San Bernardino Deal Analysis
Let's look at deal analysis for San Bernardino, 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 San Bernardino, California Nomad™ Property with 10% Higher Rents
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Typical San Bernardino, California Nomad™ Property with 10% Higher Rents
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|
Purchase Inputs
|
|
|
Percents
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Dollars/#
|
|
ARV
|
|
$410,154
|
|
Purchase Price
|
|
$410,154
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$20,508
|
|
Closing Costs
|
1.000%
|
$4,102
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$24,286
|
|
Total Invested
|
|
$48,895
|
|
Mortgage
|
|
Mortgage Amount
|
|
$389,646.30
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|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$276
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,859
$2858.63
|
|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,029
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Property Taxes
|
0.879%
|
$3,605
|
|
Property Insurance
|
0.173%
|
$710
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$61,523
|
|
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 |
$422,459 |
$435,132 |
$448,186 |
$461,632 |
$475,481 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,305 |
$12,674 |
$13,054 |
$13,446 |
$13,849 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,859 |
$2,944 |
$3,033 |
$3,124 |
$3,217 |
| 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 |
$2,859 |
$2,944 |
$3,033 |
$3,124 |
$3,217 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$86 |
$88 |
$91 |
$94 |
$97 |
| Monthly Gross Operating Income |
$2,773 |
$2,856 |
$2,942 |
$3,030 |
$3,121 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$34,304 |
$35,333 |
$36,393 |
$37,484 |
$38,609 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$34,304 |
$35,333 |
$36,393 |
$37,484 |
$38,609 |
| Annual Vacancy Dollar |
$1,029 |
$1,060 |
$1,092 |
$1,125 |
$1,158 |
| Annual Gross Operating Income |
$33,274 |
$34,273 |
$35,301 |
$36,360 |
$37,451 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.879% |
0.879% |
0.879% |
0.879% |
0.879% |
| Property Taxes Dollar |
$3,605 |
$3,713 |
$3,825 |
$3,940 |
$4,058 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$710 |
$731 |
$753 |
$775 |
$799 |
| 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 |
$3,327 |
$3,427 |
$3,530 |
$3,636 |
$3,745 |
| 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 |
$7,642 |
$7,872 |
$8,108 |
$8,351 |
$8,601 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$25,632 |
$26,401 |
$27,193 |
$28,009 |
$28,849 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$29,554 |
$29,554 |
$29,554 |
$29,554 |
$29,554 |
| Principal |
$4,355 |
$4,647 |
$4,958 |
$5,290 |
$5,644 |
| Interest |
$25,199 |
$24,907 |
$24,596 |
$24,264 |
$23,910 |
| Loan Balance at End of Year |
$385,291 |
$380,644 |
$375,686 |
$370,396 |
$364,752 |
| 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 |
$3,312 |
$3,312 |
$3,312 |
$3,312 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$37,168 |
$54,488 |
$72,500 |
$91,236 |
$110,729 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$7,234 |
-$6,465 |
-$5,673 |
-$4,857 |
-$705 |
| Monhtly Cash Flow |
-$603 |
-$539 |
-$473 |
-$405 |
-$59 |
| Cash on Cash Return on Investment |
-0.148% |
-0.132% |
-0.116% |
-0.099% |
-0.014% |
| 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 |