Chula Vista Deal Analysis
Let's look at deal analysis for Chula Vista, 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 Chula Vista, California Nomad™ Property with 10% Higher Rents
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Typical Chula Vista, 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/#
|
|
ARV
|
|
$771,020
|
|
Purchase Price
|
|
$771,020
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$38,551
|
|
Closing Costs
|
1.000%
|
$7,710
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$250,916
|
|
Total Invested
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$297,177
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Mortgage
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|
Mortgage Amount
|
|
$732,469
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$518.83
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|
Drop PMI LTV
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80.000%
|
|
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Income
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|
Monthly Rent
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|
$4,043
$4042.50
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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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$1,455
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Property Taxes
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1.046%
|
$8,065
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|
Property Insurance
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0.173%
|
$1,334
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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%
|
|
|
CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$115,653
|
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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 |
$794,151 |
$817,975 |
$842,514 |
$867,790 |
$893,823 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$23,131 |
$23,825 |
$24,539 |
$25,275 |
$26,034 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,043 |
$4,164 |
$4,289 |
$4,417 |
$4,550 |
| 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 |
$4,043 |
$4,164 |
$4,289 |
$4,417 |
$4,550 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$121 |
$125 |
$129 |
$133 |
$136 |
| Monthly Gross Operating Income |
$3,921 |
$4,039 |
$4,160 |
$4,285 |
$4,413 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$48,510 |
$49,965 |
$51,464 |
$53,008 |
$54,598 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$48,510 |
$49,965 |
$51,464 |
$53,008 |
$54,598 |
| Annual Vacancy Dollar |
$1,455 |
$1,499 |
$1,544 |
$1,590 |
$1,638 |
| Annual Gross Operating Income |
$47,055 |
$48,466 |
$49,920 |
$51,418 |
$52,960 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.046% |
1.046% |
1.046% |
1.046% |
1.046% |
| Property Taxes Dollar |
$8,065 |
$8,307 |
$8,556 |
$8,813 |
$9,077 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,334 |
$1,374 |
$1,415 |
$1,458 |
$1,501 |
| 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 |
$4,705 |
$4,847 |
$4,992 |
$5,142 |
$5,296 |
| 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 |
$14,104 |
$14,527 |
$14,963 |
$15,412 |
$15,874 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$32,950 |
$33,939 |
$34,957 |
$36,006 |
$37,086 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$55,556 |
$55,556 |
$55,556 |
$55,556 |
$55,556 |
| Principal |
$8,187 |
$8,735 |
$9,320 |
$9,944 |
$10,610 |
| Interest |
$47,369 |
$46,821 |
$46,236 |
$45,612 |
$44,946 |
| Loan Balance at End of Year |
$724,282 |
$715,547 |
$706,226 |
$696,282 |
$685,672 |
| 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 |
$6,226 |
$6,226 |
$6,226 |
$6,226 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$69,869 |
$102,428 |
$136,288 |
$171,508 |
$208,152 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$28,832 |
-$27,843 |
-$26,825 |
-$25,776 |
-$18,470 |
| Monhtly Cash Flow |
-$2,403 |
-$2,320 |
-$2,235 |
-$2,148 |
-$1,539 |
| Cash on Cash Return on Investment |
-0.097% |
-0.094% |
-0.090% |
-0.087% |
-0.062% |
| 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 |