Moreno Valley Deal Analysis
Let's look at deal analysis for Moreno Valley, 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 Moreno Valley, California Nomad™ Property with 10% Higher Rents
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Typical Moreno Valley, 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/#
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|
ARV
|
|
$480,439
|
|
Purchase Price
|
|
$480,439
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$24,022
|
|
Closing Costs
|
1.000%
|
$4,804
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|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$74,666
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|
Total Invested
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$103,492
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Mortgage
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|
Mortgage Amount
|
|
$456,417.05
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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
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0.850%
|
$323.30
|
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Drop PMI LTV
|
80.000%
|
|
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Income
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Monthly Rent
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|
$2,888
$2887.50
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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%
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$1,040
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Property Taxes
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0.915%
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$4,396
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Property Insurance
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0.173%
|
$831
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
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|
$0
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Management
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0.000%
|
|
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Depreciation Details
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Land Value
|
15.000%
|
$72,066
|
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Property Type (C or R)
|
R
|
27.5
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|
Effective Income Tax Rate
|
15.000%
|
|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$494,852 |
$509,698 |
$524,989 |
$540,738 |
$556,960 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$14,413 |
$14,846 |
$15,291 |
$15,750 |
$16,222 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,888 |
$2,974 |
$3,063 |
$3,155 |
$3,250 |
| 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 |
$2,888 |
$2,974 |
$3,063 |
$3,155 |
$3,250 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$87 |
$89 |
$92 |
$95 |
$97 |
| Monthly Gross Operating Income |
$2,801 |
$2,885 |
$2,971 |
$3,061 |
$3,152 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,650 |
$35,690 |
$36,760 |
$37,863 |
$38,999 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,650 |
$35,690 |
$36,760 |
$37,863 |
$38,999 |
| Annual Vacancy Dollar |
$1,040 |
$1,071 |
$1,103 |
$1,136 |
$1,170 |
| Annual Gross Operating Income |
$33,611 |
$34,619 |
$35,657 |
$36,727 |
$37,829 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.915% |
0.915% |
0.915% |
0.915% |
0.915% |
| Property Taxes Dollar |
$4,396 |
$4,528 |
$4,664 |
$4,804 |
$4,948 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$831 |
$856 |
$882 |
$908 |
$935 |
| 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 |
$3,361 |
$3,462 |
$3,566 |
$3,673 |
$3,783 |
| 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 |
$8,588 |
$8,846 |
$9,111 |
$9,385 |
$9,666 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$25,022 |
$25,773 |
$26,546 |
$27,343 |
$28,163 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$34,618 |
$34,618 |
$34,618 |
$34,618 |
$34,618 |
| Principal |
$5,102 |
$5,443 |
$5,808 |
$6,197 |
$6,612 |
| Interest |
$29,517 |
$29,175 |
$28,811 |
$28,422 |
$28,007 |
| Loan Balance at End of Year |
$451,316 |
$445,872 |
$440,065 |
$433,868 |
$427,256 |
| 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 |
$3,880 |
$3,880 |
$3,880 |
$3,880 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$43,537 |
$63,825 |
$84,924 |
$106,870 |
$129,704 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$13,476 |
-$12,725 |
-$11,952 |
-$11,155 |
-$6,456 |
| Monhtly Cash Flow |
-$1,123 |
-$1,060 |
-$996 |
-$930 |
-$538 |
| Cash on Cash Return on Investment |
-0.130% |
-0.123% |
-0.115% |
-0.108% |
-0.062% |
| 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 |