Sugar Land Deal Analysis
Let's look at deal analysis for Sugar Land, 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 Sugar Land, Texas Nomad™ Property with 10% Higher Rents
|
Typical Sugar Land, Texas Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$380,498
|
|
Purchase Price
|
|
$380,498
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$19,025
|
|
Closing Costs
|
1.000%
|
$3,805
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$214,027
|
|
Total Invested
|
|
$236,856
|
|
Mortgage
|
|
Mortgage Amount
|
|
$361,473.10
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$256.04
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,541
$2541.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$915
|
|
Property Taxes
|
2.101%
|
$7,994
|
|
Property Insurance
|
1.419%
|
$5,399
|
|
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%
|
$57,075
|
|
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 |
$391,913 |
$403,670 |
$415,780 |
$428,254 |
$441,101 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,415 |
$11,757 |
$12,110 |
$12,473 |
$12,848 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| 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 |
$2,541 |
$2,617 |
$2,696 |
$2,777 |
$2,860 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$76 |
$79 |
$81 |
$83 |
$86 |
| Monthly Gross Operating Income |
$2,465 |
$2,539 |
$2,615 |
$2,693 |
$2,774 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$30,492 |
$31,407 |
$32,349 |
$33,319 |
$34,319 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$30,492 |
$31,407 |
$32,349 |
$33,319 |
$34,319 |
| Annual Vacancy Dollar |
$915 |
$942 |
$970 |
$1,000 |
$1,030 |
| Annual Gross Operating Income |
$29,577 |
$30,465 |
$31,378 |
$32,320 |
$33,289 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
2.101% |
2.101% |
2.101% |
2.101% |
2.101% |
| Property Taxes Dollar |
$7,994 |
$8,234 |
$8,481 |
$8,736 |
$8,998 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$5,399 |
$5,561 |
$5,728 |
$5,900 |
$6,077 |
| 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 |
$2,958 |
$3,046 |
$3,138 |
$3,232 |
$3,329 |
| 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 |
$16,351 |
$16,842 |
$17,347 |
$17,867 |
$18,403 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$13,226 |
$13,623 |
$14,031 |
$14,452 |
$14,886 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$27,417 |
$27,417 |
$27,417 |
$27,417 |
$27,417 |
| Principal |
$4,040 |
$4,311 |
$4,600 |
$4,908 |
$5,236 |
| Interest |
$23,377 |
$23,106 |
$22,817 |
$22,509 |
$22,181 |
| Loan Balance at End of Year |
$357,433 |
$353,122 |
$348,522 |
$343,615 |
$338,378 |
| 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 |
$3,073 |
$3,073 |
$3,073 |
$3,073 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$34,480 |
$50,548 |
$67,258 |
$84,639 |
$102,723 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$17,264 |
-$16,867 |
-$16,458 |
-$16,037 |
-$12,531 |
| Monhtly Cash Flow |
-$1,439 |
-$1,406 |
-$1,372 |
-$1,336 |
-$1,044 |
| Cash on Cash Return on Investment |
-0.073% |
-0.071% |
-0.069% |
-0.068% |
-0.053% |
| 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 |