Santa Clarita Deal Analysis
Let's look at deal analysis for Santa Clarita, 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 Clarita, California Rental Property
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Typical 20% Down Payment Santa Clarita, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$743,585
|
|
Purchase Price
|
|
$743,585
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$148,717
|
|
Closing Costs
|
1.000%
|
$7,436
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$118,114
|
|
Total Invested
|
|
$274,267
|
|
Mortgage
|
|
Mortgage Amount
|
|
$594,868
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,938
$3937.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,418
|
|
Property Taxes
|
1.081%
|
$8,038
|
|
Property Insurance
|
0.173%
|
$1,286
|
|
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%
|
$111,538
|
|
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 |
$765,893 |
$788,869 |
$812,535 |
$836,911 |
$862,019 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$22,308 |
$22,977 |
$23,666 |
$24,376 |
$25,107 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,938 |
$4,056 |
$4,177 |
$4,303 |
$4,432 |
| 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 |
$3,938 |
$4,056 |
$4,177 |
$4,303 |
$4,432 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$118 |
$122 |
$125 |
$129 |
$133 |
| Monthly Gross Operating Income |
$3,819 |
$3,934 |
$4,052 |
$4,174 |
$4,299 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$47,250 |
$48,668 |
$50,128 |
$51,631 |
$53,180 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$47,250 |
$48,668 |
$50,128 |
$51,631 |
$53,180 |
| Annual Vacancy Dollar |
$1,418 |
$1,460 |
$1,504 |
$1,549 |
$1,595 |
| Annual Gross Operating Income |
$45,833 |
$47,207 |
$48,624 |
$50,082 |
$51,585 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.081% |
1.081% |
1.081% |
1.081% |
1.081% |
| Property Taxes Dollar |
$8,038 |
$8,279 |
$8,528 |
$8,784 |
$9,047 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,286 |
$1,325 |
$1,365 |
$1,406 |
$1,448 |
| 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 |
$4,583 |
$4,721 |
$4,862 |
$5,008 |
$5,158 |
| 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 |
$13,908 |
$14,325 |
$14,755 |
$15,197 |
$15,653 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$31,925 |
$32,882 |
$33,869 |
$34,885 |
$35,932 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$47,492 |
$47,492 |
$47,492 |
$47,492 |
$47,492 |
| Principal |
$6,043 |
$6,480 |
$6,948 |
$7,450 |
$7,989 |
| Interest |
$41,449 |
$41,013 |
$40,544 |
$40,042 |
$39,503 |
| Loan Balance at End of Year |
$588,825 |
$582,346 |
$575,398 |
$567,948 |
$559,959 |
| 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 |
$177,067 |
$206,524 |
$237,138 |
$268,964 |
$302,060 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$15,567 |
-$14,610 |
-$13,623 |
-$12,607 |
-$11,561 |
| Monhtly Cash Flow |
-$1,297 |
-$1,217 |
-$1,135 |
-$1,051 |
-$963 |
| 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 |