Huntsville Deal Analysis
Let's look at deal analysis for Huntsville, AL 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 Huntsville, Alabama Nomad™ Property with 10% Higher Rents
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Typical Huntsville, Alabama 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
|
|
$249,550
|
|
Purchase Price
|
|
$249,550
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$12,478
|
|
Closing Costs
|
1.000%
|
$2,496
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$37,970
|
|
Total Invested
|
|
$52,943
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Mortgage
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|
Mortgage Amount
|
|
$237,072.50
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Mortgage Interest Rate
|
6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$167.93
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$1,848
$1848.00
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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%
|
$665
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Property Taxes
|
0.566%
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$1,412
|
|
Property Insurance
|
1.958%
|
$4,886
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$37,433
|
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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 |
$257,037 |
$264,748 |
$272,690 |
$280,871 |
$289,297 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,487 |
$7,711 |
$7,942 |
$8,181 |
$8,426 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,848 |
$1,903 |
$1,961 |
$2,019 |
$2,080 |
| 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 |
$1,848 |
$1,903 |
$1,961 |
$2,019 |
$2,080 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$55 |
$57 |
$59 |
$61 |
$62 |
| Monthly Gross Operating Income |
$1,793 |
$1,846 |
$1,902 |
$1,959 |
$2,018 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$22,176 |
$22,841 |
$23,527 |
$24,232 |
$24,959 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$22,176 |
$22,841 |
$23,527 |
$24,232 |
$24,959 |
| Annual Vacancy Dollar |
$665 |
$685 |
$706 |
$727 |
$749 |
| Annual Gross Operating Income |
$21,511 |
$22,156 |
$22,821 |
$23,505 |
$24,211 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.566% |
0.566% |
0.566% |
0.566% |
0.566% |
| Property Taxes Dollar |
$1,412 |
$1,455 |
$1,498 |
$1,543 |
$1,590 |
| Insurance Percent |
1.958% |
1.958% |
1.958% |
1.958% |
1.958% |
| Insurance Dollar |
$4,886 |
$5,033 |
$5,184 |
$5,339 |
$5,499 |
| 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 |
$2,151 |
$2,216 |
$2,282 |
$2,351 |
$2,421 |
| 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 |
$8,450 |
$8,703 |
$8,964 |
$9,233 |
$9,510 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,061 |
$13,453 |
$13,856 |
$14,272 |
$14,700 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$17,982 |
$17,982 |
$17,982 |
$17,982 |
$17,982 |
| Principal |
$2,650 |
$2,827 |
$3,017 |
$3,219 |
$3,434 |
| Interest |
$15,332 |
$15,154 |
$14,965 |
$14,763 |
$14,547 |
| Loan Balance at End of Year |
$234,423 |
$231,595 |
$228,579 |
$225,360 |
$221,926 |
| 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 |
$2,015 |
$2,015 |
$2,015 |
$2,015 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$22,614 |
$33,152 |
$44,111 |
$55,511 |
$67,371 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$6,936 |
-$6,544 |
-$6,140 |
-$5,725 |
-$3,281 |
| Monhtly Cash Flow |
-$578 |
-$545 |
-$512 |
-$477 |
-$273 |
| Cash on Cash Return on Investment |
-0.131% |
-0.124% |
-0.116% |
-0.108% |
-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 |