Simi Valley Deal Analysis
Let's look at deal analysis for Simi Valley, 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 Simi Valley, California Rental Property
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Typical 20% Down Payment Simi Valley, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$763,733
|
|
Purchase Price
|
|
$763,733
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$152,747
|
|
Closing Costs
|
1.000%
|
$7,637
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$201,852
|
|
Total Invested
|
|
$362,236
|
|
Mortgage
|
|
Mortgage Amount
|
|
$610,986.40
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,491
$3491.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,257
|
|
Property Taxes
|
0.844%
|
$6,446
|
|
Property Insurance
|
0.173%
|
$1,321
|
|
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%
|
$114,560
|
|
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 |
$3,491 |
$3,596 |
$3,704 |
$3,815 |
$3,929 |
| 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 |
$3,491 |
$3,596 |
$3,704 |
$3,815 |
$3,929 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$105 |
$108 |
$111 |
$114 |
$118 |
| Monthly Gross Operating Income |
$3,387 |
$3,488 |
$3,593 |
$3,701 |
$3,812 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,895 |
$43,152 |
$44,446 |
$45,780 |
$47,153 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,895 |
$43,152 |
$44,446 |
$45,780 |
$47,153 |
| Annual Vacancy Dollar |
$1,257 |
$1,295 |
$1,333 |
$1,373 |
$1,415 |
| Annual Gross Operating Income |
$40,638 |
$41,857 |
$43,113 |
$44,406 |
$45,739 |
| 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 |
$4,064 |
$4,186 |
$4,311 |
$4,441 |
$4,574 |
| 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 |
$11,831 |
$12,186 |
$12,551 |
$12,928 |
$13,316 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$28,807 |
$29,671 |
$30,562 |
$31,478 |
$32,423 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$48,779 |
$48,779 |
$48,779 |
$48,779 |
$48,779 |
| Principal |
$6,206 |
$6,655 |
$7,136 |
$7,652 |
$8,205 |
| Interest |
$42,572 |
$42,124 |
$41,643 |
$41,127 |
$40,574 |
| Loan Balance at End of Year |
$604,780 |
$598,125 |
$590,989 |
$583,336 |
$575,131 |
| 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 |
$181,865 |
$212,120 |
$243,563 |
$276,252 |
$310,245 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$19,972 |
-$19,108 |
-$18,217 |
-$17,301 |
-$16,356 |
| Monhtly Cash Flow |
-$1,664 |
-$1,592 |
-$1,518 |
-$1,442 |
-$1,363 |
| Cash on Cash Return on Investment |
-0.055% |
-0.053% |
-0.050% |
-0.048% |
-0.045% |
| 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 |