Fullerton Deal Analysis
Let's look at deal analysis for Fullerton, 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 Fullerton, California Rental Property
|
Typical 20% Down Payment Fullerton, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$898,817
|
|
Purchase Price
|
|
$898,817
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$179,763
|
|
Closing Costs
|
1.000%
|
$8,988
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$245,213
|
|
Total Invested
|
|
$433,964
|
|
Mortgage
|
|
Mortgage Amount
|
|
$719,053.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,990
$3990.00
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,436
|
|
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
|
|
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 |
$3,990 |
$4,110 |
$4,233 |
$4,360 |
$4,491 |
| 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 |
$3,990 |
$4,110 |
$4,233 |
$4,360 |
$4,491 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$120 |
$123 |
$127 |
$131 |
$135 |
| Monthly Gross Operating Income |
$3,870 |
$3,986 |
$4,106 |
$4,229 |
$4,356 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$47,880 |
$49,316 |
$50,796 |
$52,320 |
$53,889 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$47,880 |
$49,316 |
$50,796 |
$52,320 |
$53,889 |
| Annual Vacancy Dollar |
$1,436 |
$1,479 |
$1,524 |
$1,570 |
$1,617 |
| Annual Gross Operating Income |
$46,444 |
$47,837 |
$49,272 |
$50,750 |
$52,273 |
| 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 |
$4,644 |
$4,784 |
$4,927 |
$5,075 |
$5,227 |
| 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 |
$12,860 |
$13,245 |
$13,643 |
$14,052 |
$14,474 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$33,584 |
$34,592 |
$35,629 |
$36,698 |
$37,799 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$57,407 |
$57,407 |
$57,407 |
$57,407 |
$57,407 |
| Principal |
$7,304 |
$7,832 |
$8,398 |
$9,006 |
$9,657 |
| Interest |
$50,102 |
$49,574 |
$49,008 |
$48,401 |
$47,750 |
| Loan Balance at End of Year |
$711,749 |
$703,917 |
$695,519 |
$686,513 |
$676,857 |
| 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 |
$214,032 |
$249,638 |
$286,643 |
$325,113 |
$365,119 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$23,823 |
-$22,815 |
-$21,777 |
-$20,708 |
-$19,607 |
| Monhtly Cash Flow |
-$1,985 |
-$1,901 |
-$1,815 |
-$1,726 |
-$1,634 |
| Cash on Cash Return on Investment |
-0.055% |
-0.053% |
-0.050% |
-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 |