Elk Grove Deal Analysis
Let's look at deal analysis for Elk Grove, 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 Elk Grove, California Nomad™ Property with 10% Higher Rents
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Typical Elk Grove, 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
|
|
$608,186
|
|
Purchase Price
|
|
$608,186
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$30,409
|
|
Closing Costs
|
1.000%
|
$6,082
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$178,874
|
|
Total Invested
|
|
$215,365
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Mortgage
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|
Mortgage Amount
|
|
$577,776.70
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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%
|
$409.26
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$3,234
$3234.00
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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%
|
$1,164
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Property Taxes
|
0.986%
|
$5,997
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|
Property Insurance
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0.173%
|
$1,052
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
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%
|
$91,228
|
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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 |
$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 |
$3,234 |
$3,331 |
$3,431 |
$3,534 |
$3,640 |
| 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 |
$3,234 |
$3,331 |
$3,431 |
$3,534 |
$3,640 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$97 |
$100 |
$103 |
$106 |
$109 |
| Monthly Gross Operating Income |
$3,137 |
$3,231 |
$3,328 |
$3,428 |
$3,531 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$38,808 |
$39,972 |
$41,171 |
$42,407 |
$43,679 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$38,808 |
$39,972 |
$41,171 |
$42,407 |
$43,679 |
| Annual Vacancy Dollar |
$1,164 |
$1,199 |
$1,235 |
$1,272 |
$1,310 |
| Annual Gross Operating Income |
$37,644 |
$38,773 |
$39,936 |
$41,134 |
$42,368 |
| 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 |
$3,764 |
$3,877 |
$3,994 |
$4,113 |
$4,237 |
| 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 |
$10,813 |
$11,138 |
$11,472 |
$11,816 |
$12,170 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$26,831 |
$27,635 |
$28,464 |
$29,318 |
$30,198 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$43,823 |
$43,823 |
$43,823 |
$43,823 |
$43,823 |
| Principal |
$6,458 |
$6,890 |
$7,352 |
$7,844 |
$8,370 |
| Interest |
$37,365 |
$36,933 |
$36,471 |
$35,979 |
$35,454 |
| Loan Balance at End of Year |
$571,319 |
$564,428 |
$557,076 |
$549,232 |
$540,863 |
| 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 |
$4,911 |
$4,911 |
$4,911 |
$4,911 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$55,113 |
$80,796 |
$107,505 |
$135,287 |
$164,192 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$21,904 |
-$21,099 |
-$20,270 |
-$19,416 |
-$13,625 |
| Monhtly Cash Flow |
-$1,825 |
-$1,758 |
-$1,689 |
-$1,618 |
-$1,135 |
| Cash on Cash Return on Investment |
-0.102% |
-0.098% |
-0.094% |
-0.090% |
-0.063% |
| 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 |