Oakland Deal Analysis
Let's look at deal analysis for Oakland, 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 Oakland, California Rental Property
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Typical 20% Down Payment Oakland, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$723,587
|
|
Purchase Price
|
|
$723,587
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$144,717
|
|
Closing Costs
|
1.000%
|
$7,236
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$73,212
|
|
Total Invested
|
|
$225,165
|
|
Mortgage
|
|
Mortgage Amount
|
|
$578,869.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,999
$3999.45
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,440
|
|
Property Taxes
|
0.933%
|
$6,751
|
|
Property Insurance
|
0.173%
|
$1,252
|
|
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%
|
$108,538
|
|
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 |
$745,295 |
$767,653 |
$790,683 |
$814,404 |
$838,836 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$21,708 |
$22,359 |
$23,030 |
$23,720 |
$24,432 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,999 |
$4,119 |
$4,243 |
$4,370 |
$4,501 |
| 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 |
$3,999 |
$4,119 |
$4,243 |
$4,370 |
$4,501 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$120 |
$124 |
$127 |
$131 |
$135 |
| Monthly Gross Operating Income |
$3,879 |
$3,996 |
$4,116 |
$4,239 |
$4,366 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$47,993 |
$49,433 |
$50,916 |
$52,444 |
$54,017 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$47,993 |
$49,433 |
$50,916 |
$52,444 |
$54,017 |
| Annual Vacancy Dollar |
$1,440 |
$1,483 |
$1,527 |
$1,573 |
$1,621 |
| Annual Gross Operating Income |
$46,554 |
$47,950 |
$49,389 |
$50,870 |
$52,396 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.933% |
0.933% |
0.933% |
0.933% |
0.933% |
| Property Taxes Dollar |
$6,751 |
$6,954 |
$7,162 |
$7,377 |
$7,598 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$1,252 |
$1,289 |
$1,328 |
$1,368 |
$1,409 |
| 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 |
$4,655 |
$4,795 |
$4,939 |
$5,087 |
$5,240 |
| 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 |
$12,658 |
$13,038 |
$13,429 |
$13,832 |
$14,247 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$33,895 |
$34,912 |
$35,960 |
$37,038 |
$38,150 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$46,215 |
$46,215 |
$46,215 |
$46,215 |
$46,215 |
| Principal |
$5,880 |
$6,305 |
$6,761 |
$7,250 |
$7,774 |
| Interest |
$40,335 |
$39,910 |
$39,454 |
$38,965 |
$38,441 |
| Loan Balance at End of Year |
$572,989 |
$566,684 |
$559,923 |
$552,673 |
$544,899 |
| 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 |
$172,305 |
$200,969 |
$230,760 |
$261,730 |
$293,936 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$12,319 |
-$11,303 |
-$10,255 |
-$9,176 |
-$8,065 |
| Monhtly Cash Flow |
-$1,027 |
-$942 |
-$855 |
-$765 |
-$672 |
| Cash on Cash Return on Investment |
-0.055% |
-0.050% |
-0.046% |
-0.041% |
-0.036% |
| 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 |