Kent Deal Analysis
Let's look at deal analysis for Kent, WA 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 Kent, Washington Nomad™ Property with 10% Higher Rents
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Typical Kent, Washington Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$600,304
|
|
Purchase Price
|
|
$600,304
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$30,015
|
|
Closing Costs
|
1.000%
|
$6,003
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$145,881
|
|
Total Invested
|
|
$181,899
|
|
Mortgage
|
|
Mortgage Amount
|
|
$570,288.80
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|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$403.95
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,459
$3459.23
|
|
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%
|
$1,245
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Property Taxes
|
1.145%
|
$6,873
|
|
Property Insurance
|
0.229%
|
$1,375
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$90,046
|
|
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 |
$618,313 |
$636,863 |
$655,968 |
$675,647 |
$695,917 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,009 |
$18,549 |
$19,106 |
$19,679 |
$20,269 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,459 |
$3,563 |
$3,670 |
$3,780 |
$3,893 |
| 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 |
$3,459 |
$3,563 |
$3,670 |
$3,780 |
$3,893 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$104 |
$107 |
$110 |
$113 |
$117 |
| Monthly Gross Operating Income |
$3,355 |
$3,456 |
$3,560 |
$3,667 |
$3,777 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,511 |
$42,756 |
$44,039 |
$45,360 |
$46,721 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,511 |
$42,756 |
$44,039 |
$45,360 |
$46,721 |
| Annual Vacancy Dollar |
$1,245 |
$1,283 |
$1,321 |
$1,361 |
$1,402 |
| Annual Gross Operating Income |
$40,265 |
$41,473 |
$42,718 |
$43,999 |
$45,319 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.145% |
1.145% |
1.145% |
1.145% |
1.145% |
| Property Taxes Dollar |
$6,873 |
$7,080 |
$7,292 |
$7,511 |
$7,736 |
| Insurance Percent |
0.229% |
0.229% |
0.229% |
0.229% |
0.229% |
| Insurance Dollar |
$1,375 |
$1,416 |
$1,458 |
$1,502 |
$1,547 |
| 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 |
$4,027 |
$4,147 |
$4,272 |
$4,400 |
$4,532 |
| 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 |
$12,275 |
$12,643 |
$13,022 |
$13,413 |
$13,815 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,991 |
$28,830 |
$29,695 |
$30,586 |
$31,504 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$43,255 |
$43,255 |
$43,255 |
$43,255 |
$43,255 |
| Principal |
$6,374 |
$6,801 |
$7,257 |
$7,743 |
$8,261 |
| Interest |
$36,881 |
$36,454 |
$35,999 |
$35,513 |
$34,994 |
| Loan Balance at End of Year |
$563,915 |
$557,113 |
$549,857 |
$542,114 |
$533,853 |
| 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 |
$4,847 |
$4,847 |
$4,847 |
$4,847 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$54,399 |
$79,749 |
$106,112 |
$133,533 |
$162,064 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$20,112 |
-$19,272 |
-$18,407 |
-$17,517 |
-$11,752 |
| Monhtly Cash Flow |
-$1,676 |
-$1,606 |
-$1,534 |
-$1,460 |
-$979 |
| Cash on Cash Return on Investment |
-0.111% |
-0.106% |
-0.101% |
-0.096% |
-0.065% |
| 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 |