Riverside Deal Analysis
Let's look at deal analysis for Riverside, 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 Riverside, California Nomad™ Property with 10% Higher Rents
|
Typical Riverside, California Nomad™ Property with 10% Higher Rents
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$567,479
|
|
Purchase Price
|
|
$567,479
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$28,374
|
|
Closing Costs
|
1.000%
|
$5,675
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$119,239
|
|
Total Invested
|
|
$153,287
|
|
Mortgage
|
|
Mortgage Amount
|
|
$539,105.05
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$381.87
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,147
$3147.38
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,133
|
|
Property Taxes
|
0.790%
|
$4,483
|
|
Property Insurance
|
0.173%
|
$982
|
|
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%
|
$85,122
|
|
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 |
$584,503 |
$602,038 |
$620,100 |
$638,703 |
$657,864 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$17,024 |
$17,535 |
$18,061 |
$18,603 |
$19,161 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,147 |
$3,242 |
$3,339 |
$3,439 |
$3,542 |
| 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 |
$3,147 |
$3,242 |
$3,339 |
$3,439 |
$3,542 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$94 |
$97 |
$100 |
$103 |
$106 |
| Monthly Gross Operating Income |
$3,053 |
$3,145 |
$3,239 |
$3,336 |
$3,436 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$37,769 |
$38,902 |
$40,069 |
$41,271 |
$42,509 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$37,769 |
$38,902 |
$40,069 |
$41,271 |
$42,509 |
| Annual Vacancy Dollar |
$1,133 |
$1,167 |
$1,202 |
$1,238 |
$1,275 |
| Annual Gross Operating Income |
$36,636 |
$37,735 |
$38,867 |
$40,033 |
$41,234 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.790% |
0.790% |
0.790% |
0.790% |
0.790% |
| Property Taxes Dollar |
$4,483 |
$4,618 |
$4,756 |
$4,899 |
$5,046 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$982 |
$1,011 |
$1,042 |
$1,073 |
$1,105 |
| 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 |
$3,664 |
$3,773 |
$3,887 |
$4,003 |
$4,123 |
| 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 |
$9,128 |
$9,402 |
$9,684 |
$9,975 |
$10,274 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,507 |
$28,332 |
$29,182 |
$30,058 |
$30,960 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$40,890 |
$40,890 |
$40,890 |
$40,890 |
$40,890 |
| Principal |
$6,026 |
$6,429 |
$6,860 |
$7,319 |
$7,809 |
| Interest |
$34,864 |
$34,461 |
$34,030 |
$33,571 |
$33,081 |
| Loan Balance at End of Year |
$533,079 |
$526,650 |
$519,790 |
$512,471 |
$504,662 |
| 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 |
$4,582 |
$4,582 |
$4,582 |
$4,582 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$51,424 |
$75,388 |
$100,309 |
$126,232 |
$153,202 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$17,965 |
-$17,140 |
-$16,290 |
-$15,415 |
-$9,931 |
| Monhtly Cash Flow |
-$1,497 |
-$1,428 |
-$1,358 |
-$1,285 |
-$828 |
| Cash on Cash Return on Investment |
-0.117% |
-0.112% |
-0.106% |
-0.101% |
-0.065% |
| 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 |