Fontana Deal Analysis
Let's look at deal analysis for Fontana, 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 Fontana, California Nomad™ Property with 10% Higher Rents
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Typical Fontana, 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
|
|
$540,356
|
|
Purchase Price
|
|
$540,356
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$27,018
|
|
Closing Costs
|
1.000%
|
$5,404
|
|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
|
|
$97,742
|
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Total Invested
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$130,163
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Mortgage
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Mortgage Amount
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$513,338.20
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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
|
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Private Mortgage Insurance
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0.850%
|
$363.61
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Drop PMI LTV
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80.000%
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|
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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%
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$1,164
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Property Taxes
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1.067%
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$5,766
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Property Insurance
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0.173%
|
$935
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|
HOA Dues
|
|
$0
|
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Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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Other Expenses 2
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|
$0
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Maintenance
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10.000%
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|
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CapEx
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|
$0
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Management
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0.000%
|
|
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Depreciation Details
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Land Value
|
15.000%
|
$81,053
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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 |
$556,567 |
$573,264 |
$590,462 |
$608,175 |
$626,421 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$16,211 |
$16,697 |
$17,198 |
$17,714 |
$18,245 |
| 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 |
1.067% |
1.067% |
1.067% |
1.067% |
1.067% |
| Property Taxes Dollar |
$5,766 |
$5,939 |
$6,117 |
$6,300 |
$6,489 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$935 |
$963 |
$992 |
$1,021 |
$1,052 |
| 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 |
$10,465 |
$10,779 |
$11,102 |
$11,435 |
$11,778 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,179 |
$27,994 |
$28,834 |
$29,699 |
$30,590 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$38,936 |
$38,936 |
$38,936 |
$38,936 |
$38,936 |
| Principal |
$5,738 |
$6,122 |
$6,532 |
$6,969 |
$7,436 |
| Interest |
$33,198 |
$32,814 |
$32,404 |
$31,966 |
$31,500 |
| Loan Balance at End of Year |
$507,600 |
$501,478 |
$494,946 |
$487,977 |
$480,541 |
| 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 |
$4,363 |
$4,363 |
$4,363 |
$4,363 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$48,966 |
$71,785 |
$95,515 |
$120,199 |
$145,880 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$16,120 |
-$15,305 |
-$14,465 |
-$13,600 |
-$8,346 |
| Monhtly Cash Flow |
-$1,343 |
-$1,275 |
-$1,205 |
-$1,133 |
-$695 |
| Cash on Cash Return on Investment |
-0.124% |
-0.118% |
-0.111% |
-0.104% |
-0.064% |
| 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 |