Oakland Deal Analysis
Let's look at deal analysis for Oakland, 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 Oakland, California Nomad™ Property with 10% Higher Rents
|
Typical Oakland, California Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$723,587
|
|
Purchase Price
|
|
$723,587
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$36,179
|
|
Closing Costs
|
1.000%
|
$7,236
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$107,373
|
|
Total Invested
|
|
$150,788
|
|
Mortgage
|
|
Mortgage Amount
|
|
$687,407.65
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$486.91
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$4,399
$4399.40
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,584
|
|
Property Taxes
|
0.933%
|
$6,751
|
|
Property Insurance
|
0.173%
|
$1,252
|
|
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%
|
$108,538
|
|
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 |
$745,295 |
$767,653 |
$790,683 |
$814,404 |
$838,836 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$21,708 |
$22,359 |
$23,030 |
$23,720 |
$24,432 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,399 |
$4,531 |
$4,667 |
$4,807 |
$4,952 |
| 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 |
$4,399 |
$4,531 |
$4,667 |
$4,807 |
$4,952 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$132 |
$136 |
$140 |
$144 |
$149 |
| Monthly Gross Operating Income |
$4,267 |
$4,395 |
$4,527 |
$4,663 |
$4,803 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$52,793 |
$54,377 |
$56,008 |
$57,688 |
$59,419 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$52,793 |
$54,377 |
$56,008 |
$57,688 |
$59,419 |
| Annual Vacancy Dollar |
$1,584 |
$1,631 |
$1,680 |
$1,731 |
$1,783 |
| Annual Gross Operating Income |
$51,209 |
$52,745 |
$54,328 |
$55,957 |
$57,636 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.933% |
0.933% |
0.933% |
0.933% |
0.933% |
| Property Taxes Dollar |
$6,751 |
$6,954 |
$7,162 |
$7,377 |
$7,598 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,252 |
$1,289 |
$1,328 |
$1,368 |
$1,409 |
| 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 |
$5,121 |
$5,275 |
$5,433 |
$5,596 |
$5,764 |
| 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 |
$13,124 |
$13,517 |
$13,923 |
$14,341 |
$14,771 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$38,085 |
$39,228 |
$40,405 |
$41,617 |
$42,865 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$52,139 |
$52,139 |
$52,139 |
$52,139 |
$52,139 |
| Principal |
$7,683 |
$8,198 |
$8,747 |
$9,333 |
$9,958 |
| Interest |
$44,455 |
$43,941 |
$43,392 |
$42,806 |
$42,181 |
| Loan Balance at End of Year |
$679,724 |
$671,527 |
$662,780 |
$653,447 |
$643,489 |
| 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 |
$5,843 |
$5,843 |
$5,843 |
$5,843 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$65,570 |
$96,127 |
$127,903 |
$160,957 |
$195,346 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$19,896 |
-$18,754 |
-$17,577 |
-$16,365 |
-$9,273 |
| Monhtly Cash Flow |
-$1,658 |
-$1,563 |
-$1,465 |
-$1,364 |
-$773 |
| Cash on Cash Return on Investment |
-0.132% |
-0.124% |
-0.117% |
-0.109% |
-0.061% |
| 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 |