Santa Ana Deal Analysis
Let's look at deal analysis for Santa Ana, 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 Santa Ana, California Nomad™ Property with 10% Higher Rents
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Typical Santa Ana, 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
|
|
$755,270
|
|
Purchase Price
|
|
$755,270
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$37,764
|
|
Closing Costs
|
1.000%
|
$7,553
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$90,294
|
|
Total Invested
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|
$135,611
|
|
Mortgage
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|
Mortgage Amount
|
|
$717,506.50
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$508.23
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$4,614
$4614.23
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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%
|
$1,661
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Property Taxes
|
0.722%
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$5,453
|
|
Property Insurance
|
0.173%
|
$1,307
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$113,291
|
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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 |
$777,928 |
$801,266 |
$825,304 |
$850,063 |
$875,565 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$22,658 |
$23,338 |
$24,038 |
$24,759 |
$25,502 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,614 |
$4,753 |
$4,895 |
$5,042 |
$5,193 |
| 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 |
$4,614 |
$4,753 |
$4,895 |
$5,042 |
$5,193 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$138 |
$143 |
$147 |
$151 |
$156 |
| Monthly Gross Operating Income |
$4,476 |
$4,610 |
$4,748 |
$4,891 |
$5,038 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$55,371 |
$57,032 |
$58,743 |
$60,505 |
$62,320 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$55,371 |
$57,032 |
$58,743 |
$60,505 |
$62,320 |
| Annual Vacancy Dollar |
$1,661 |
$1,711 |
$1,762 |
$1,815 |
$1,870 |
| Annual Gross Operating Income |
$53,710 |
$55,321 |
$56,981 |
$58,690 |
$60,451 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.722% |
0.722% |
0.722% |
0.722% |
0.722% |
| Property Taxes Dollar |
$5,453 |
$5,617 |
$5,785 |
$5,959 |
$6,137 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,307 |
$1,346 |
$1,386 |
$1,428 |
$1,471 |
| 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 |
$5,371 |
$5,532 |
$5,698 |
$5,869 |
$6,045 |
| 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 |
$12,131 |
$12,495 |
$12,869 |
$13,255 |
$13,653 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$41,579 |
$42,826 |
$44,111 |
$45,435 |
$46,798 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$54,422 |
$54,422 |
$54,422 |
$54,422 |
$54,422 |
| Principal |
$8,020 |
$8,557 |
$9,130 |
$9,741 |
$10,394 |
| Interest |
$46,402 |
$45,865 |
$45,292 |
$44,680 |
$44,028 |
| Loan Balance at End of Year |
$709,487 |
$700,930 |
$691,800 |
$682,059 |
$671,665 |
| 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 |
$6,099 |
$6,099 |
$6,099 |
$6,099 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$68,441 |
$100,336 |
$133,504 |
$168,004 |
$203,900 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$18,941 |
-$17,694 |
-$16,409 |
-$15,086 |
-$7,624 |
| Monhtly Cash Flow |
-$1,578 |
-$1,474 |
-$1,367 |
-$1,257 |
-$635 |
| Cash on Cash Return on Investment |
-0.140% |
-0.130% |
-0.121% |
-0.111% |
-0.056% |
| 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 |