Garden Grove Deal Analysis
Let's look at deal analysis for Garden Grove, 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 Garden Grove, California Nomad™ Property with 10% Higher Rents
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Typical Garden Grove, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
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Percents
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Dollars/#
|
|
ARV
|
|
$833,431
|
|
Purchase Price
|
|
$833,431
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$41,672
|
|
Closing Costs
|
1.000%
|
$8,334
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$241,833
|
|
Total Invested
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$291,839
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Mortgage
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|
Mortgage Amount
|
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$791,759.45
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Mortgage Interest Rate
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6.500%
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|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$560.83
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
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|
Monthly Rent
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|
$4,271
$4271.19
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Other Income
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|
$0
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Annual Expenses
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Vacancy Rate
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3.000%
|
$1,538
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Property Taxes
|
0.766%
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$6,384
|
|
Property Insurance
|
0.173%
|
$1,442
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$125,015
|
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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 |
$858,434 |
$884,187 |
$910,713 |
$938,034 |
$966,175 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$25,003 |
$25,753 |
$26,526 |
$27,321 |
$28,141 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$4,271 |
$4,399 |
$4,531 |
$4,667 |
$4,807 |
| 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 |
$4,271 |
$4,399 |
$4,531 |
$4,667 |
$4,807 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$128 |
$132 |
$136 |
$140 |
$144 |
| Monthly Gross Operating Income |
$4,143 |
$4,267 |
$4,395 |
$4,527 |
$4,663 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$51,254 |
$52,792 |
$54,376 |
$56,007 |
$57,687 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$51,254 |
$52,792 |
$54,376 |
$56,007 |
$57,687 |
| Annual Vacancy Dollar |
$1,538 |
$1,584 |
$1,631 |
$1,680 |
$1,731 |
| Annual Gross Operating Income |
$49,717 |
$51,208 |
$52,744 |
$54,327 |
$55,957 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.766% |
0.766% |
0.766% |
0.766% |
0.766% |
| Property Taxes Dollar |
$6,384 |
$6,576 |
$6,773 |
$6,976 |
$7,185 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,442 |
$1,485 |
$1,530 |
$1,576 |
$1,623 |
| 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 |
$4,972 |
$5,121 |
$5,274 |
$5,433 |
$5,596 |
| 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 |
$12,798 |
$13,182 |
$13,577 |
$13,984 |
$14,404 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$36,919 |
$38,027 |
$39,167 |
$40,342 |
$41,553 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$60,054 |
$60,054 |
$60,054 |
$60,054 |
$60,054 |
| Principal |
$8,850 |
$9,442 |
$10,075 |
$10,750 |
$11,469 |
| Interest |
$51,204 |
$50,611 |
$49,979 |
$49,304 |
$48,584 |
| Loan Balance at End of Year |
$782,910 |
$773,467 |
$763,393 |
$752,643 |
$741,174 |
| 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 |
$6,730 |
$6,730 |
$6,730 |
$6,730 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$75,524 |
$110,720 |
$147,320 |
$185,391 |
$225,001 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$29,864 |
-$28,757 |
-$27,616 |
-$26,441 |
-$18,501 |
| Monhtly Cash Flow |
-$2,489 |
-$2,396 |
-$2,301 |
-$2,203 |
-$1,542 |
| Cash on Cash Return on Investment |
-0.102% |
-0.099% |
-0.095% |
-0.091% |
-0.063% |
| 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 |