Chula Vista Deal Analysis
Let's look at deal analysis for Chula Vista, 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 Chula Vista, California Rental Property
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Typical 20% Down Payment Chula Vista, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$771,020
|
|
Purchase Price
|
|
$771,020
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$154,204
|
|
Closing Costs
|
1.000%
|
$7,710
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$203,346
|
|
Total Invested
|
|
$365,260
|
|
Mortgage
|
|
Mortgage Amount
|
|
$616,816
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,675
$3675.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,323
|
|
Property Taxes
|
1.046%
|
$8,065
|
|
Property Insurance
|
0.173%
|
$1,334
|
|
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%
|
$115,653
|
|
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 |
$3,675 |
$3,785 |
$3,899 |
$4,016 |
$4,136 |
| 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 |
$3,675 |
$3,785 |
$3,899 |
$4,016 |
$4,136 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$110 |
$114 |
$117 |
$120 |
$124 |
| Monthly Gross Operating Income |
$3,565 |
$3,672 |
$3,782 |
$3,895 |
$4,012 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$44,100 |
$45,423 |
$46,786 |
$48,189 |
$49,635 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$44,100 |
$45,423 |
$46,786 |
$48,189 |
$49,635 |
| Annual Vacancy Dollar |
$1,323 |
$1,363 |
$1,404 |
$1,446 |
$1,489 |
| Annual Gross Operating Income |
$42,777 |
$44,060 |
$45,382 |
$46,744 |
$48,146 |
| 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 |
$4,278 |
$4,406 |
$4,538 |
$4,674 |
$4,815 |
| 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 |
$13,676 |
$14,087 |
$14,509 |
$14,945 |
$15,393 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$29,101 |
$29,974 |
$30,873 |
$31,799 |
$32,753 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$49,244 |
$49,244 |
$49,244 |
$49,244 |
$49,244 |
| Principal |
$6,266 |
$6,719 |
$7,204 |
$7,725 |
$8,284 |
| Interest |
$42,979 |
$42,526 |
$42,040 |
$41,519 |
$40,961 |
| Loan Balance at End of Year |
$610,550 |
$603,832 |
$596,627 |
$588,902 |
$580,619 |
| 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 |
$183,600 |
$214,143 |
$245,887 |
$278,887 |
$313,205 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$20,144 |
-$19,271 |
-$18,371 |
-$17,445 |
-$16,491 |
| Monhtly Cash Flow |
-$1,679 |
-$1,606 |
-$1,531 |
-$1,454 |
-$1,374 |
| Cash on Cash Return on Investment |
-0.055% |
-0.053% |
-0.050% |
-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 |