Fullerton Deal Analysis
Let's look at deal analysis for Fullerton, 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 Fullerton, California Nomad™ Property with 10% Higher Rents
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Typical Fullerton, California Nomad™ Property with 10% Higher Rents
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|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$898,817
|
|
Purchase Price
|
|
$898,817
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$44,941
|
|
Closing Costs
|
1.000%
|
$8,988
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$308,101
|
|
Total Invested
|
|
$362,030
|
|
Mortgage
|
|
Mortgage Amount
|
|
$853,876.15
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$604.83
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$4,389
$4389.00
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|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
|
3.000%
|
$1,580
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Property Taxes
|
0.741%
|
$6,660
|
|
Property Insurance
|
0.173%
|
$1,555
|
|
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%
|
$134,823
|
|
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 |
$925,782 |
$953,555 |
$982,162 |
$1,011,626 |
$1,041,975 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$26,965 |
$27,773 |
$28,607 |
$29,465 |
$30,349 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,389 |
$4,521 |
$4,656 |
$4,796 |
$4,940 |
| 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 |
$4,389 |
$4,521 |
$4,656 |
$4,796 |
$4,940 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$132 |
$136 |
$140 |
$144 |
$148 |
| Monthly Gross Operating Income |
$4,257 |
$4,385 |
$4,517 |
$4,652 |
$4,792 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$52,668 |
$54,248 |
$55,875 |
$57,552 |
$59,278 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$52,668 |
$54,248 |
$55,875 |
$57,552 |
$59,278 |
| Annual Vacancy Dollar |
$1,580 |
$1,627 |
$1,676 |
$1,727 |
$1,778 |
| Annual Gross Operating Income |
$51,088 |
$52,621 |
$54,199 |
$55,825 |
$57,500 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.741% |
0.741% |
0.741% |
0.741% |
0.741% |
| Property Taxes Dollar |
$6,660 |
$6,860 |
$7,066 |
$7,278 |
$7,496 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,555 |
$1,602 |
$1,650 |
$1,699 |
$1,750 |
| 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 |
$5,109 |
$5,262 |
$5,420 |
$5,583 |
$5,750 |
| 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 |
$13,324 |
$13,724 |
$14,135 |
$14,559 |
$14,996 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$37,764 |
$38,897 |
$40,064 |
$41,266 |
$42,504 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$64,765 |
$64,765 |
$64,765 |
$64,765 |
$64,765 |
| Principal |
$9,544 |
$10,183 |
$10,865 |
$11,593 |
$12,369 |
| Interest |
$55,221 |
$54,582 |
$53,900 |
$53,172 |
$52,396 |
| Loan Balance at End of Year |
$844,332 |
$834,149 |
$823,284 |
$811,691 |
$799,322 |
| 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 |
$7,258 |
$7,258 |
$7,258 |
$7,258 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$81,449 |
$119,406 |
$158,878 |
$199,936 |
$242,654 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$34,259 |
-$33,126 |
-$31,959 |
-$30,757 |
-$22,261 |
| Monhtly Cash Flow |
-$2,855 |
-$2,761 |
-$2,663 |
-$2,563 |
-$1,855 |
| Cash on Cash Return on Investment |
-0.095% |
-0.092% |
-0.088% |
-0.085% |
-0.061% |
| 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 |