Santa Clara Deal Analysis
Let's look at deal analysis for Santa Clara, 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 Santa Clara, California Nomad™ Property with 10% Higher Rents
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Typical Santa Clara, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$1,625,810
|
|
Purchase Price
|
|
$1,625,810
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$81,291
|
|
Closing Costs
|
1.000%
|
$16,258
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$1,595,164
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|
Total Invested
|
|
$1,692,713
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|
Mortgage
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|
Mortgage Amount
|
|
$1,544,519.50
|
|
Mortgage Interest Rate
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6.500%
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|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$1,094.03
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|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
|
|
$5,342
$5341.88
|
|
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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$1,923
|
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Property Taxes
|
0.726%
|
$11,803
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|
Property Insurance
|
0.173%
|
$2,813
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$243,872
|
|
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 |
$1,674,584 |
$1,724,822 |
$1,776,566 |
$1,829,863 |
$1,884,759 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$48,774 |
$50,238 |
$51,745 |
$53,297 |
$54,896 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,342 |
$5,502 |
$5,667 |
$5,837 |
$6,012 |
| 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 |
$5,342 |
$5,502 |
$5,667 |
$5,837 |
$6,012 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$160 |
$165 |
$170 |
$175 |
$180 |
| Monthly Gross Operating Income |
$5,182 |
$5,337 |
$5,497 |
$5,662 |
$5,832 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$64,103 |
$66,026 |
$68,006 |
$70,047 |
$72,148 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$64,103 |
$66,026 |
$68,006 |
$70,047 |
$72,148 |
| Annual Vacancy Dollar |
$1,923 |
$1,981 |
$2,040 |
$2,101 |
$2,164 |
| Annual Gross Operating Income |
$62,179 |
$64,045 |
$65,966 |
$67,945 |
$69,984 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.726% |
0.726% |
0.726% |
0.726% |
0.726% |
| Property Taxes Dollar |
$11,803 |
$12,157 |
$12,522 |
$12,898 |
$13,285 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$2,813 |
$2,897 |
$2,984 |
$3,073 |
$3,166 |
| 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 |
$6,218 |
$6,404 |
$6,597 |
$6,795 |
$6,998 |
| 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 |
$20,834 |
$21,459 |
$22,103 |
$22,766 |
$23,449 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$41,346 |
$42,586 |
$43,863 |
$45,179 |
$46,535 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$117,149 |
$117,149 |
$117,149 |
$117,149 |
$117,149 |
| Principal |
$17,263 |
$18,420 |
$19,653 |
$20,969 |
$22,374 |
| Interest |
$99,885 |
$98,729 |
$97,496 |
$96,180 |
$94,775 |
| Loan Balance at End of Year |
$1,527,256 |
$1,508,836 |
$1,489,183 |
$1,468,214 |
$1,445,840 |
| 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 |
$13,128 |
$13,128 |
$13,128 |
$13,128 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$147,328 |
$215,985 |
$287,383 |
$361,650 |
$438,919 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$88,932 |
-$87,691 |
-$86,414 |
-$85,098 |
-$70,614 |
| Monhtly Cash Flow |
-$7,411 |
-$7,308 |
-$7,201 |
-$7,091 |
-$5,885 |
| Cash on Cash Return on Investment |
-0.053% |
-0.052% |
-0.051% |
-0.050% |
-0.042% |
| 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 |