San Mateo Deal Analysis
Let's look at deal analysis for San Mateo, 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 Mateo, California Nomad™ Property with 10% Higher Rents
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Typical San Mateo, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
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Percents
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Dollars/#
|
|
ARV
|
|
$1,340,964
|
|
Purchase Price
|
|
$1,340,964
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$67,048
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|
Closing Costs
|
1.000%
|
$13,410
|
|
Rent Ready Costs
|
|
$0
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|
Cumulative Negative Cash Flow
|
|
$256,625
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Total Invested
|
|
$337,083
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Mortgage
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|
Mortgage Amount
|
|
$1,273,915.80
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|
Mortgage Interest Rate
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6.500%
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|
|
Loan Term
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|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$902.36
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Drop PMI LTV
|
80.000%
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|
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Income
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Monthly Rent
|
|
$7,517
$7516.74
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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%
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$2,706
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Property Taxes
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0.737%
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$9,883
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|
Property Insurance
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0.173%
|
$2,320
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|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
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10.000%
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|
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CapEx
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|
$0
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Management
|
0.000%
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|
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Depreciation Details
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Land Value
|
15.000%
|
$201,145
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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 |
$1,381,193 |
$1,422,629 |
$1,465,308 |
$1,509,267 |
$1,554,545 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$40,229 |
$41,436 |
$42,679 |
$43,959 |
$45,278 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$7,517 |
$7,742 |
$7,975 |
$8,214 |
$8,460 |
| 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 |
$7,517 |
$7,742 |
$7,975 |
$8,214 |
$8,460 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$226 |
$232 |
$239 |
$246 |
$254 |
| Monthly Gross Operating Income |
$7,291 |
$7,510 |
$7,735 |
$7,967 |
$8,206 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$90,201 |
$92,907 |
$95,694 |
$98,565 |
$101,522 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$90,201 |
$92,907 |
$95,694 |
$98,565 |
$101,522 |
| Annual Vacancy Dollar |
$2,706 |
$2,787 |
$2,871 |
$2,957 |
$3,046 |
| Annual Gross Operating Income |
$87,495 |
$90,120 |
$92,823 |
$95,608 |
$98,476 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.737% |
0.737% |
0.737% |
0.737% |
0.737% |
| Property Taxes Dollar |
$9,883 |
$10,179 |
$10,485 |
$10,799 |
$11,123 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$2,320 |
$2,389 |
$2,461 |
$2,535 |
$2,611 |
| 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 |
$8,749 |
$9,012 |
$9,282 |
$9,561 |
$9,848 |
| 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 |
$20,952 |
$21,581 |
$22,228 |
$22,895 |
$23,582 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$66,543 |
$68,539 |
$70,595 |
$72,713 |
$74,894 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$96,624 |
$96,624 |
$96,624 |
$96,624 |
$96,624 |
| Principal |
$14,239 |
$15,192 |
$16,210 |
$17,295 |
$18,454 |
| Interest |
$82,385 |
$81,432 |
$80,414 |
$79,329 |
$78,170 |
| Loan Balance at End of Year |
$1,259,677 |
$1,244,485 |
$1,228,275 |
$1,210,979 |
$1,192,525 |
| 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 |
$10,828 |
$10,828 |
$10,828 |
$10,828 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$121,516 |
$178,144 |
$237,033 |
$298,288 |
$362,019 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$40,910 |
-$38,914 |
-$36,857 |
-$34,740 |
-$21,730 |
| Monhtly Cash Flow |
-$3,409 |
-$3,243 |
-$3,071 |
-$2,895 |
-$1,811 |
| Cash on Cash Return on Investment |
-0.121% |
-0.115% |
-0.109% |
-0.103% |
-0.064% |
| 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 |