San Bernardino Deal Analysis
Let's look at deal analysis for San Bernardino, 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 San Bernardino, California Rental Property
|
Typical 20% Down Payment San Bernardino, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$410,154
|
|
Purchase Price
|
|
$410,154
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$82,031
|
|
Closing Costs
|
1.000%
|
$4,102
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$9,076
|
|
Total Invested
|
|
$95,209
|
|
Mortgage
|
|
Mortgage Amount
|
|
$328,123.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,599
$2598.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$936
|
|
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
|
|
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 |
$2,599 |
$2,677 |
$2,757 |
$2,840 |
$2,925 |
| 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 |
$2,599 |
$2,677 |
$2,757 |
$2,840 |
$2,925 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$78 |
$80 |
$83 |
$85 |
$88 |
| Monthly Gross Operating Income |
$2,521 |
$2,596 |
$2,674 |
$2,755 |
$2,837 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$31,185 |
$32,121 |
$33,084 |
$34,077 |
$35,099 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$31,185 |
$32,121 |
$33,084 |
$34,077 |
$35,099 |
| Annual Vacancy Dollar |
$936 |
$964 |
$993 |
$1,022 |
$1,053 |
| Annual Gross Operating Income |
$30,249 |
$31,157 |
$32,092 |
$33,054 |
$34,046 |
| 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 |
$3,025 |
$3,116 |
$3,209 |
$3,305 |
$3,405 |
| 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 |
$7,340 |
$7,560 |
$7,787 |
$8,020 |
$8,261 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$22,910 |
$23,597 |
$24,305 |
$25,034 |
$25,785 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$26,196 |
$26,196 |
$26,196 |
$26,196 |
$26,196 |
| Principal |
$3,333 |
$3,574 |
$3,832 |
$4,109 |
$4,407 |
| Interest |
$22,863 |
$22,622 |
$22,364 |
$22,087 |
$21,790 |
| Loan Balance at End of Year |
$324,790 |
$321,216 |
$317,384 |
$313,274 |
$308,868 |
| 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 |
$97,669 |
$113,916 |
$130,803 |
$148,358 |
$166,613 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$3,286 |
-$2,599 |
-$1,891 |
-$1,162 |
-$411 |
| Monhtly Cash Flow |
-$274 |
-$217 |
-$158 |
-$97 |
-$34 |
| Cash on Cash Return on Investment |
-0.035% |
-0.027% |
-0.020% |
-0.012% |
-0.004% |
| 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 |