Austin Deal Analysis
Let's look at deal analysis for Austin, TX 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 Austin, Texas Nomad™ Property with 10% Higher Rents
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Typical Austin, Texas Nomad™ Property with 10% Higher Rents
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Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$505,268
|
|
Purchase Price
|
|
$505,268
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$25,263
|
|
Closing Costs
|
1.000%
|
$5,053
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$274,315
|
|
Total Invested
|
|
$304,631
|
|
Mortgage
|
|
Mortgage Amount
|
|
$480,004.60
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$340
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,288
$3288.29
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$1,184
|
|
Property Taxes
|
1.869%
|
$9,443
|
|
Property Insurance
|
1.419%
|
$7,170
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$75,790
|
|
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 |
$520,426 |
$536,039 |
$552,120 |
$568,684 |
$585,744 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$15,158 |
$15,613 |
$16,081 |
$16,564 |
$17,061 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,288 |
$3,387 |
$3,489 |
$3,593 |
$3,701 |
| 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 |
$3,288 |
$3,387 |
$3,489 |
$3,593 |
$3,701 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$99 |
$102 |
$105 |
$108 |
$111 |
| Monthly Gross Operating Income |
$3,190 |
$3,285 |
$3,384 |
$3,485 |
$3,590 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$39,459 |
$40,643 |
$41,863 |
$43,118 |
$44,412 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$39,459 |
$40,643 |
$41,863 |
$43,118 |
$44,412 |
| Annual Vacancy Dollar |
$1,184 |
$1,219 |
$1,256 |
$1,294 |
$1,332 |
| Annual Gross Operating Income |
$38,276 |
$39,424 |
$40,607 |
$41,825 |
$43,080 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.869% |
1.869% |
1.869% |
1.869% |
1.869% |
| Property Taxes Dollar |
$9,443 |
$9,727 |
$10,019 |
$10,319 |
$10,629 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$7,170 |
$7,385 |
$7,606 |
$7,835 |
$8,070 |
| 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 |
$3,828 |
$3,942 |
$4,061 |
$4,182 |
$4,308 |
| 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 |
$20,441 |
$21,054 |
$21,686 |
$22,336 |
$23,006 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$17,835 |
$18,370 |
$18,921 |
$19,489 |
$20,073 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$36,408 |
$36,408 |
$36,408 |
$36,408 |
$36,408 |
| Principal |
$5,365 |
$5,725 |
$6,108 |
$6,517 |
$6,953 |
| Interest |
$31,042 |
$30,683 |
$30,300 |
$29,891 |
$29,454 |
| Loan Balance at End of Year |
$474,639 |
$468,915 |
$462,807 |
$456,290 |
$449,337 |
| 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 |
$4,080 |
$4,080 |
$4,080 |
$4,080 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$45,787 |
$67,124 |
$89,313 |
$112,394 |
$136,407 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$22,653 |
-$22,118 |
-$21,566 |
-$20,999 |
-$16,334 |
| Monhtly Cash Flow |
-$1,888 |
-$1,843 |
-$1,797 |
-$1,750 |
-$1,361 |
| Cash on Cash Return on Investment |
-0.074% |
-0.073% |
-0.071% |
-0.069% |
-0.054% |
| 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 |