Ventura Deal Analysis
Let's look at deal analysis for Ventura, 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 Ventura, California Nomad™ Property with 10% Higher Rents
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Typical Ventura, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$801,692
|
|
Purchase Price
|
|
$801,692
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$40,085
|
|
Closing Costs
|
1.000%
|
$8,017
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$168,250
|
|
Total Invested
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|
$216,351
|
|
Mortgage
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|
Mortgage Amount
|
|
$761,607.40
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|
Mortgage Interest Rate
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6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$539.47
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$4,383
$4383.23
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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%
|
$1,578
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Property Taxes
|
0.706%
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$5,660
|
|
Property Insurance
|
0.173%
|
$1,387
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$120,254
|
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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 |
$825,743 |
$850,515 |
$876,030 |
$902,311 |
$929,381 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$24,051 |
$24,772 |
$25,515 |
$26,281 |
$27,069 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,383 |
$4,515 |
$4,650 |
$4,790 |
$4,933 |
| 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 |
$4,383 |
$4,515 |
$4,650 |
$4,790 |
$4,933 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$131 |
$135 |
$140 |
$144 |
$148 |
| Monthly Gross Operating Income |
$4,252 |
$4,379 |
$4,511 |
$4,646 |
$4,785 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$52,599 |
$54,177 |
$55,802 |
$57,476 |
$59,200 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$52,599 |
$54,177 |
$55,802 |
$57,476 |
$59,200 |
| Annual Vacancy Dollar |
$1,578 |
$1,625 |
$1,674 |
$1,724 |
$1,776 |
| Annual Gross Operating Income |
$51,021 |
$52,551 |
$54,128 |
$55,752 |
$57,424 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.706% |
0.706% |
0.706% |
0.706% |
0.706% |
| Property Taxes Dollar |
$5,660 |
$5,830 |
$6,005 |
$6,185 |
$6,370 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,387 |
$1,429 |
$1,471 |
$1,516 |
$1,561 |
| 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 |
$5,102 |
$5,255 |
$5,413 |
$5,575 |
$5,742 |
| 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 |
$12,149 |
$12,513 |
$12,889 |
$13,275 |
$13,674 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$38,872 |
$40,038 |
$41,239 |
$42,476 |
$43,751 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$57,767 |
$57,767 |
$57,767 |
$57,767 |
$57,767 |
| Principal |
$8,513 |
$9,083 |
$9,691 |
$10,340 |
$11,033 |
| Interest |
$49,254 |
$48,684 |
$48,075 |
$47,426 |
$46,734 |
| Loan Balance at End of Year |
$753,095 |
$744,012 |
$734,321 |
$723,981 |
$712,948 |
| 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 |
$6,474 |
$6,474 |
$6,474 |
$6,474 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$72,648 |
$106,503 |
$141,710 |
$178,331 |
$216,433 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$25,368 |
-$24,202 |
-$23,001 |
-$21,764 |
-$14,016 |
| Monhtly Cash Flow |
-$2,114 |
-$2,017 |
-$1,917 |
-$1,814 |
-$1,168 |
| Cash on Cash Return on Investment |
-0.117% |
-0.112% |
-0.106% |
-0.101% |
-0.065% |
| 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 |