St Paul Deal Analysis
Let's look at deal analysis for St Paul, MN 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 St Paul, Minnesota Nomad™ Property with 10% Higher Rents
|
Typical St Paul, Minnesota Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$264,840
|
|
Purchase Price
|
|
$264,840
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$13,242
|
|
Closing Costs
|
1.000%
|
$2,648
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$22,344
|
|
Total Invested
|
|
$38,234
|
|
Mortgage
|
|
Mortgage Amount
|
|
$251,598
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$178.22
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,050
$2050.13
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$738
|
|
Property Taxes
|
1.356%
|
$3,591
|
|
Property Insurance
|
0.875%
|
$2,317
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
|
|
Land Value
|
15.000%
|
$39,726
|
|
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 |
$272,785 |
$280,969 |
$289,398 |
$298,080 |
$307,022 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,945 |
$8,184 |
$8,429 |
$8,682 |
$8,942 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,050 |
$2,112 |
$2,175 |
$2,240 |
$2,307 |
| 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 |
$2,050 |
$2,112 |
$2,175 |
$2,240 |
$2,307 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$62 |
$63 |
$65 |
$67 |
$69 |
| Monthly Gross Operating Income |
$1,989 |
$2,048 |
$2,110 |
$2,173 |
$2,238 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,602 |
$25,340 |
$26,100 |
$26,883 |
$27,689 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,602 |
$25,340 |
$26,100 |
$26,883 |
$27,689 |
| Annual Vacancy Dollar |
$738 |
$760 |
$783 |
$806 |
$831 |
| Annual Gross Operating Income |
$23,864 |
$24,579 |
$25,317 |
$26,076 |
$26,859 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.356% |
1.356% |
1.356% |
1.356% |
1.356% |
| Property Taxes Dollar |
$3,591 |
$3,699 |
$3,810 |
$3,924 |
$4,042 |
| Insurance Percent |
0.875% |
0.875% |
0.875% |
0.875% |
0.875% |
| Insurance Dollar |
$2,317 |
$2,387 |
$2,458 |
$2,532 |
$2,608 |
| 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 |
$2,386 |
$2,458 |
$2,532 |
$2,608 |
$2,686 |
| 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 |
$8,295 |
$8,544 |
$8,800 |
$9,064 |
$9,336 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$15,569 |
$16,036 |
$16,517 |
$17,012 |
$17,523 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$19,083 |
$19,083 |
$19,083 |
$19,083 |
$19,083 |
| Principal |
$2,812 |
$3,001 |
$3,201 |
$3,416 |
$3,645 |
| Interest |
$16,271 |
$16,083 |
$15,882 |
$15,667 |
$15,439 |
| Loan Balance at End of Year |
$248,786 |
$245,785 |
$242,584 |
$239,168 |
$235,523 |
| 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 |
$2,139 |
$2,139 |
$2,139 |
$2,139 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$23,999 |
$35,183 |
$46,814 |
$58,912 |
$71,499 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,653 |
-$5,186 |
-$4,705 |
-$4,210 |
-$1,561 |
| Monhtly Cash Flow |
-$471 |
-$432 |
-$392 |
-$351 |
-$130 |
| Cash on Cash Return on Investment |
-0.148% |
-0.136% |
-0.123% |
-0.110% |
-0.041% |
| 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 |