San Mateo Deal Analysis
Let's look at deal analysis for San Mateo, 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 Mateo, California Rental Property
|
Typical 20% Down Payment San Mateo, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$1,340,964
|
|
Purchase Price
|
|
$1,340,964
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$268,193
|
|
Closing Costs
|
1.000%
|
$13,410
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$183,765
|
|
Total Invested
|
|
$465,367
|
|
Mortgage
|
|
Mortgage Amount
|
|
$1,072,771.20
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$6,833
$6833.40
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$2,460
|
|
Property Taxes
|
0.737%
|
$9,883
|
|
Property Insurance
|
0.173%
|
$2,320
|
|
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%
|
$201,145
|
|
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 |
$6,833 |
$7,038 |
$7,250 |
$7,467 |
$7,691 |
| 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 |
$6,833 |
$7,038 |
$7,250 |
$7,467 |
$7,691 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$205 |
$211 |
$217 |
$224 |
$231 |
| Monthly Gross Operating Income |
$6,628 |
$6,827 |
$7,032 |
$7,243 |
$7,460 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$82,001 |
$84,461 |
$86,995 |
$89,604 |
$92,293 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$82,001 |
$84,461 |
$86,995 |
$89,604 |
$92,293 |
| Annual Vacancy Dollar |
$2,460 |
$2,534 |
$2,610 |
$2,688 |
$2,769 |
| Annual Gross Operating Income |
$79,541 |
$81,927 |
$84,385 |
$86,916 |
$89,524 |
| 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 |
$7,954 |
$8,193 |
$8,438 |
$8,692 |
$8,952 |
| 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 |
$20,157 |
$20,762 |
$21,384 |
$22,026 |
$22,687 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$59,384 |
$61,165 |
$63,000 |
$64,890 |
$66,837 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$85,646 |
$85,646 |
$85,646 |
$85,646 |
$85,646 |
| Principal |
$10,897 |
$11,685 |
$12,530 |
$13,436 |
$14,407 |
| Interest |
$74,749 |
$73,961 |
$73,116 |
$72,211 |
$71,239 |
| Loan Balance at End of Year |
$1,061,874 |
$1,050,189 |
$1,037,659 |
$1,024,224 |
$1,009,817 |
| 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 |
$319,319 |
$372,440 |
$427,648 |
$485,043 |
$544,728 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$26,262 |
-$24,481 |
-$22,646 |
-$20,756 |
-$18,809 |
| Monhtly Cash Flow |
-$2,189 |
-$2,040 |
-$1,887 |
-$1,730 |
-$1,567 |
| Cash on Cash Return on Investment |
-0.056% |
-0.053% |
-0.049% |
-0.045% |
-0.040% |
| 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 |