Carlsbad Deal Analysis
Let's look at deal analysis for Carlsbad, 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 Carlsbad, California Rental Property
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Typical 20% Down Payment Carlsbad, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$1,204,655
|
|
Purchase Price
|
|
$1,204,655
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$240,931
|
|
Closing Costs
|
1.000%
|
$12,047
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$233,809
|
|
Total Invested
|
|
$486,786
|
|
Mortgage
|
|
Mortgage Amount
|
|
$963,724
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$5,880
$5880.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$2,117
|
|
Property Taxes
|
0.843%
|
$10,155
|
|
Property Insurance
|
0.173%
|
$2,084
|
|
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%
|
$180,698
|
|
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 |
$1,240,795 |
$1,278,018 |
$1,316,359 |
$1,355,850 |
$1,396,525 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$36,140 |
$37,224 |
$38,341 |
$39,491 |
$40,675 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$5,880 |
$6,056 |
$6,238 |
$6,425 |
$6,618 |
| 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 |
$5,880 |
$6,056 |
$6,238 |
$6,425 |
$6,618 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$176 |
$182 |
$187 |
$193 |
$199 |
| Monthly Gross Operating Income |
$5,704 |
$5,875 |
$6,051 |
$6,232 |
$6,419 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$70,560 |
$72,677 |
$74,857 |
$77,103 |
$79,416 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$70,560 |
$72,677 |
$74,857 |
$77,103 |
$79,416 |
| Annual Vacancy Dollar |
$2,117 |
$2,180 |
$2,246 |
$2,313 |
$2,382 |
| Annual Gross Operating Income |
$68,443 |
$70,496 |
$72,611 |
$74,790 |
$77,033 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.843% |
0.843% |
0.843% |
0.843% |
0.843% |
| Property Taxes Dollar |
$10,155 |
$10,460 |
$10,774 |
$11,097 |
$11,430 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$2,084 |
$2,147 |
$2,211 |
$2,277 |
$2,346 |
| 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 |
$6,844 |
$7,050 |
$7,261 |
$7,479 |
$7,703 |
| 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 |
$19,084 |
$19,656 |
$20,246 |
$20,853 |
$21,479 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$49,360 |
$50,840 |
$52,366 |
$53,937 |
$55,555 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$76,940 |
$76,940 |
$76,940 |
$76,940 |
$76,940 |
| Principal |
$9,790 |
$10,497 |
$11,256 |
$12,070 |
$12,942 |
| Interest |
$67,151 |
$66,443 |
$65,684 |
$64,870 |
$63,998 |
| Loan Balance at End of Year |
$953,934 |
$943,437 |
$932,181 |
$920,111 |
$907,169 |
| 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 |
$286,860 |
$334,581 |
$384,178 |
$435,739 |
$489,357 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$27,581 |
-$26,100 |
-$24,575 |
-$23,004 |
-$21,386 |
| Monhtly Cash Flow |
-$2,298 |
-$2,175 |
-$2,048 |
-$1,917 |
-$1,782 |
| Cash on Cash Return on Investment |
-0.057% |
-0.054% |
-0.050% |
-0.047% |
-0.044% |
| 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 |