Concord Deal Analysis
Let's look at deal analysis for Concord, 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 Concord, California Nomad™ Property with 10% Higher Rents
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Typical Concord, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$693,534
|
|
Purchase Price
|
|
$693,534
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$34,677
|
|
Closing Costs
|
1.000%
|
$6,935
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$197,831
|
|
Total Invested
|
|
$239,443
|
|
Mortgage
|
|
Mortgage Amount
|
|
$658,857.30
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$466.69
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,581
$3580.50
|
|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$1,289
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|
Property Taxes
|
0.783%
|
$5,430
|
|
Property Insurance
|
0.173%
|
$1,200
|
|
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%
|
$104,030
|
|
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 |
$714,340 |
$735,770 |
$757,843 |
$780,579 |
$803,996 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$20,806 |
$21,430 |
$22,073 |
$22,735 |
$23,417 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,581 |
$3,688 |
$3,799 |
$3,913 |
$4,030 |
| 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 |
$3,581 |
$3,688 |
$3,799 |
$3,913 |
$4,030 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$107 |
$111 |
$114 |
$117 |
$121 |
| Monthly Gross Operating Income |
$3,473 |
$3,577 |
$3,685 |
$3,795 |
$3,909 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$42,966 |
$44,255 |
$45,583 |
$46,950 |
$48,359 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$42,966 |
$44,255 |
$45,583 |
$46,950 |
$48,359 |
| Annual Vacancy Dollar |
$1,289 |
$1,328 |
$1,367 |
$1,409 |
$1,451 |
| Annual Gross Operating Income |
$41,677 |
$42,927 |
$44,215 |
$45,542 |
$46,908 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.783% |
0.783% |
0.783% |
0.783% |
0.783% |
| Property Taxes Dollar |
$5,430 |
$5,593 |
$5,761 |
$5,934 |
$6,112 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,200 |
$1,236 |
$1,273 |
$1,311 |
$1,350 |
| 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 |
$4,168 |
$4,293 |
$4,422 |
$4,554 |
$4,691 |
| 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 |
$10,798 |
$11,122 |
$11,455 |
$11,799 |
$12,153 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$30,879 |
$31,806 |
$32,760 |
$33,742 |
$34,755 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$49,973 |
$49,973 |
$49,973 |
$49,973 |
$49,973 |
| Principal |
$7,364 |
$7,857 |
$8,384 |
$8,945 |
$9,544 |
| Interest |
$42,609 |
$42,116 |
$41,589 |
$41,028 |
$40,429 |
| Loan Balance at End of Year |
$651,493 |
$643,636 |
$635,252 |
$626,307 |
$616,762 |
| 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 |
$5,600 |
$5,600 |
$5,600 |
$5,600 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$62,847 |
$92,135 |
$122,591 |
$154,272 |
$187,233 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$24,694 |
-$23,768 |
-$22,814 |
-$21,831 |
-$15,218 |
| Monhtly Cash Flow |
-$2,058 |
-$1,981 |
-$1,901 |
-$1,819 |
-$1,268 |
| Cash on Cash Return on Investment |
-0.103% |
-0.099% |
-0.095% |
-0.091% |
-0.064% |
| 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 |