Thousand Oaks Deal Analysis
Let's look at deal analysis for Thousand Oaks, 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 Thousand Oaks, California Rental Property
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Typical 20% Down Payment Thousand Oaks, California Rental Property
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|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$942,922
|
|
Purchase Price
|
|
$942,922
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$188,584
|
|
Closing Costs
|
1.000%
|
$9,429
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$99,343
|
|
Total Invested
|
|
$297,357
|
|
Mortgage
|
|
Mortgage Amount
|
|
$754,337.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$5,040
$5040.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$1,814
|
|
Property Taxes
|
0.775%
|
$7,308
|
|
Property Insurance
|
0.173%
|
$1,631
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$141,438
|
|
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 |
$971,210 |
$1,000,346 |
$1,030,356 |
$1,061,267 |
$1,093,105 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$28,288 |
$29,136 |
$30,010 |
$30,911 |
$31,838 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,040 |
$5,191 |
$5,347 |
$5,507 |
$5,673 |
| 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 |
$5,040 |
$5,191 |
$5,347 |
$5,507 |
$5,673 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$151 |
$156 |
$160 |
$165 |
$170 |
| Monthly Gross Operating Income |
$4,889 |
$5,035 |
$5,187 |
$5,342 |
$5,502 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$60,480 |
$62,294 |
$64,163 |
$66,088 |
$68,071 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$60,480 |
$62,294 |
$64,163 |
$66,088 |
$68,071 |
| Annual Vacancy Dollar |
$1,814 |
$1,869 |
$1,925 |
$1,983 |
$2,042 |
| Annual Gross Operating Income |
$58,666 |
$60,426 |
$62,238 |
$64,105 |
$66,029 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.775% |
0.775% |
0.775% |
0.775% |
0.775% |
| Property Taxes Dollar |
$7,308 |
$7,527 |
$7,753 |
$7,985 |
$8,225 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,631 |
$1,680 |
$1,731 |
$1,783 |
$1,836 |
| 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 |
$5,867 |
$6,043 |
$6,224 |
$6,411 |
$6,603 |
| 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 |
$14,805 |
$15,250 |
$15,707 |
$16,178 |
$16,664 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$43,860 |
$45,176 |
$46,531 |
$47,927 |
$49,365 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$60,224 |
$60,224 |
$60,224 |
$60,224 |
$60,224 |
| Principal |
$7,663 |
$8,217 |
$8,811 |
$9,448 |
$10,130 |
| Interest |
$52,561 |
$52,007 |
$51,413 |
$50,776 |
$50,093 |
| Loan Balance at End of Year |
$746,675 |
$738,458 |
$729,648 |
$720,200 |
$710,070 |
| 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 |
$224,535 |
$261,888 |
$300,709 |
$341,067 |
$383,035 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$16,363 |
-$15,048 |
-$13,692 |
-$12,296 |
-$10,859 |
| Monhtly Cash Flow |
-$1,364 |
-$1,254 |
-$1,141 |
-$1,025 |
-$905 |
| Cash on Cash Return on Investment |
-0.055% |
-0.051% |
-0.046% |
-0.041% |
-0.037% |
| 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 |