |
$1,294 |
$1,333 |
| Annual Gross Operating Income |
$38,289 |
$39,438 |
$40,621 |
$41,840 |
$43,095 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.025% |
2.025% |
2.025% |
2.025% |
2.025% |
| Property Taxes Dollar |
$5,725 |
$5,896 |
$6,073 |
$6,255 |
$6,443 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$4,011 |
$4,132 |
$4,256 |
$4,383 |
$4,515 |
| 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 |
$3,829 |
$3,944 |
$4,062 |
$4,184 |
$4,309 |
| 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 |
$13,565 |
$13,972 |
$14,391 |
$14,823 |
$15,267 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,724 |
$25,466 |
$26,230 |
$27,017 |
$27,827 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$20,370 |
$20,370 |
$20,370 |
$20,370 |
$20,370 |
| Principal |
$3,002 |
$3,203 |
$3,417 |
$3,646 |
$3,890 |
| Interest |
$17,368 |
$17,167 |
$16,952 |
$16,724 |
$16,479 |
| Loan Balance at End of Year |
$265,557 |
$262,354 |
$258,937 |
$255,290 |
$251,400 |
| 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 |
$2,283 |
$2,283 |
$2,283 |
$2,283 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$25,617 |
$37,555 |
$49,970 |
$62,883 |
$76,318 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$2,072 |
$2,814 |
$3,578 |
$4,364 |
$7,458 |
| Monhtly Cash Flow |
$173 |
$234 |
$298 |
$364 |
$621 |
| Cash on Cash Return on Investment |
0.122% |
0.166% |
0.211% |
0.257% |
0.440% |
| 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 |