San Antonio Deal Analysis
Let's look at deal analysis for San Antonio, 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 San Antonio, Texas Nomad™ Property with 10% Higher Rents
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Typical San Antonio, 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
|
|
$260,787
|
|
Purchase Price
|
|
$260,787
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$13,039
|
|
Closing Costs
|
1.000%
|
$2,608
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$86,274
|
|
Total Invested
|
|
$101,921
|
|
Mortgage
|
|
Mortgage Amount
|
|
$247,747.65
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|
Mortgage Interest Rate
|
6.500%
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|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$175.49
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,021
$2021.25
|
|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$728
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|
Property Taxes
|
2.450%
|
$6,389
|
|
Property Insurance
|
1.419%
|
$3,701
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$39,118
|
|
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 |
$268,611 |
$276,669 |
$284,969 |
$293,518 |
$302,324 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,824 |
$8,058 |
$8,300 |
$8,549 |
$8,806 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,021 |
$2,082 |
$2,144 |
$2,209 |
$2,275 |
| 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 |
$2,021 |
$2,082 |
$2,144 |
$2,209 |
$2,275 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$61 |
$62 |
$64 |
$66 |
$68 |
| Monthly Gross Operating Income |
$1,961 |
$2,019 |
$2,080 |
$2,142 |
$2,207 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,255 |
$24,983 |
$25,732 |
$26,504 |
$27,299 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,255 |
$24,983 |
$25,732 |
$26,504 |
$27,299 |
| Annual Vacancy Dollar |
$728 |
$749 |
$772 |
$795 |
$819 |
| Annual Gross Operating Income |
$23,527 |
$24,233 |
$24,960 |
$25,709 |
$26,480 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.450% |
2.450% |
2.450% |
2.450% |
2.450% |
| Property Taxes Dollar |
$6,389 |
$6,581 |
$6,778 |
$6,982 |
$7,191 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$3,701 |
$3,812 |
$3,926 |
$4,044 |
$4,165 |
| 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 |
$2,353 |
$2,423 |
$2,496 |
$2,571 |
$2,648 |
| 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 |
$12,443 |
$12,816 |
$13,200 |
$13,596 |
$14,004 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$11,085 |
$11,417 |
$11,760 |
$12,113 |
$12,476 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$18,791 |
$18,791 |
$18,791 |
$18,791 |
$18,791 |
| Principal |
$2,769 |
$2,955 |
$3,152 |
$3,364 |
$3,589 |
| Interest |
$16,022 |
$15,837 |
$15,639 |
$15,428 |
$15,202 |
| Loan Balance at End of Year |
$244,979 |
$242,024 |
$238,872 |
$235,508 |
$231,919 |
| 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 |
$2,106 |
$2,106 |
$2,106 |
$2,106 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$23,632 |
$34,645 |
$46,097 |
$58,010 |
$70,404 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,812 |
-$9,480 |
-$9,137 |
-$8,784 |
-$6,315 |
| Monhtly Cash Flow |
-$818 |
-$790 |
-$761 |
-$732 |
-$526 |
| Cash on Cash Return on Investment |
-0.096% |
-0.093% |
-0.090% |
-0.086% |
-0.062% |
| 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 |