Laredo Deal Analysis
Let's look at deal analysis for Laredo, 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 Laredo, Texas Nomad™ Property with 10% Higher Rents
Typical Laredo, Texas Nomad™ Property with 10% Higher Rents
|
Purchase Inputs
|
|
Percents
|
Dollars/#
|
ARV
|
|
$171,099
|
Purchase Price
|
|
$171,099
|
Seller Concessions
|
—
|
$0
|
Down Payment
|
5.000%
|
$8,555
|
Closing Costs
|
1.000%
|
$1,711
|
Rent Ready Costs
|
|
$0
|
Cumulative Negative Cash Flow
|
|
$12,009
|
Total Invested
|
|
$22,275
|
Mortgage
|
Mortgage Amount
|
|
$162,544.05
|
Mortgage Interest Rate
|
6.500%
|
|
Loan Term
|
|
360
|
Private Mortgage Insurance
|
0.850%
|
$115.14
|
Drop PMI LTV
|
80.000%
|
|
Income
|
Monthly Rent
|
|
$1,646
$1645.88
|
Other Income
|
|
$0
|
Annual Expenses
|
Vacancy Rate
|
3.000%
|
$593
|
Property Taxes
|
2.587%
|
$4,426
|
Property Insurance
|
1.419%
|
$2,428
|
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%
|
$25,665
|
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 |
$176,232 |
$181,519 |
$186,964 |
$192,573 |
$198,351 |
Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Appreciation Dollar |
$5,133 |
$5,287 |
$5,446 |
$5,609 |
$5,777 |
Monthly Income |
1 |
2 |
3 |
4 |
5 |
Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Rent |
$1,646 |
$1,695 |
$1,746 |
$1,798 |
$1,852 |
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 |
$1,646 |
$1,695 |
$1,746 |
$1,798 |
$1,852 |
Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Monthly Vacancy Dollar |
$49 |
$51 |
$52 |
$54 |
$56 |
Monthly Gross Operating Income |
$1,597 |
$1,644 |
$1,694 |
$1,745 |
$1,797 |
Annual Income |
1 |
2 |
3 |
4 |
5 |
Annual Rent |
$19,751 |
$20,343 |
$20,953 |
$21,582 |
$22,229 |
Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
Annual Gross Potential Income |
$19,751 |
$20,343 |
$20,953 |
$21,582 |
$22,229 |
Annual Vacancy Dollar |
$593 |
$610 |
$629 |
$647 |
$667 |
Annual Gross Operating Income |
$19,158 |
$19,733 |
$20,325 |
$20,935 |
$21,563 |
Annual Expenses |
1 |
2 |
3 |
4 |
5 |
Property Taxes Percent |
2.587% |
2.587% |
2.587% |
2.587% |
2.587% |
Property Taxes Dollar |
$4,426 |
$4,559 |
$4,696 |
$4,837 |
$4,982 |
Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
Insurance Dollar |
$2,428 |
$2,501 |
$2,576 |
$2,653 |
$2,733 |
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 |
$1,916 |
$1,973 |
$2,032 |
$2,093 |
$2,156 |
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 |
$8,770 |
$9,033 |
$9,304 |
$9,583 |
$9,871 |
Net Operating Income |
1 |
2 |
3 |
4 |
5 |
Net Operating Income (NOI) |
$10,388 |
$10,700 |
$11,021 |
$11,351 |
$11,692 |
Mortgage |
1 |
2 |
3 |
4 |
5 |
Total Annual P&I Payments |
$12,329 |
$12,329 |
$12,329 |
$12,329 |
$12,329 |
Principal |
$1,817 |
$1,938 |
$2,068 |
$2,207 |
$2,355 |
Interest |
$10,512 |
$10,390 |
$10,260 |
$10,122 |
$9,974 |
Loan Balance at End of Year |
$160,727 |
$158,789 |
$156,720 |
$154,514 |
$152,159 |
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 |
$1,382 |
$1,382 |
$1,382 |
$1,382 |
$0 |
Equity |
1 |
2 |
3 |
4 |
5 |
ARV - Loan Balance at End of Year |
$15,505 |
$22,730 |
$30,244 |
$38,060 |
$46,192 |
Cash Flow |
1 |
2 |
3 |
4 |
5 |
Annual Cash Flow |
-$3,322 |
-$3,011 |
-$2,690 |
-$2,359 |
-$637 |
Monhtly Cash Flow |
-$277 |
-$251 |
-$224 |
-$197 |
-$53 |
Cash on Cash Return on Investment |
-0.149% |
-0.135% |
-0.121% |
-0.106% |
-0.029% |
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 |