Long Beach Deal Analysis
Let's look at deal analysis for Long Beach, 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 Long Beach, California Nomad™ Property with 10% Higher Rents
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Typical Long Beach, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$777,430
|
|
Purchase Price
|
|
$777,430
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$38,872
|
|
Closing Costs
|
1.000%
|
$7,774
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$300,433
|
|
Total Invested
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|
$347,079
|
|
Mortgage
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|
Mortgage Amount
|
|
$738,558.50
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|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$523.15
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,667
$3667.13
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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%
|
$1,320
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Property Taxes
|
0.736%
|
$5,722
|
|
Property Insurance
|
0.173%
|
$1,345
|
|
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%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$116,615
|
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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 |
$800,753 |
$824,775 |
$849,519 |
$875,004 |
$901,254 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$23,323 |
$24,023 |
$24,743 |
$25,486 |
$26,250 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,667 |
$3,777 |
$3,890 |
$4,007 |
$4,127 |
| 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 |
$3,667 |
$3,777 |
$3,890 |
$4,007 |
$4,127 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$110 |
$113 |
$117 |
$120 |
$124 |
| Monthly Gross Operating Income |
$3,557 |
$3,664 |
$3,774 |
$3,887 |
$4,004 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$44,006 |
$45,326 |
$46,685 |
$48,086 |
$49,529 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$44,006 |
$45,326 |
$46,685 |
$48,086 |
$49,529 |
| Annual Vacancy Dollar |
$1,320 |
$1,360 |
$1,401 |
$1,443 |
$1,486 |
| Annual Gross Operating Income |
$42,685 |
$43,966 |
$45,285 |
$46,643 |
$48,043 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.736% |
0.736% |
0.736% |
0.736% |
0.736% |
| Property Taxes Dollar |
$5,722 |
$5,894 |
$6,070 |
$6,252 |
$6,440 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,345 |
$1,385 |
$1,427 |
$1,470 |
$1,514 |
| 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 |
$4,269 |
$4,397 |
$4,528 |
$4,664 |
$4,804 |
| 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 |
$11,335 |
$11,675 |
$12,026 |
$12,386 |
$12,758 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$31,350 |
$32,291 |
$33,259 |
$34,257 |
$35,285 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$56,018 |
$56,018 |
$56,018 |
$56,018 |
$56,018 |
| Principal |
$8,255 |
$8,808 |
$9,398 |
$10,027 |
$10,699 |
| Interest |
$47,763 |
$47,210 |
$46,621 |
$45,991 |
$45,320 |
| Loan Balance at End of Year |
$730,303 |
$721,496 |
$712,098 |
$702,071 |
$691,372 |
| 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 |
$6,278 |
$6,278 |
$6,278 |
$6,278 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$70,449 |
$103,280 |
$137,421 |
$172,934 |
$209,882 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$30,946 |
-$30,006 |
-$29,037 |
-$28,039 |
-$20,734 |
| Monhtly Cash Flow |
-$2,579 |
-$2,500 |
-$2,420 |
-$2,337 |
-$1,728 |
| Cash on Cash Return on Investment |
-0.089% |
-0.086% |
-0.084% |
-0.081% |
-0.060% |
| 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 |