Atlanta Deal Analysis
Let's look at deal analysis for Atlanta, GA 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 Atlanta, Georgia Rental Property
|
Typical 20% Down Payment Atlanta, Georgia Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$387,527
|
|
Purchase Price
|
|
$387,527
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$77,505
|
|
Closing Costs
|
1.000%
|
$3,875
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$300
|
|
Total Invested
|
|
$81,681
|
|
Mortgage
|
|
Mortgage Amount
|
|
$310,021.60
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$3,071
$3071.25
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$1,106
|
|
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
|
|
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 |
$3,071 |
$3,163 |
$3,258 |
$3,356 |
$3,457 |
| 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 |
$3,071 |
$3,163 |
$3,258 |
$3,356 |
$3,457 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$92 |
$95 |
$98 |
$101 |
$104 |
| Monthly Gross Operating Income |
$2,979 |
$3,068 |
$3,161 |
$3,255 |
$3,353 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$36,855 |
$37,961 |
$39,099 |
$40,272 |
$41,481 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$36,855 |
$37,961 |
$39,099 |
$40,272 |
$41,481 |
| Annual Vacancy Dollar |
$1,106 |
$1,139 |
$1,173 |
$1,208 |
$1,244 |
| Annual Gross Operating Income |
$35,749 |
$36,822 |
$37,926 |
$39,064 |
$40,236 |
| 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 |
$3,575 |
$3,682 |
$3,793 |
$3,906 |
$4,024 |
| 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 |
$11,325 |
$11,665 |
$12,015 |
$12,376 |
$12,747 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$24,424 |
$25,157 |
$25,911 |
$26,689 |
$27,489 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$24,751 |
$24,751 |
$24,751 |
$24,751 |
$24,751 |
| Principal |
$3,149 |
$3,377 |
$3,621 |
$3,883 |
$4,163 |
| Interest |
$21,602 |
$21,374 |
$21,130 |
$20,868 |
$20,588 |
| Loan Balance at End of Year |
$306,872 |
$303,496 |
$299,875 |
$295,992 |
$291,828 |
| 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 |
$92,280 |
$107,632 |
$123,587 |
$140,173 |
$157,422 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$327 |
$406 |
$1,160 |
$1,938 |
$2,738 |
| Monhtly Cash Flow |
-$27 |
$34 |
$97 |
$161 |
$228 |
| Cash on Cash Return on Investment |
-0.004% |
0.005% |
0.014% |
0.024% |
0.034% |
| 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 |