Pomona Deal Analysis
Let's look at deal analysis for Pomona, 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 Pomona, California Nomad™ Property with 10% Higher Rents
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Typical Pomona, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$571,115
|
|
Purchase Price
|
|
$571,115
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$28,556
|
|
Closing Costs
|
1.000%
|
$5,711
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$79,770
|
|
Total Invested
|
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$114,037
|
|
Mortgage
|
|
Mortgage Amount
|
|
$542,559.25
|
|
Mortgage Interest Rate
|
6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$384.31
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
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|
$3,465
$3465.00
|
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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%
|
$1,247
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Property Taxes
|
0.851%
|
$4,860
|
|
Property Insurance
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0.173%
|
$988
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$85,667
|
|
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 |
$588,248 |
$605,896 |
$624,073 |
$642,795 |
$662,079 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$17,133 |
$17,647 |
$18,177 |
$18,722 |
$19,284 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,465 |
$3,569 |
$3,676 |
$3,786 |
$3,900 |
| 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 |
$3,465 |
$3,569 |
$3,676 |
$3,786 |
$3,900 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$104 |
$107 |
$110 |
$114 |
$117 |
| Monthly Gross Operating Income |
$3,361 |
$3,462 |
$3,566 |
$3,673 |
$3,783 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$41,580 |
$42,827 |
$44,112 |
$45,436 |
$46,799 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$41,580 |
$42,827 |
$44,112 |
$45,436 |
$46,799 |
| Annual Vacancy Dollar |
$1,247 |
$1,285 |
$1,323 |
$1,363 |
$1,404 |
| Annual Gross Operating Income |
$40,333 |
$41,543 |
$42,789 |
$44,073 |
$45,395 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.851% |
0.851% |
0.851% |
0.851% |
0.851% |
| Property Taxes Dollar |
$4,860 |
$5,006 |
$5,156 |
$5,311 |
$5,470 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$988 |
$1,018 |
$1,048 |
$1,080 |
$1,112 |
| 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 |
$4,033 |
$4,154 |
$4,279 |
$4,407 |
$4,539 |
| 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 |
$9,881 |
$10,178 |
$10,483 |
$10,798 |
$11,122 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$30,451 |
$31,365 |
$32,306 |
$33,275 |
$34,273 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$41,152 |
$41,152 |
$41,152 |
$41,152 |
$41,152 |
| Principal |
$6,064 |
$6,470 |
$6,904 |
$7,366 |
$7,859 |
| Interest |
$35,088 |
$34,682 |
$34,248 |
$33,786 |
$33,293 |
| Loan Balance at End of Year |
$536,495 |
$530,025 |
$523,121 |
$515,755 |
$507,895 |
| 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 |
$4,612 |
$4,612 |
$4,612 |
$4,612 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$51,753 |
$75,871 |
$100,952 |
$127,040 |
$154,184 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$15,313 |
-$14,399 |
-$13,458 |
-$12,489 |
-$6,879 |
| Monhtly Cash Flow |
-$1,276 |
-$1,200 |
-$1,122 |
-$1,041 |
-$573 |
| Cash on Cash Return on Investment |
-0.134% |
-0.126% |
-0.118% |
-0.110% |
-0.060% |
| 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 |