Anaheim Deal Analysis
Let's look at deal analysis for Anaheim, CA 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 Anaheim, California Nomad™ Property with 10% Higher Rents
Typical Anaheim, California Nomad™ Property with 10% Higher Rents
|
Purchase Inputs
|
|
Percents
|
Dollars/#
|
ARV
|
|
$818,340
|
Purchase Price
|
|
$818,340
|
Seller Concessions
|
—
|
$0
|
Down Payment
|
5.000%
|
$40,917
|
Closing Costs
|
1.000%
|
$8,183
|
Rent Ready Costs
|
|
$0
|
Cumulative Negative Cash Flow
|
|
$196,317
|
Total Invested
|
|
$245,418
|
Mortgage
|
Mortgage Amount
|
|
$777,423
|
Mortgage Interest Rate
|
6.500%
|
|
Loan Term
|
|
360
|
Private Mortgage Insurance
|
0.850%
|
$550.67
|
Drop PMI LTV
|
80.000%
|
|
Income
|
Monthly Rent
|
|
$4,389
$4389.00
|
Other Income
|
|
$0
|
Annual Expenses
|
Vacancy Rate
|
3.000%
|
$1,580
|
Property Taxes
|
0.766%
|
$6,268
|
Property Insurance
|
0.173%
|
$1,416
|
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%
|
$122,751
|
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 |
$842,890 |
$868,177 |
$894,222 |
$921,049 |
$948,680 |
Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
Appreciation Dollar |
$24,550 |
$25,287 |
$26,045 |
$26,827 |
$27,631 |
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 |
0.766% |
0.766% |
0.766% |
0.766% |
0.766% |
Property Taxes Dollar |
$6,268 |
$6,457 |
$6,650 |
$6,850 |
$7,055 |
Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
Insurance Dollar |
$1,416 |
$1,458 |
$1,502 |
$1,547 |
$1,593 |
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 |
$12,793 |
$13,177 |
$13,572 |
$13,979 |
$14,399 |
Net Operating Income |
1 |
2 |
3 |
4 |
5 |
Net Operating Income (NOI) |
$38,295 |
$39,444 |
$40,627 |
$41,846 |
$43,101 |
Mortgage |
1 |
2 |
3 |
4 |
5 |
Total Annual P&I Payments |
$58,966 |
$58,966 |
$58,966 |
$58,966 |
$58,966 |
Principal |
$8,689 |
$9,271 |
$9,892 |
$10,555 |
$11,262 |
Interest |
$50,277 |
$49,695 |
$49,074 |
$48,411 |
$47,704 |
Loan Balance at End of Year |
$768,734 |
$759,462 |
$749,570 |
$739,015 |
$727,753 |
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 |
$6,608 |
$6,608 |
$6,608 |
$6,608 |
$0 |
Equity |
1 |
2 |
3 |
4 |
5 |
ARV - Loan Balance at End of Year |
$74,157 |
$108,715 |
$144,652 |
$182,034 |
$220,927 |
Cash Flow |
1 |
2 |
3 |
4 |
5 |
Annual Cash Flow |
-$27,279 |
-$26,130 |
-$24,947 |
-$23,728 |
-$15,865 |
Monhtly Cash Flow |
-$2,273 |
-$2,178 |
-$2,079 |
-$1,977 |
-$1,322 |
Cash on Cash Return on Investment |
-0.111% |
-0.106% |
-0.102% |
-0.097% |
-0.065% |
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 |