Burbank Deal Analysis
Let's look at deal analysis for Burbank, 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 Burbank, California Nomad™ Property with 10% Higher Rents
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Typical Burbank, California 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/#
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|
ARV
|
|
$1,098,115
|
|
Purchase Price
|
|
$1,098,115
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$54,906
|
|
Closing Costs
|
1.000%
|
$10,981
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$307,008
|
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Total Invested
|
|
$372,895
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Mortgage
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|
Mortgage Amount
|
|
$1,043,209.25
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|
Mortgage Interest Rate
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6.500%
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|
|
Loan Term
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|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$738.94
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Drop PMI LTV
|
80.000%
|
|
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Income
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Monthly Rent
|
|
$5,631
$5630.63
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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%
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$2,027
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Property Taxes
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0.720%
|
$7,906
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|
Property Insurance
|
0.173%
|
$1,900
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
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10.000%
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|
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CapEx
|
|
$0
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Management
|
0.000%
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|
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Depreciation Details
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Land Value
|
15.000%
|
$164,717
|
|
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 |
$1,131,058 |
$1,164,990 |
$1,199,940 |
$1,235,938 |
$1,273,016 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$32,943 |
$33,932 |
$34,950 |
$35,998 |
$37,078 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,631 |
$5,800 |
$5,974 |
$6,153 |
$6,337 |
| 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 |
$5,631 |
$5,800 |
$5,974 |
$6,153 |
$6,337 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$169 |
$174 |
$179 |
$185 |
$190 |
| Monthly Gross Operating Income |
$5,462 |
$5,626 |
$5,794 |
$5,968 |
$6,147 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$67,568 |
$69,595 |
$71,682 |
$73,833 |
$76,048 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$67,568 |
$69,595 |
$71,682 |
$73,833 |
$76,048 |
| Annual Vacancy Dollar |
$2,027 |
$2,088 |
$2,150 |
$2,215 |
$2,281 |
| Annual Gross Operating Income |
$65,541 |
$67,507 |
$69,532 |
$71,618 |
$73,766 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.720% |
0.720% |
0.720% |
0.720% |
0.720% |
| Property Taxes Dollar |
$7,906 |
$8,144 |
$8,388 |
$8,640 |
$8,899 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,900 |
$1,957 |
$2,015 |
$2,076 |
$2,138 |
| 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 |
$6,554 |
$6,751 |
$6,953 |
$7,162 |
$7,377 |
| 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 |
$16,360 |
$16,851 |
$17,357 |
$17,877 |
$18,414 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$49,180 |
$50,656 |
$52,175 |
$53,741 |
$55,353 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$79,125 |
$79,125 |
$79,125 |
$79,125 |
$79,125 |
| Principal |
$11,660 |
$12,441 |
$13,274 |
$14,163 |
$15,112 |
| Interest |
$67,465 |
$66,684 |
$65,851 |
$64,962 |
$64,014 |
| Loan Balance at End of Year |
$1,031,549 |
$1,019,108 |
$1,005,834 |
$991,670 |
$976,559 |
| 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 |
$8,867 |
$8,867 |
$8,867 |
$8,867 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$99,509 |
$145,882 |
$194,106 |
$244,268 |
$296,458 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$38,812 |
-$37,337 |
-$35,817 |
-$34,252 |
-$23,773 |
| Monhtly Cash Flow |
-$3,234 |
-$3,111 |
-$2,985 |
-$2,854 |
-$1,981 |
| Cash on Cash Return on Investment |
-0.104% |
-0.100% |
-0.096% |
-0.092% |
-0.064% |
| 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 |