Concord Deal Analysis
Let's look at deal analysis for Concord, 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 Concord, California Rental Property
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Typical 20% Down Payment Concord, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$693,534
|
|
Purchase Price
|
|
$693,534
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$138,707
|
|
Closing Costs
|
1.000%
|
$6,935
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$153,846
|
|
Total Invested
|
|
$299,488
|
|
Mortgage
|
|
Mortgage Amount
|
|
$554,827.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,255
$3255.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,172
|
|
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
|
|
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 |
$3,255 |
$3,353 |
$3,453 |
$3,557 |
$3,664 |
| 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 |
$3,255 |
$3,353 |
$3,453 |
$3,557 |
$3,664 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$98 |
$101 |
$104 |
$107 |
$110 |
| Monthly Gross Operating Income |
$3,157 |
$3,252 |
$3,350 |
$3,450 |
$3,554 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$39,060 |
$40,232 |
$41,439 |
$42,682 |
$43,962 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$39,060 |
$40,232 |
$41,439 |
$42,682 |
$43,962 |
| Annual Vacancy Dollar |
$1,172 |
$1,207 |
$1,243 |
$1,280 |
$1,319 |
| Annual Gross Operating Income |
$37,888 |
$39,025 |
$40,196 |
$41,401 |
$42,644 |
| 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 |
$3,789 |
$3,902 |
$4,020 |
$4,140 |
$4,264 |
| 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 |
$10,419 |
$10,732 |
$11,054 |
$11,385 |
$11,727 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,469 |
$28,293 |
$29,142 |
$30,016 |
$30,917 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$44,295 |
$44,295 |
$44,295 |
$44,295 |
$44,295 |
| Principal |
$5,636 |
$6,043 |
$6,480 |
$6,949 |
$7,451 |
| Interest |
$38,659 |
$38,252 |
$37,815 |
$37,347 |
$36,844 |
| Loan Balance at End of Year |
$549,191 |
$543,148 |
$536,667 |
$529,719 |
$522,268 |
| 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 |
$165,149 |
$192,622 |
$221,176 |
$250,860 |
$281,728 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$16,826 |
-$16,002 |
-$15,153 |
-$14,279 |
-$13,379 |
| Monhtly Cash Flow |
-$1,402 |
-$1,334 |
-$1,263 |
-$1,190 |
-$1,115 |
| Cash on Cash Return on Investment |
-0.056% |
-0.053% |
-0.051% |
-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 |