Elk Grove Deal Analysis
Let's look at deal analysis for Elk Grove, CA and for 
32 10 20% Down Rental Properties (no Owner-Occupant).
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 20% Down Payment Elk Grove, California Rental Property
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Typical 20% Down Payment Elk Grove, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$608,186
|
|
Purchase Price
|
|
$608,186
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$121,637
|
|
Closing Costs
|
1.000%
|
$6,082
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$142,242
|
|
Total Invested
|
|
$269,961
|
|
Mortgage
|
|
Mortgage Amount
|
|
$486,548.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,940
$2940.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,058
|
|
Property Taxes
|
0.986%
|
$5,997
|
|
Property Insurance
|
0.173%
|
$1,052
|
|
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%
|
$91,228
|
|
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 |
$626,432 |
$645,225 |
$664,581 |
$684,519 |
$705,054 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$18,246 |
$18,793 |
$19,357 |
$19,937 |
$20,536 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,940 |
$3,028 |
$3,119 |
$3,213 |
$3,309 |
| 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 |
$2,940 |
$3,028 |
$3,119 |
$3,213 |
$3,309 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$88 |
$91 |
$94 |
$96 |
$99 |
| Monthly Gross Operating Income |
$2,852 |
$2,937 |
$3,025 |
$3,116 |
$3,210 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$35,280 |
$36,338 |
$37,429 |
$38,551 |
$39,708 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$35,280 |
$36,338 |
$37,429 |
$38,551 |
$39,708 |
| Annual Vacancy Dollar |
$1,058 |
$1,090 |
$1,123 |
$1,157 |
$1,191 |
| Annual Gross Operating Income |
$34,222 |
$35,248 |
$36,306 |
$37,395 |
$38,517 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.986% |
0.986% |
0.986% |
0.986% |
0.986% |
| Property Taxes Dollar |
$5,997 |
$6,177 |
$6,362 |
$6,553 |
$6,749 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,052 |
$1,084 |
$1,116 |
$1,150 |
$1,184 |
| 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 |
$3,422 |
$3,525 |
$3,631 |
$3,739 |
$3,852 |
| 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 |
$10,471 |
$10,785 |
$11,109 |
$11,442 |
$11,785 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$23,751 |
$24,463 |
$25,197 |
$25,953 |
$26,731 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$38,844 |
$38,844 |
$38,844 |
$38,844 |
$38,844 |
| Principal |
$4,942 |
$5,300 |
$5,683 |
$6,094 |
$6,534 |
| Interest |
$33,902 |
$33,545 |
$33,161 |
$32,751 |
$32,310 |
| Loan Balance at End of Year |
$481,606 |
$476,307 |
$470,624 |
$464,530 |
$457,996 |
| Loan-To-Value |
76.881% |
73.820% |
70.815% |
67.862% |
64.959% |
| Private Mortgage Insurance (PMI) Rate |
0.000% |
0.000% |
0.000% |
0.000% |
0.000% |
| Private Mortgage Insurance Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$144,825 |
$168,918 |
$193,957 |
$219,988 |
$247,058 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$15,094 |
-$14,381 |
-$13,647 |
-$12,891 |
-$12,113 |
| Monhtly Cash Flow |
-$1,258 |
-$1,198 |
-$1,137 |
-$1,074 |
-$1,009 |
| Cash on Cash Return on Investment |
-0.056% |
-0.053% |
-0.051% |
-0.048% |
-0.045% |
| 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 |