Nashville Deal Analysis
Let's look at deal analysis for Nashville, TN 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 Nashville, Tennessee Nomad™ Property with 10% Higher Rents
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Typical Nashville, Tennessee Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$395,732
|
|
Purchase Price
|
|
$395,732
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$19,787
|
|
Closing Costs
|
1.000%
|
$3,957
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
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$23,744
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|
Mortgage
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|
Mortgage Amount
|
|
$375,945.40
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$266.29
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$4,389
$4389.00
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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%
|
$1,580
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Property Taxes
|
0.814%
|
$3,221
|
|
Property Insurance
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1.131%
|
$4,476
|
|
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
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$59,360
|
|
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 |
$407,604 |
$419,832 |
$432,427 |
$445,400 |
$458,762 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,872 |
$12,228 |
$12,595 |
$12,973 |
$13,362 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,389 |
$4,521 |
$4,656 |
$4,796 |
$4,940 |
| 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 |
$4,389 |
$4,521 |
$4,656 |
$4,796 |
$4,940 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$132 |
$136 |
$140 |
$144 |
$148 |
| Monthly Gross Operating Income |
$4,257 |
$4,385 |
$4,517 |
$4,652 |
$4,792 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$52,668 |
$54,248 |
$55,875 |
$57,552 |
$59,278 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$52,668 |
$54,248 |
$55,875 |
$57,552 |
$59,278 |
| Annual Vacancy Dollar |
$1,580 |
$1,627 |
$1,676 |
$1,727 |
$1,778 |
| Annual Gross Operating Income |
$51,088 |
$52,621 |
$54,199 |
$55,825 |
$57,500 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.814% |
0.814% |
0.814% |
0.814% |
0.814% |
| Property Taxes Dollar |
$3,221 |
$3,318 |
$3,417 |
$3,520 |
$3,626 |
| Insurance Percent |
1.131% |
1.131% |
1.131% |
1.131% |
1.131% |
| Insurance Dollar |
$4,476 |
$4,610 |
$4,748 |
$4,891 |
$5,037 |
| 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 |
$5,109 |
$5,262 |
$5,420 |
$5,583 |
$5,750 |
| 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 |
$12,806 |
$13,190 |
$13,586 |
$13,993 |
$14,413 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$38,282 |
$39,431 |
$40,614 |
$41,832 |
$43,087 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$28,515 |
$28,515 |
$28,515 |
$28,515 |
$28,515 |
| Principal |
$4,202 |
$4,483 |
$4,784 |
$5,104 |
$5,446 |
| Interest |
$24,313 |
$24,031 |
$23,731 |
$23,411 |
$23,069 |
| Loan Balance at End of Year |
$371,743 |
$367,260 |
$362,476 |
$357,372 |
$351,926 |
| 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 |
$3,196 |
$3,196 |
$3,196 |
$3,196 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$35,861 |
$52,572 |
$69,951 |
$88,028 |
$106,836 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$6,572 |
$7,720 |
$8,903 |
$10,122 |
$14,572 |
| Monhtly Cash Flow |
$548 |
$643 |
$742 |
$843 |
$1,214 |
| Cash on Cash Return on Investment |
0.277% |
0.325% |
0.375% |
0.426% |
0.614% |
| 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 |