Pasadena Deal Analysis
Let's look at deal analysis for Pasadena, CA and for 
32 10 20% Down Rental Properties (no Owner-Occupant).
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 20% Down Payment Pasadena, California Rental Property
|
Typical 20% Down Payment Pasadena, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$1,166,096
|
|
Purchase Price
|
|
$1,166,096
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$233,219
|
|
Closing Costs
|
1.000%
|
$11,661
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$188,242
|
|
Total Invested
|
|
$433,122
|
|
Mortgage
|
|
Mortgage Amount
|
|
$932,876.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$5,775
$5775.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$2,079
|
|
Property Taxes
|
0.737%
|
$8,594
|
|
Property Insurance
|
0.173%
|
$2,017
|
|
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%
|
$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 |
$5,775 |
$5,948 |
$6,127 |
$6,310 |
$6,500 |
| 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 |
$5,775 |
$5,948 |
$6,127 |
$6,310 |
$6,500 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$173 |
$178 |
$184 |
$189 |
$195 |
| Monthly Gross Operating Income |
$5,602 |
$5,770 |
$5,943 |
$6,121 |
$6,305 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$69,300 |
$71,379 |
$73,520 |
$75,726 |
$77,998 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$69,300 |
$71,379 |
$73,520 |
$75,726 |
$77,998 |
| Annual Vacancy Dollar |
$2,079 |
$2,141 |
$2,206 |
$2,272 |
$2,340 |
| Annual Gross Operating Income |
$67,221 |
$69,238 |
$71,315 |
$73,454 |
$75,658 |
| 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 |
$6,722 |
$6,924 |
$7,131 |
$7,345 |
$7,566 |
| 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 |
$17,334 |
$17,854 |
$18,389 |
$18,941 |
$19,509 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$49,887 |
$51,384 |
$52,926 |
$54,513 |
$56,149 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$74,477 |
$74,477 |
$74,477 |
$74,477 |
$74,477 |
| Principal |
$9,476 |
$10,161 |
$10,896 |
$11,683 |
$12,528 |
| Interest |
$65,001 |
$64,316 |
$63,582 |
$62,794 |
$61,949 |
| Loan Balance at End of Year |
$923,401 |
$913,239 |
$902,344 |
$890,660 |
$878,132 |
| Loan-To-Value |
76.881% |
73.820% |
70.815% |
67.862% |
64.959% |
| Private Mortgage Insurance (PMI) Rate |
0.000% |
0.000% |
0.000% |
0.000% |
0.000% |
| Private Mortgage Insurance Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$277,678 |
$323,872 |
$371,881 |
$421,791 |
$473,693 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$24,590 |
-$23,093 |
-$21,552 |
-$19,964 |
-$18,329 |
| Monhtly Cash Flow |
-$2,049 |
-$1,924 |
-$1,796 |
-$1,664 |
-$1,527 |
| Cash on Cash Return on Investment |
-0.057% |
-0.053% |
-0.050% |
-0.046% |
-0.042% |
| 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 |