Riverside Deal Analysis
Let's look at deal analysis for Riverside, 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 Riverside, California Rental Property
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Typical 20% Down Payment Riverside, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$567,479
|
|
Purchase Price
|
|
$567,479
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$113,496
|
|
Closing Costs
|
1.000%
|
$5,675
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$87,662
|
|
Total Invested
|
|
$206,833
|
|
Mortgage
|
|
Mortgage Amount
|
|
$453,983.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,861
$2861.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,030
|
|
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 |
$2,861 |
$2,947 |
$3,036 |
$3,127 |
$3,220 |
| 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 |
$2,861 |
$2,947 |
$3,036 |
$3,127 |
$3,220 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$86 |
$88 |
$91 |
$94 |
$97 |
| Monthly Gross Operating Income |
$2,775 |
$2,859 |
$2,944 |
$3,033 |
$3,124 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,335 |
$35,365 |
$36,426 |
$37,519 |
$38,644 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,335 |
$35,365 |
$36,426 |
$37,519 |
$38,644 |
| Annual Vacancy Dollar |
$1,030 |
$1,061 |
$1,093 |
$1,126 |
$1,159 |
| Annual Gross Operating Income |
$33,305 |
$34,304 |
$35,333 |
$36,393 |
$37,485 |
| 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 |
$3,330 |
$3,430 |
$3,533 |
$3,639 |
$3,749 |
| 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 |
$8,795 |
$9,059 |
$9,331 |
$9,611 |
$9,899 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,510 |
$25,245 |
$26,002 |
$26,782 |
$27,586 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$36,244 |
$36,244 |
$36,244 |
$36,244 |
$36,244 |
| Principal |
$4,612 |
$4,945 |
$5,302 |
$5,686 |
$6,097 |
| Interest |
$31,633 |
$31,299 |
$30,942 |
$30,559 |
$30,148 |
| Loan Balance at End of Year |
$449,372 |
$444,427 |
$439,124 |
$433,438 |
$427,342 |
| 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 |
$135,132 |
$157,612 |
$180,975 |
$205,264 |
$230,522 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$11,735 |
-$10,999 |
-$10,242 |
-$9,462 |
-$8,659 |
| Monhtly Cash Flow |
-$978 |
-$917 |
-$854 |
-$788 |
-$722 |
| Cash on Cash Return on Investment |
-0.057% |
-0.053% |
-0.050% |
-0.046% |
-0.042% |
| 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 |