Pasadena Deal Analysis
Let's look at deal analysis for Pasadena, 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 Pasadena, California Nomad™ Property with 10% Higher Rents
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Typical Pasadena, 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
|
|
$1,166,096
|
|
Purchase Price
|
|
$1,166,096
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$58,305
|
|
Closing Costs
|
1.000%
|
$11,661
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$254,986
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Total Invested
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|
$324,951
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Mortgage
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|
Mortgage Amount
|
|
$1,107,791.20
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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
|
|
Private Mortgage Insurance
|
0.850%
|
$784.69
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Drop PMI LTV
|
80.000%
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|
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Income
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Monthly Rent
|
|
$6,353
$6352.50
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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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$2,287
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Property Taxes
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0.737%
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$8,594
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Property Insurance
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0.173%
|
$2,017
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$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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|
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Depreciation Details
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Land Value
|
15.000%
|
$174,914
|
|
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 |
$1,201,079 |
$1,237,111 |
$1,274,225 |
$1,312,451 |
$1,351,825 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$34,983 |
$36,032 |
$37,113 |
$38,227 |
$39,374 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$6,353 |
$6,543 |
$6,739 |
$6,942 |
$7,150 |
| 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 |
$6,353 |
$6,543 |
$6,739 |
$6,942 |
$7,150 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$191 |
$196 |
$202 |
$208 |
$214 |
| Monthly Gross Operating Income |
$6,162 |
$6,347 |
$6,537 |
$6,733 |
$6,935 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$76,230 |
$78,517 |
$80,872 |
$83,299 |
$85,798 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$76,230 |
$78,517 |
$80,872 |
$83,299 |
$85,798 |
| Annual Vacancy Dollar |
$2,287 |
$2,356 |
$2,426 |
$2,499 |
$2,574 |
| Annual Gross Operating Income |
$73,943 |
$76,161 |
$78,446 |
$80,800 |
$83,224 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.737% |
0.737% |
0.737% |
0.737% |
0.737% |
| Property Taxes Dollar |
$8,594 |
$8,852 |
$9,118 |
$9,391 |
$9,673 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$2,017 |
$2,078 |
$2,140 |
$2,204 |
$2,271 |
| 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 |
$7,394 |
$7,616 |
$7,845 |
$8,080 |
$8,322 |
| 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 |
$18,006 |
$18,546 |
$19,102 |
$19,675 |
$20,266 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$55,937 |
$57,615 |
$59,344 |
$61,124 |
$62,958 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$84,024 |
$84,024 |
$84,024 |
$84,024 |
$84,024 |
| Principal |
$12,382 |
$13,211 |
$14,096 |
$15,040 |
$16,047 |
| Interest |
$71,642 |
$70,813 |
$69,928 |
$68,984 |
$67,977 |
| Loan Balance at End of Year |
$1,095,409 |
$1,082,198 |
$1,068,102 |
$1,053,062 |
$1,037,014 |
| 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 |
$9,416 |
$9,416 |
$9,416 |
$9,416 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$105,670 |
$154,913 |
$206,123 |
$259,390 |
$314,810 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$37,503 |
-$35,825 |
-$34,096 |
-$32,316 |
-$21,066 |
| Monhtly Cash Flow |
-$3,125 |
-$2,985 |
-$2,841 |
-$2,693 |
-$1,755 |
| Cash on Cash Return on Investment |
-0.115% |
-0.110% |
-0.105% |
-0.099% |
-0.065% |
| 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 |