Augusta Deal Analysis
Let's look at deal analysis for Augusta, 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 Augusta, Georgia Rental Property
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Typical 20% Down Payment Augusta, Georgia Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$147,066
|
|
Purchase Price
|
|
$147,066
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$29,413
|
|
Closing Costs
|
1.000%
|
$1,471
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$30,884
|
|
Mortgage
|
|
Mortgage Amount
|
|
$117,652.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$1,523
$1522.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$548
|
|
Property Taxes
|
1.314%
|
$1,932
|
|
Property Insurance
|
0.878%
|
$1,291
|
|
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%
|
$22,060
|
|
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 |
$151,478 |
$156,022 |
$160,703 |
$165,524 |
$170,490 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$4,412 |
$4,544 |
$4,681 |
$4,821 |
$4,966 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$1,523 |
$1,568 |
$1,615 |
$1,664 |
$1,714 |
| 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 |
$1,523 |
$1,568 |
$1,615 |
$1,664 |
$1,714 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$46 |
$47 |
$48 |
$50 |
$51 |
| Monthly Gross Operating Income |
$1,477 |
$1,521 |
$1,567 |
$1,614 |
$1,662 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$18,270 |
$18,818 |
$19,383 |
$19,964 |
$20,563 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$18,270 |
$18,818 |
$19,383 |
$19,964 |
$20,563 |
| Annual Vacancy Dollar |
$548 |
$565 |
$581 |
$599 |
$617 |
| Annual Gross Operating Income |
$17,722 |
$18,254 |
$18,801 |
$19,365 |
$19,946 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.314% |
1.314% |
1.314% |
1.314% |
1.314% |
| Property Taxes Dollar |
$1,932 |
$1,990 |
$2,050 |
$2,112 |
$2,175 |
| Insurance Percent |
0.878% |
0.878% |
0.878% |
0.878% |
0.878% |
| Insurance Dollar |
$1,291 |
$1,330 |
$1,370 |
$1,411 |
$1,453 |
| 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 |
$1,772 |
$1,825 |
$1,880 |
$1,937 |
$1,995 |
| 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 |
$4,996 |
$5,146 |
$5,300 |
$5,459 |
$5,623 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$12,726 |
$13,108 |
$13,501 |
$13,906 |
$14,323 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$9,393 |
$9,393 |
$9,393 |
$9,393 |
$9,393 |
| Principal |
$1,195 |
$1,282 |
$1,374 |
$1,474 |
$1,580 |
| Interest |
$8,198 |
$8,111 |
$8,019 |
$7,919 |
$7,813 |
| Loan Balance at End of Year |
$116,458 |
$115,176 |
$113,802 |
$112,328 |
$110,748 |
| 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 |
$35,020 |
$40,846 |
$46,901 |
$53,196 |
$59,742 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$3,333 |
$3,715 |
$4,108 |
$4,513 |
$4,930 |
| Monhtly Cash Flow |
$278 |
$310 |
$342 |
$376 |
$411 |
| Cash on Cash Return on Investment |
0.108% |
0.120% |
0.133% |
0.146% |
0.160% |
| 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 |