Savannah Deal Analysis
Let's look at deal analysis for Savannah, 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 Savannah, Georgia Rental Property
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Typical 20% Down Payment Savannah, Georgia Rental Property
|
|
Purchase Inputs
|
|
|
Percents
|
Dollars/#
|
|
ARV
|
|
$235,881
|
|
Purchase Price
|
|
$235,881
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
20.000%
|
$47,176
|
|
Closing Costs
|
1.000%
|
$2,359
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$0
|
|
Total Invested
|
|
$49,535
|
|
Mortgage
|
|
Mortgage Amount
|
|
$188,704.80
|
|
Mortgage Interest Rate
|
7.000%
|
|
|
Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0%
|
$0
|
|
Drop PMI LTV
|
0.000%
|
|
|
Income
|
|
Monthly Rent
|
|
$2,048
$2047.50
|
|
Other Income
|
|
$0
|
|
Annual Expenses
|
|
Vacancy Rate
|
3.000%
|
$737
|
|
Property Taxes
|
1.138%
|
$2,684
|
|
Property Insurance
|
0.878%
|
$2,071
|
|
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%
|
$35,382
|
|
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 |
$242,957 |
$250,246 |
$257,754 |
$265,486 |
$273,451 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$7,076 |
$7,289 |
$7,507 |
$7,733 |
$7,965 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$2,048 |
$2,109 |
$2,172 |
$2,237 |
$2,304 |
| 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 |
$2,048 |
$2,109 |
$2,172 |
$2,237 |
$2,304 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$61 |
$63 |
$65 |
$67 |
$69 |
| Monthly Gross Operating Income |
$1,986 |
$2,046 |
$2,107 |
$2,170 |
$2,235 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$24,570 |
$25,307 |
$26,066 |
$26,848 |
$27,654 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$24,570 |
$25,307 |
$26,066 |
$26,848 |
$27,654 |
| Annual Vacancy Dollar |
$737 |
$759 |
$782 |
$805 |
$830 |
| Annual Gross Operating Income |
$23,833 |
$24,548 |
$25,284 |
$26,043 |
$26,824 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.138% |
1.138% |
1.138% |
1.138% |
1.138% |
| Property Taxes Dollar |
$2,684 |
$2,765 |
$2,848 |
$2,933 |
$3,021 |
| Insurance Percent |
0.878% |
0.878% |
0.878% |
0.878% |
0.878% |
| Insurance Dollar |
$2,071 |
$2,133 |
$2,197 |
$2,263 |
$2,331 |
| 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 |
$2,383 |
$2,455 |
$2,528 |
$2,604 |
$2,682 |
| 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 |
$7,139 |
$7,353 |
$7,573 |
$7,801 |
$8,035 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$16,694 |
$17,195 |
$17,711 |
$18,242 |
$18,790 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$15,066 |
$15,066 |
$15,066 |
$15,066 |
$15,066 |
| Principal |
$1,917 |
$2,055 |
$2,204 |
$2,363 |
$2,534 |
| Interest |
$13,149 |
$13,010 |
$12,861 |
$12,702 |
$12,531 |
| Loan Balance at End of Year |
$186,788 |
$184,732 |
$182,528 |
$180,165 |
$177,631 |
| 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 |
$56,170 |
$65,514 |
$75,225 |
$85,321 |
$95,820 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
$1,629 |
$2,130 |
$2,645 |
$3,177 |
$3,724 |
| Monhtly Cash Flow |
$136 |
$177 |
$220 |
$265 |
$310 |
| Cash on Cash Return on Investment |
0.033% |
0.043% |
0.053% |
0.064% |
0.075% |
| 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 |