Kansas City Deal Analysis
Let's look at deal analysis for Kansas City, MO 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 Kansas City, Missouri Nomad™ Property with 10% Higher Rents
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Typical Kansas City, Missouri 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
|
|
$200,443
|
|
Purchase Price
|
|
$200,443
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$10,022
|
|
Closing Costs
|
1.000%
|
$2,004
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
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$12,027
|
|
Mortgage
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|
Mortgage Amount
|
|
$190,420.85
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|
Mortgage Interest Rate
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6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$134.88
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,134
$2134.44
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Other Income
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|
$0
|
|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$768
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Property Taxes
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1.436%
|
$2,878
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|
Property Insurance
|
1.550%
|
$3,107
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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|
Maintenance
|
10.000%
|
|
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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%
|
$30,066
|
|
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 |
$206,456 |
$212,650 |
$219,029 |
$225,600 |
$232,368 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$6,013 |
$6,194 |
$6,379 |
$6,571 |
$6,768 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,134 |
$2,198 |
$2,264 |
$2,332 |
$2,402 |
| 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 |
$2,134 |
$2,198 |
$2,264 |
$2,332 |
$2,402 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$64 |
$66 |
$68 |
$70 |
$72 |
| Monthly Gross Operating Income |
$2,070 |
$2,133 |
$2,196 |
$2,262 |
$2,330 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$25,613 |
$26,382 |
$27,173 |
$27,988 |
$28,828 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$25,613 |
$26,382 |
$27,173 |
$27,988 |
$28,828 |
| Annual Vacancy Dollar |
$768 |
$791 |
$815 |
$840 |
$865 |
| Annual Gross Operating Income |
$24,845 |
$25,590 |
$26,358 |
$27,149 |
$27,963 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.436% |
1.436% |
1.436% |
1.436% |
1.436% |
| Property Taxes Dollar |
$2,878 |
$2,965 |
$3,054 |
$3,145 |
$3,240 |
| Insurance Percent |
1.550% |
1.550% |
1.550% |
1.550% |
1.550% |
| Insurance Dollar |
$3,107 |
$3,200 |
$3,296 |
$3,395 |
$3,497 |
| 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 |
$2,484 |
$2,559 |
$2,636 |
$2,715 |
$2,796 |
| 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 |
$8,470 |
$8,724 |
$8,986 |
$9,255 |
$9,533 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,375 |
$16,866 |
$17,372 |
$17,894 |
$18,430 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$14,443 |
$14,443 |
$14,443 |
$14,443 |
$14,443 |
| Principal |
$2,128 |
$2,271 |
$2,423 |
$2,585 |
$2,758 |
| Interest |
$12,315 |
$12,172 |
$12,020 |
$11,858 |
$11,685 |
| Loan Balance at End of Year |
$188,292 |
$186,022 |
$183,599 |
$181,013 |
$178,255 |
| 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 |
$1,619 |
$1,619 |
$1,619 |
$1,619 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$18,164 |
$26,628 |
$35,431 |
$44,587 |
$54,114 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$314 |
$805 |
$1,311 |
$1,832 |
$3,987 |
| Monhtly Cash Flow |
$26 |
$67 |
$109 |
$153 |
$332 |
| Cash on Cash Return on Investment |
0.026% |
0.067% |
0.109% |
0.152% |
0.332% |
| 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 |