Santa Clara Deal Analysis
Let's look at deal analysis for Santa Clara, 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 Clara, California Rental Property
|
Typical 20% Down Payment Santa Clara, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$1,625,810
|
|
Purchase Price
|
|
$1,625,810
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$325,162
|
|
Closing Costs
|
1.000%
|
$16,258
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$1,387,177
|
|
Total Invested
|
|
$1,728,597
|
|
Mortgage
|
|
Mortgage Amount
|
|
$1,300,648
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$4,856
$4856.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,748
|
|
Property Taxes
|
0.726%
|
$11,803
|
|
Property Insurance
|
0.173%
|
$2,813
|
|
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%
|
$243,872
|
|
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 |
$1,674,584 |
$1,724,822 |
$1,776,566 |
$1,829,863 |
$1,884,759 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$48,774 |
$50,238 |
$51,745 |
$53,297 |
$54,896 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,856 |
$5,002 |
$5,152 |
$5,307 |
$5,466 |
| 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 |
$4,856 |
$5,002 |
$5,152 |
$5,307 |
$5,466 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$146 |
$150 |
$155 |
$159 |
$164 |
| Monthly Gross Operating Income |
$4,711 |
$4,852 |
$4,997 |
$5,147 |
$5,302 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$58,275 |
$60,023 |
$61,824 |
$63,679 |
$65,589 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$58,275 |
$60,023 |
$61,824 |
$63,679 |
$65,589 |
| Annual Vacancy Dollar |
$1,748 |
$1,801 |
$1,855 |
$1,910 |
$1,968 |
| Annual Gross Operating Income |
$56,527 |
$58,223 |
$59,969 |
$61,768 |
$63,621 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.726% |
0.726% |
0.726% |
0.726% |
0.726% |
| Property Taxes Dollar |
$11,803 |
$12,157 |
$12,522 |
$12,898 |
$13,285 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$2,813 |
$2,897 |
$2,984 |
$3,073 |
$3,166 |
| 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 |
$5,653 |
$5,822 |
$5,997 |
$6,177 |
$6,362 |
| 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 |
$20,269 |
$20,877 |
$21,503 |
$22,148 |
$22,813 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$36,258 |
$37,346 |
$38,466 |
$39,620 |
$40,809 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$103,839 |
$103,839 |
$103,839 |
$103,839 |
$103,839 |
| Principal |
$13,212 |
$14,167 |
$15,191 |
$16,289 |
$17,467 |
| Interest |
$90,627 |
$89,672 |
$88,648 |
$87,549 |
$86,372 |
| Loan Balance at End of Year |
$1,287,436 |
$1,273,269 |
$1,258,077 |
$1,241,788 |
$1,224,321 |
| 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 |
$387,148 |
$451,553 |
$518,489 |
$588,076 |
$660,438 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$67,581 |
-$66,493 |
-$65,373 |
-$64,219 |
-$63,030 |
| Monhtly Cash Flow |
-$5,632 |
-$5,541 |
-$5,448 |
-$5,352 |
-$5,253 |
| Cash on Cash Return on Investment |
-0.039% |
-0.038% |
-0.038% |
-0.037% |
-0.036% |
| 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 |