Inglewood Deal Analysis
Let's look at deal analysis for Inglewood, 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 Inglewood, California Nomad™ Property with 10% Higher Rents
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Typical Inglewood, 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
|
|
$721,596
|
|
Purchase Price
|
|
$721,596
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$36,080
|
|
Closing Costs
|
1.000%
|
$7,216
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$81,644
|
|
Total Invested
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|
$124,940
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Mortgage
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|
Mortgage Amount
|
|
$685,516.20
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
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|
360
|
|
Private Mortgage Insurance
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0.850%
|
$485.57
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Drop PMI LTV
|
80.000%
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|
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Income
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|
Monthly Rent
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|
$4,505
$4504.50
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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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$1,622
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Property Taxes
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0.800%
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$5,773
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|
Property Insurance
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0.173%
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$1,248
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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Land Value
|
15.000%
|
$108,239
|
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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 |
$743,244 |
$765,541 |
$788,507 |
$812,163 |
$836,528 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$21,648 |
$22,297 |
$22,966 |
$23,655 |
$24,365 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,505 |
$4,640 |
$4,779 |
$4,922 |
$5,070 |
| 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 |
$4,505 |
$4,640 |
$4,779 |
$4,922 |
$5,070 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$135 |
$139 |
$143 |
$148 |
$152 |
| Monthly Gross Operating Income |
$4,369 |
$4,500 |
$4,635 |
$4,775 |
$4,918 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$54,054 |
$55,676 |
$57,346 |
$59,066 |
$60,838 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$54,054 |
$55,676 |
$57,346 |
$59,066 |
$60,838 |
| Annual Vacancy Dollar |
$1,622 |
$1,670 |
$1,720 |
$1,772 |
$1,825 |
| Annual Gross Operating Income |
$52,432 |
$54,005 |
$55,626 |
$57,294 |
$59,013 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.800% |
0.800% |
0.800% |
0.800% |
0.800% |
| Property Taxes Dollar |
$5,773 |
$5,946 |
$6,124 |
$6,308 |
$6,497 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,248 |
$1,286 |
$1,324 |
$1,364 |
$1,405 |
| 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 |
$5,243 |
$5,401 |
$5,563 |
$5,729 |
$5,901 |
| 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 |
$12,264 |
$12,632 |
$13,011 |
$13,402 |
$13,804 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$40,168 |
$41,373 |
$42,614 |
$43,893 |
$45,209 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$51,995 |
$51,995 |
$51,995 |
$51,995 |
$51,995 |
| Principal |
$7,662 |
$8,175 |
$8,723 |
$9,307 |
$9,930 |
| Interest |
$44,333 |
$43,820 |
$43,272 |
$42,688 |
$42,065 |
| Loan Balance at End of Year |
$677,854 |
$669,679 |
$660,956 |
$651,649 |
$641,718 |
| 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 |
$5,827 |
$5,827 |
$5,827 |
$5,827 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$65,390 |
$95,863 |
$127,552 |
$160,514 |
$194,809 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$17,654 |
-$16,449 |
-$15,208 |
-$13,929 |
-$6,786 |
| Monhtly Cash Flow |
-$1,471 |
-$1,371 |
-$1,267 |
-$1,161 |
-$565 |
| Cash on Cash Return on Investment |
-0.141% |
-0.132% |
-0.122% |
-0.111% |
-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 |