Excellent Cash Flow
Decatur, GA 30032
8bd • 5ba • Built: 1974 • Remodeled: 2025
| Projected Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Projected Rent | $91,512 | $94,257 | $97,085 | $99,998 | $102,998 | $106,087 | $109,270 | $112,548 | $115,925 | $119,402 |
| Vacancy Losses | ($10,981) | ($11,311) | ($11,650) | ($12,000) | ($12,360) | ($12,730) | ($13,112) | ($13,506) | ($13,911) | ($14,328) |
| Operating Income | $80,531 | $82,946 | $85,435 | $87,998 | $90,638 | $93,357 | $96,158 | $99,042 | $102,014 | $105,074 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($6,558) | ($6,755) | ($6,958) | ($7,167) | ($7,382) | ($7,603) | ($7,831) | ($8,066) | ($8,308) | ($8,557) |
| Insurance | ($2,459) | ($2,533) | ($2,609) | ($2,687) | ($2,768) | ($2,851) | ($2,937) | ($3,025) | ($3,115) | ($3,209) |
| Management Fees | ($12,885) | ($13,271) | ($13,670) | ($14,080) | ($14,502) | ($14,937) | ($15,385) | ($15,847) | ($16,322) | ($16,812) |
| Leasing/Advertising Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Association Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Maintenance | ($5,491) | ($5,655) | ($5,825) | ($6,000) | ($6,180) | ($6,365) | ($6,556) | ($6,753) | ($6,955) | ($7,164) |
| Other | ($11,400) | ($11,742) | ($12,094) | ($12,457) | ($12,831) | ($13,216) | ($13,612) | ($14,021) | ($14,441) | ($14,874) |
| Operating Expenses | ($38,793) | ($39,957) | ($41,156) | ($42,391) | ($43,662) | ($44,972) | ($46,321) | ($47,711) | ($49,142) | ($50,617) |
| Income Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Net Operating Income | $41,737 | $42,989 | $44,279 | $45,607 | $46,976 | $48,385 | $49,836 | $51,331 | $52,871 | $54,458 |
| - Mortgage Payments | ($23,318) | ($23,318) | ($23,318) | ($23,318) | ($23,318) | ($23,318) | ($23,318) | ($23,318) | ($23,318) | ($23,318) |
| = Cash Flow | $18,419 | $19,672 | $20,961 | $22,290 | $23,658 | $25,067 | $26,519 | $28,014 | $29,554 | $31,140 |
| + Principal Reduction | $3,436 | $3,666 | $3,912 | $4,174 | $4,453 | $4,752 | $5,070 | $5,409 | $5,772 | $6,158 |
| + Appreciation | $24,594 | $26,070 | $27,634 | $29,292 | $31,049 | $32,912 | $34,887 | $36,980 | $39,199 | $41,551 |
| = Gross Equity Income | $46,450 | $49,408 | $52,507 | $55,755 | $59,161 | $62,731 | $66,476 | $70,403 | $74,525 | $78,849 |
| Capitalization Rate | 9.6% | 9.3% | 9.1% | 8.8% | 8.6% | 8.3% | 8.1% | 7.9% | 7.6% | 7.4% |
| Cash on Cash Return | 16.6% | 17.8% | 18.9% | 20.1% | 21.4% | 22.6% | 24.0% | 25.3% | 26.7% | 28.1% |
| Return on Equity | 35.6% | 30.8% | 27.4% | 24.8% | 22.7% | 21.0% | 19.6% | 18.5% | 17.5% | 16.7% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $434,494 | $460,564 | $488,197 | $517,489 | $548,539 | $581,451 | $616,338 | $653,318 | $692,517 | $734,068 |
| - Loan Balance | ($303,989) | ($300,322) | ($296,411) | ($292,237) | ($287,783) | ($283,032) | ($277,962) | ($272,552) | ($266,780) | ($260,622) |
| = Equity | $130,505 | $160,241 | $191,787 | $225,253 | $260,755 | $298,419 | $338,376 | $380,766 | $425,737 | $473,446 |
| Loan-to-Value Ratio | 70.0% | 65.2% | 60.7% | 56.5% | 52.5% | 48.7% | 45.1% | 41.7% | 38.5% | 35.5% |
| Potential Cash-Out Refi | $87,056 | $114,185 | $142,967 | $173,504 | $205,902 | $240,274 | $276,743 | $315,434 | $356,485 | $400,039 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $130,505 | $160,241 | $191,787 | $225,253 | $260,755 | $298,419 | $338,376 | $380,766 | $425,737 | $473,446 |
| - Closing Costs | ($30,415) | ($32,239) | ($34,174) | ($36,224) | ($38,398) | ($40,702) | ($43,144) | ($45,732) | ($48,476) | ($51,385) |
| = Proceeds After Sale | $100,091 | $128,002 | $157,613 | $189,028 | $222,358 | $257,718 | $295,233 | $335,034 | $377,261 | $422,061 |
| + Cumulative Cash Flow | $18,419 | $38,091 | $59,052 | $81,342 | $105,000 | $130,067 | $156,586 | $184,599 | $214,153 | $245,293 |
| - Approximate Cash Invested | ($110,673) | ($110,673) | ($110,673) | ($110,673) | ($110,673) | ($110,673) | ($110,673) | ($110,673) | ($110,673) | ($110,673) |
| = Net Profit | $7,837 | $55,420 | $105,992 | $159,697 | $216,685 | $277,112 | $341,145 | $408,960 | $480,741 | $556,681 |
| Internal Rate of Return | 7.1% | 24.1% | 28.4% | 29.5% | 29.6% | 29.3% | 28.9% | 28.4% | 27.9% | 27.4% |
| Return on Investment | 7.1% | 50.1% | 95.8% | 144.3% | 195.8% | 250.4% | 308.2% | 369.5% | 434.4% | 503.0% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.