Stockton Deal Analysis
Let's look at deal analysis for Stockton, 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 Stockton, California Rental Property
|
Typical 20% Down Payment Stockton, California Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$410,760
|
|
Purchase Price
|
|
$410,760
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$82,152
|
|
Closing Costs
|
1.000%
|
$4,108
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$25,799
|
|
Total Invested
|
|
$112,058
|
|
Mortgage
|
|
Mortgage Amount
|
|
$328,608
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,410
$2409.75
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$868
|
|
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
|
|
Management
|
0.000%
|
|
|
Depreciation Details
|
|
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 |
$2,410 |
$2,482 |
$2,557 |
$2,633 |
$2,712 |
| 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 |
$2,410 |
$2,482 |
$2,557 |
$2,633 |
$2,712 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$72 |
$74 |
$77 |
$79 |
$81 |
| Monthly Gross Operating Income |
$2,337 |
$2,408 |
$2,480 |
$2,554 |
$2,631 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$28,917 |
$29,785 |
$30,678 |
$31,598 |
$32,546 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$28,917 |
$29,785 |
$30,678 |
$31,598 |
$32,546 |
| Annual Vacancy Dollar |
$868 |
$894 |
$920 |
$948 |
$976 |
| Annual Gross Operating Income |
$28,049 |
$28,891 |
$29,758 |
$30,650 |
$31,570 |
| 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 |
$2,805 |
$2,889 |
$2,976 |
$3,065 |
$3,157 |
| 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 |
$7,393 |
$7,615 |
$7,843 |
$8,079 |
$8,321 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$20,656 |
$21,276 |
$21,914 |
$22,572 |
$23,249 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$26,235 |
$26,235 |
$26,235 |
$26,235 |
$26,235 |
| Principal |
$3,338 |
$3,579 |
$3,838 |
$4,116 |
$4,413 |
| Interest |
$22,897 |
$22,656 |
$22,397 |
$22,119 |
$21,822 |
| Loan Balance at End of Year |
$325,270 |
$321,691 |
$317,852 |
$313,737 |
$309,324 |
| 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 |
$97,813 |
$114,085 |
$130,996 |
$148,577 |
$166,860 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$5,579 |
-$4,959 |
-$4,321 |
-$3,663 |
-$2,986 |
| Monhtly Cash Flow |
-$465 |
-$413 |
-$360 |
-$305 |
-$249 |
| Cash on Cash Return on Investment |
-0.050% |
-0.044% |
-0.039% |
-0.033% |
-0.027% |
| 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 |