Simi Valley Deal Analysis
Let's look at deal analysis for Simi Valley, 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 Simi Valley, California Nomad™ Property with 10% Higher Rents
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Typical Simi Valley, 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/#
|
|
ARV
|
|
$763,733
|
|
Purchase Price
|
|
$763,733
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$38,187
|
|
Closing Costs
|
1.000%
|
$7,637
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$252,616
|
|
Total Invested
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|
$298,440
|
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Mortgage
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|
Mortgage Amount
|
|
$725,546.35
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|
Mortgage Interest Rate
|
6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$513.93
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$3,840
$3840.38
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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%
|
$1,383
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Property Taxes
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0.844%
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$6,446
|
|
Property Insurance
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0.173%
|
$1,321
|
|
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%
|
$114,560
|
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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 |
$786,645 |
$810,244 |
$834,552 |
$859,588 |
$885,376 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$22,912 |
$23,599 |
$24,307 |
$25,037 |
$25,788 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,840 |
$3,956 |
$4,074 |
$4,196 |
$4,322 |
| 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 |
$3,840 |
$3,956 |
$4,074 |
$4,196 |
$4,322 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$115 |
$119 |
$122 |
$126 |
$130 |
| Monthly Gross Operating Income |
$3,725 |
$3,837 |
$3,952 |
$4,071 |
$4,193 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$46,085 |
$47,467 |
$48,891 |
$50,358 |
$51,869 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$46,085 |
$47,467 |
$48,891 |
$50,358 |
$51,869 |
| Annual Vacancy Dollar |
$1,383 |
$1,424 |
$1,467 |
$1,511 |
$1,556 |
| Annual Gross Operating Income |
$44,702 |
$46,043 |
$47,424 |
$48,847 |
$50,313 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.844% |
0.844% |
0.844% |
0.844% |
0.844% |
| Property Taxes Dollar |
$6,446 |
$6,639 |
$6,838 |
$7,044 |
$7,255 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,321 |
$1,361 |
$1,402 |
$1,444 |
$1,487 |
| 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 |
$4,470 |
$4,604 |
$4,742 |
$4,885 |
$5,031 |
| 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 |
$12,237 |
$12,604 |
$12,983 |
$13,372 |
$13,773 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$32,465 |
$33,439 |
$34,442 |
$35,475 |
$36,539 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$55,031 |
$55,031 |
$55,031 |
$55,031 |
$55,031 |
| Principal |
$8,110 |
$8,653 |
$9,232 |
$9,851 |
$10,510 |
| Interest |
$46,922 |
$46,379 |
$45,799 |
$45,181 |
$44,521 |
| Loan Balance at End of Year |
$717,437 |
$708,784 |
$699,552 |
$689,701 |
$679,191 |
| 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 |
$6,167 |
$6,167 |
$6,167 |
$6,167 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$69,208 |
$101,460 |
$135,000 |
$169,887 |
$206,185 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$28,734 |
-$27,760 |
-$26,757 |
-$25,724 |
-$18,492 |
| Monhtly Cash Flow |
-$2,394 |
-$2,313 |
-$2,230 |
-$2,144 |
-$1,541 |
| Cash on Cash Return on Investment |
-0.096% |
-0.093% |
-0.090% |
-0.086% |
-0.062% |
| 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 |