Stockton Deal Analysis
Let's look at deal analysis for Stockton, 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 Stockton, California Nomad™ Property with 10% Higher Rents
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Typical Stockton, California Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$410,760
|
|
Purchase Price
|
|
$410,760
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$20,538
|
|
Closing Costs
|
1.000%
|
$4,108
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$43,295
|
|
Total Invested
|
|
$67,940
|
|
Mortgage
|
|
Mortgage Amount
|
|
$390,222
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$276.41
|
|
Drop PMI LTV
|
80.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,651
$2650.73
|
|
Other Income
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|
$0
|
|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$954
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Property Taxes
|
0.944%
|
$3,878
|
|
Property Insurance
|
0.173%
|
$711
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
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|
Management
|
0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$61,614
|
|
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 |
$423,083 |
$435,775 |
$448,849 |
$462,314 |
$476,183 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$12,323 |
$12,692 |
$13,073 |
$13,465 |
$13,869 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,651 |
$2,730 |
$2,812 |
$2,897 |
$2,983 |
| 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 |
$2,651 |
$2,730 |
$2,812 |
$2,897 |
$2,983 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$80 |
$82 |
$84 |
$87 |
$90 |
| Monthly Gross Operating Income |
$2,571 |
$2,648 |
$2,728 |
$2,810 |
$2,894 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$31,809 |
$32,763 |
$33,746 |
$34,758 |
$35,801 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$31,809 |
$32,763 |
$33,746 |
$34,758 |
$35,801 |
| Annual Vacancy Dollar |
$954 |
$983 |
$1,012 |
$1,043 |
$1,074 |
| Annual Gross Operating Income |
$30,854 |
$31,780 |
$32,734 |
$33,716 |
$34,727 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
0.944% |
0.944% |
0.944% |
0.944% |
0.944% |
| Property Taxes Dollar |
$3,878 |
$3,994 |
$4,114 |
$4,237 |
$4,364 |
| Insurance Percent |
0.173% |
0.173% |
0.173% |
0.173% |
0.173% |
| Insurance Dollar |
$711 |
$732 |
$754 |
$777 |
$800 |
| 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 |
$3,085 |
$3,178 |
$3,273 |
$3,372 |
$3,473 |
| 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 |
$7,674 |
$7,904 |
$8,141 |
$8,385 |
$8,637 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$23,181 |
$23,876 |
$24,593 |
$25,330 |
$26,090 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$29,598 |
$29,598 |
$29,598 |
$29,598 |
$29,598 |
| Principal |
$4,362 |
$4,654 |
$4,965 |
$5,298 |
$5,653 |
| Interest |
$25,236 |
$24,944 |
$24,632 |
$24,300 |
$23,945 |
| Loan Balance at End of Year |
$385,860 |
$381,207 |
$376,241 |
$370,943 |
$365,291 |
| 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 |
$3,317 |
$3,317 |
$3,317 |
$3,317 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$37,222 |
$54,569 |
$72,607 |
$91,371 |
$110,893 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$9,734 |
-$9,038 |
-$8,322 |
-$7,584 |
-$3,507 |
| Monhtly Cash Flow |
-$811 |
-$753 |
-$693 |
-$632 |
-$292 |
| Cash on Cash Return on Investment |
-0.143% |
-0.133% |
-0.122% |
-0.112% |
-0.052% |
| 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 |