Kenosha Deal Analysis
Let's look at deal analysis for Kenosha, WI 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 Kenosha, Wisconsin Nomad™ Property with 10% Higher Rents
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Typical Kenosha, Wisconsin 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
|
|
$196,457
|
|
Purchase Price
|
|
$196,457
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$9,823
|
|
Closing Costs
|
1.000%
|
$1,965
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$4,813
|
|
Total Invested
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|
$16,601
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Mortgage
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|
Mortgage Amount
|
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$186,634.15
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
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|
360
|
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Private Mortgage Insurance
|
0.850%
|
$132.20
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Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
|
|
$1,892
$1891.89
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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%
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$681
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Property Taxes
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2.528%
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$4,966
|
|
Property Insurance
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0.521%
|
$1,024
|
|
HOA Dues
|
|
$0
|
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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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|
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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%
|
$29,469
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Property Type (C or R)
|
R
|
27.5
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|
Effective Income Tax Rate
|
15.000%
|
|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$202,351 |
$208,421 |
$214,674 |
$221,114 |
$227,748 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$5,894 |
$6,071 |
$6,253 |
$6,440 |
$6,633 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,892 |
$1,949 |
$2,007 |
$2,067 |
$2,129 |
| 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 |
$1,892 |
$1,949 |
$2,007 |
$2,067 |
$2,129 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$57 |
$58 |
$60 |
$62 |
$64 |
| Monthly Gross Operating Income |
$1,835 |
$1,890 |
$1,947 |
$2,005 |
$2,065 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$22,703 |
$23,384 |
$24,085 |
$24,808 |
$25,552 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$22,703 |
$23,384 |
$24,085 |
$24,808 |
$25,552 |
| Annual Vacancy Dollar |
$681 |
$702 |
$723 |
$744 |
$767 |
| Annual Gross Operating Income |
$22,022 |
$22,682 |
$23,363 |
$24,064 |
$24,786 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.528% |
2.528% |
2.528% |
2.528% |
2.528% |
| Property Taxes Dollar |
$4,966 |
$5,115 |
$5,269 |
$5,427 |
$5,590 |
| Insurance Percent |
0.521% |
0.521% |
0.521% |
0.521% |
0.521% |
| Insurance Dollar |
$1,024 |
$1,054 |
$1,086 |
$1,118 |
$1,152 |
| 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 |
$2,202 |
$2,268 |
$2,336 |
$2,406 |
$2,479 |
| 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 |
$8,192 |
$8,438 |
$8,691 |
$8,952 |
$9,220 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,829 |
$14,244 |
$14,672 |
$15,112 |
$15,565 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$14,156 |
$14,156 |
$14,156 |
$14,156 |
$14,156 |
| Principal |
$2,086 |
$2,226 |
$2,375 |
$2,534 |
$2,703 |
| Interest |
$12,070 |
$11,930 |
$11,781 |
$11,622 |
$11,452 |
| Loan Balance at End of Year |
$184,548 |
$182,322 |
$179,948 |
$177,414 |
$174,710 |
| 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 |
$1,586 |
$1,586 |
$1,586 |
$1,586 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$17,803 |
$26,099 |
$34,726 |
$43,700 |
$53,037 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$1,913 |
-$1,498 |
-$1,071 |
-$630 |
$1,409 |
| Monhtly Cash Flow |
-$159 |
-$125 |
-$89 |
-$53 |
$117 |
| Cash on Cash Return on Investment |
-0.115% |
-0.090% |
-0.064% |
-0.038% |
0.085% |
| 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 |