Atlanta Deal Analysis
Let's look at deal analysis for Atlanta, GA 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 Atlanta, Georgia Nomad™ Property with 10% Higher Rents
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Typical Atlanta, Georgia Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
|
Percents
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Dollars/#
|
|
ARV
|
|
$387,527
|
|
Purchase Price
|
|
$387,527
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$19,376
|
|
Closing Costs
|
1.000%
|
$3,875
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$7,997
|
|
Total Invested
|
|
$31,248
|
|
Mortgage
|
|
Mortgage Amount
|
|
$368,150.65
|
|
Mortgage Interest Rate
|
6.500%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$260.77
|
|
Drop PMI LTV
|
80.000%
|
|
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Income
|
|
Monthly Rent
|
|
$3,378
$3378.38
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|
Other Income
|
|
$0
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|
Annual Expenses
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|
Vacancy Rate
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3.000%
|
$1,216
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Property Taxes
|
1.122%
|
$4,348
|
|
Property Insurance
|
0.878%
|
$3,402
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
|
|
Other Expenses 2
|
|
$0
|
|
Maintenance
|
10.000%
|
|
|
CapEx
|
|
$0
|
|
Management
|
0.000%
|
|
|
Depreciation Details
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|
Land Value
|
15.000%
|
$58,129
|
|
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 |
$399,153 |
$411,127 |
$423,461 |
$436,165 |
$449,250 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$11,626 |
$11,975 |
$12,334 |
$12,704 |
$13,085 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,378 |
$3,480 |
$3,584 |
$3,692 |
$3,802 |
| 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 |
$3,378 |
$3,480 |
$3,584 |
$3,692 |
$3,802 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$101 |
$104 |
$108 |
$111 |
$114 |
| Monthly Gross Operating Income |
$3,277 |
$3,375 |
$3,477 |
$3,581 |
$3,688 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$40,541 |
$41,757 |
$43,009 |
$44,300 |
$45,629 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$40,541 |
$41,757 |
$43,009 |
$44,300 |
$45,629 |
| Annual Vacancy Dollar |
$1,216 |
$1,253 |
$1,290 |
$1,329 |
$1,369 |
| Annual Gross Operating Income |
$39,324 |
$40,504 |
$41,719 |
$42,971 |
$44,260 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.122% |
1.122% |
1.122% |
1.122% |
1.122% |
| Property Taxes Dollar |
$4,348 |
$4,478 |
$4,613 |
$4,751 |
$4,894 |
| Insurance Percent |
0.878% |
0.878% |
0.878% |
0.878% |
0.878% |
| Insurance Dollar |
$3,402 |
$3,505 |
$3,610 |
$3,718 |
$3,830 |
| 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 |
$3,932 |
$4,050 |
$4,172 |
$4,297 |
$4,426 |
| 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 |
$11,683 |
$12,033 |
$12,394 |
$12,766 |
$13,149 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$27,641 |
$28,471 |
$29,325 |
$30,204 |
$31,111 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$27,924 |
$27,924 |
$27,924 |
$27,924 |
$27,924 |
| Principal |
$4,115 |
$4,390 |
$4,685 |
$4,998 |
$5,333 |
| Interest |
$23,809 |
$23,533 |
$23,239 |
$22,925 |
$22,591 |
| Loan Balance at End of Year |
$364,036 |
$359,645 |
$354,961 |
$349,963 |
$344,630 |
| 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 |
$3,129 |
$3,129 |
$3,129 |
$3,129 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$35,117 |
$51,482 |
$68,500 |
$86,202 |
$104,620 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$3,411 |
-$2,582 |
-$1,728 |
-$848 |
$3,187 |
| Monhtly Cash Flow |
-$284 |
-$215 |
-$144 |
-$71 |
$266 |
| Cash on Cash Return on Investment |
-0.109% |
-0.083% |
-0.055% |
-0.027% |
0.102% |
| 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 |