Santa Ana Deal Analysis
Let's look at deal analysis for Santa Ana, 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 Santa Ana, California Rental Property
|
Typical 20% Down Payment Santa Ana, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$755,270
|
|
Purchase Price
|
|
$755,270
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$151,054
|
|
Closing Costs
|
1.000%
|
$7,553
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$55,462
|
|
Total Invested
|
|
$214,068
|
|
Mortgage
|
|
Mortgage Amount
|
|
$604,216
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$4,195
$4194.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,510
|
|
Property Taxes
|
0.722%
|
$5,453
|
|
Property Insurance
|
0.173%
|
$1,307
|
|
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%
|
$113,291
|
|
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 |
$4,195 |
$4,321 |
$4,450 |
$4,584 |
$4,721 |
| 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 |
$4,195 |
$4,321 |
$4,450 |
$4,584 |
$4,721 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$126 |
$130 |
$134 |
$138 |
$142 |
| Monthly Gross Operating Income |
$4,069 |
$4,191 |
$4,317 |
$4,446 |
$4,580 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$50,337 |
$51,847 |
$53,403 |
$55,005 |
$56,655 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$50,337 |
$51,847 |
$53,403 |
$55,005 |
$56,655 |
| Annual Vacancy Dollar |
$1,510 |
$1,555 |
$1,602 |
$1,650 |
$1,700 |
| Annual Gross Operating Income |
$48,827 |
$50,292 |
$51,800 |
$53,354 |
$54,955 |
| 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 |
$4,883 |
$5,029 |
$5,180 |
$5,335 |
$5,496 |
| 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 |
$11,642 |
$11,992 |
$12,351 |
$12,722 |
$13,104 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$37,185 |
$38,300 |
$39,449 |
$40,633 |
$41,852 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$48,238 |
$48,238 |
$48,238 |
$48,238 |
$48,238 |
| Principal |
$6,138 |
$6,581 |
$7,057 |
$7,567 |
$8,114 |
| Interest |
$42,101 |
$41,657 |
$41,181 |
$40,671 |
$40,124 |
| Loan Balance at End of Year |
$598,078 |
$591,497 |
$584,440 |
$576,873 |
$568,758 |
| 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 |
$179,850 |
$209,769 |
$240,864 |
$273,190 |
$306,807 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$11,054 |
-$9,938 |
-$8,789 |
-$7,606 |
-$6,387 |
| Monhtly Cash Flow |
-$921 |
-$828 |
-$732 |
-$634 |
-$532 |
| Cash on Cash Return on Investment |
-0.052% |
-0.046% |
-0.041% |
-0.036% |
-0.030% |
| 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 |