Newport News Deal Analysis
Let's look at deal analysis for Newport News, VA 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 Newport News, Virginia Nomad™ Property with 10% Higher Rents
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Typical Newport News, Virginia 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
|
|
$227,138
|
|
Purchase Price
|
|
$227,138
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$11,357
|
|
Closing Costs
|
1.000%
|
$2,271
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$13,628
|
|
Mortgage
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|
Mortgage Amount
|
|
$215,781.10
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|
Mortgage Interest Rate
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6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$152.84
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$2,079
$2079.00
|
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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%
|
$748
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Property Taxes
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1.136%
|
$2,580
|
|
Property Insurance
|
0.367%
|
$834
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
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CapEx
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|
$0
|
|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$34,071
|
|
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 |
$233,952 |
$240,971 |
$248,200 |
$255,646 |
$263,315 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$6,814 |
$7,019 |
$7,229 |
$7,446 |
$7,669 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,079 |
$2,141 |
$2,206 |
$2,272 |
$2,340 |
| 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 |
$2,079 |
$2,141 |
$2,206 |
$2,272 |
$2,340 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$62 |
$64 |
$66 |
$68 |
$70 |
| Monthly Gross Operating Income |
$2,017 |
$2,077 |
$2,139 |
$2,204 |
$2,270 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,948 |
$25,696 |
$26,467 |
$27,261 |
$28,079 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,948 |
$25,696 |
$26,467 |
$27,261 |
$28,079 |
| Annual Vacancy Dollar |
$748 |
$771 |
$794 |
$818 |
$842 |
| Annual Gross Operating Income |
$24,200 |
$24,926 |
$25,673 |
$26,444 |
$27,237 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.136% |
1.136% |
1.136% |
1.136% |
1.136% |
| Property Taxes Dollar |
$2,580 |
$2,658 |
$2,737 |
$2,820 |
$2,904 |
| Insurance Percent |
0.367% |
0.367% |
0.367% |
0.367% |
0.367% |
| Insurance Dollar |
$834 |
$859 |
$884 |
$911 |
$938 |
| 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 |
$2,420 |
$2,493 |
$2,567 |
$2,644 |
$2,724 |
| 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 |
$5,834 |
$6,009 |
$6,189 |
$6,375 |
$6,566 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$18,366 |
$18,917 |
$19,484 |
$20,069 |
$20,671 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$16,367 |
$16,367 |
$16,367 |
$16,367 |
$16,367 |
| Principal |
$2,412 |
$2,573 |
$2,746 |
$2,930 |
$3,126 |
| Interest |
$13,955 |
$13,793 |
$13,621 |
$13,437 |
$13,241 |
| Loan Balance at End of Year |
$213,369 |
$210,796 |
$208,050 |
$205,121 |
$201,995 |
| 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 |
$1,834 |
$1,834 |
$1,834 |
$1,834 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$20,583 |
$30,175 |
$40,150 |
$50,525 |
$61,320 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$165 |
$716 |
$1,283 |
$1,868 |
$4,304 |
| Monhtly Cash Flow |
$14 |
$60 |
$107 |
$156 |
$359 |
| Cash on Cash Return on Investment |
0.012% |
0.053% |
0.094% |
0.137% |
0.316% |
| 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 |