Tucson Deal Analysis
Let's look at deal analysis for Tucson, AZ 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 Tucson, Arizona Nomad™ Property with 10% Higher Rents
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Typical Tucson, Arizona 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
|
|
$286,954
|
|
Purchase Price
|
|
$286,954
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$14,348
|
|
Closing Costs
|
1.000%
|
$2,870
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$142,468
|
|
Total Invested
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$159,685
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|
Mortgage
|
|
Mortgage Amount
|
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$272,606.30
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Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$193.10
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$1,396
$1396.40
|
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Other Income
|
|
$0
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|
Annual Expenses
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Vacancy Rate
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3.000%
|
$503
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Property Taxes
|
0.991%
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$2,844
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|
Property Insurance
|
0.442%
|
$1,268
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
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%
|
$43,043
|
|
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 |
$295,563 |
$304,429 |
$313,562 |
$322,969 |
$332,658 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$8,609 |
$8,867 |
$9,133 |
$9,407 |
$9,689 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,396 |
$1,438 |
$1,481 |
$1,526 |
$1,572 |
| 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 |
$1,396 |
$1,438 |
$1,481 |
$1,526 |
$1,572 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$42 |
$43 |
$44 |
$46 |
$47 |
| Monthly Gross Operating Income |
$1,355 |
$1,395 |
$1,437 |
$1,480 |
$1,525 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$16,757 |
$17,260 |
$17,777 |
$18,311 |
$18,860 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$16,757 |
$17,260 |
$17,777 |
$18,311 |
$18,860 |
| Annual Vacancy Dollar |
$503 |
$518 |
$533 |
$549 |
$566 |
| Annual Gross Operating Income |
$16,254 |
$16,742 |
$17,244 |
$17,761 |
$18,294 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.991% |
0.991% |
0.991% |
0.991% |
0.991% |
| Property Taxes Dollar |
$2,844 |
$2,929 |
$3,017 |
$3,107 |
$3,201 |
| Insurance Percent |
0.442% |
0.442% |
0.442% |
0.442% |
0.442% |
| Insurance Dollar |
$1,268 |
$1,306 |
$1,346 |
$1,386 |
$1,428 |
| 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 |
$1,625 |
$1,674 |
$1,724 |
$1,776 |
$1,829 |
| 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 |
$5,737 |
$5,910 |
$6,087 |
$6,269 |
$6,458 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$10,517 |
$10,832 |
$11,157 |
$11,492 |
$11,837 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$20,677 |
$20,677 |
$20,677 |
$20,677 |
$20,677 |
| Principal |
$3,047 |
$3,251 |
$3,469 |
$3,701 |
$3,949 |
| Interest |
$17,630 |
$17,426 |
$17,208 |
$16,976 |
$16,728 |
| Loan Balance at End of Year |
$269,559 |
$266,308 |
$262,839 |
$259,138 |
$255,189 |
| 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 |
$2,317 |
$2,317 |
$2,317 |
$2,317 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$26,003 |
$38,121 |
$50,723 |
$63,831 |
$77,469 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,477 |
-$12,162 |
-$11,837 |
-$11,502 |
-$8,840 |
| Monhtly Cash Flow |
-$1,040 |
-$1,013 |
-$986 |
-$959 |
-$737 |
| Cash on Cash Return on Investment |
-0.078% |
-0.076% |
-0.074% |
-0.072% |
-0.055% |
| 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 |