Excellent Cash Flow
Decatur, GA 30032
9bd • 7ba • Built: 1963 • 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 | $106,080 | $109,262 | $112,540 | $115,916 | $119,394 | $122,976 | $126,665 | $130,465 | $134,379 | $138,410 |
| Vacancy Losses | ($14,851) | ($15,297) | ($15,756) | ($16,228) | ($16,715) | ($17,217) | ($17,733) | ($18,265) | ($18,813) | ($19,377) |
| Operating Income | $91,229 | $93,966 | $96,785 | $99,688 | $102,679 | $105,759 | $108,932 | $112,200 | $115,566 | $119,033 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($7,128) | ($7,342) | ($7,563) | ($7,789) | ($8,023) | ($8,264) | ($8,512) | ($8,767) | ($9,030) | ($9,301) |
| Insurance | ($2,989) | ($3,079) | ($3,171) | ($3,267) | ($3,365) | ($3,465) | ($3,569) | ($3,677) | ($3,787) | ($3,900) |
| Management Fees | ($14,597) | ($15,035) | ($15,486) | ($15,950) | ($16,429) | ($16,921) | ($17,429) | ($17,952) | ($18,491) | ($19,045) |
| 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 | ($5,304) | ($5,463) | ($5,627) | ($5,796) | ($5,970) | ($6,149) | ($6,333) | ($6,523) | ($6,719) | ($6,921) |
| Other | ($12,600) | ($12,978) | ($13,367) | ($13,768) | ($14,181) | ($14,607) | ($15,045) | ($15,496) | ($15,961) | ($16,440) |
| Operating Expenses | ($42,618) | ($43,897) | ($45,214) | ($46,570) | ($47,967) | ($49,406) | ($50,889) | ($52,415) | ($53,988) | ($55,607) |
| 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 | $48,610 | $50,069 | $51,571 | $53,118 | $54,711 | $56,353 | $58,043 | $59,785 | $61,578 | $63,426 |
| - Mortgage Payments | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) |
| = Cash Flow | $22,448 | $23,907 | $25,409 | $26,956 | $28,550 | $30,191 | $31,881 | $33,623 | $35,416 | $37,264 |
| + Principal Reduction | $3,855 | $4,114 | $4,389 | $4,683 | $4,997 | $5,331 | $5,688 | $6,069 | $6,476 | $6,909 |
| + Appreciation | $27,594 | $29,250 | $31,005 | $32,865 | $34,837 | $36,927 | $39,143 | $41,491 | $43,981 | $46,619 |
| = Gross Equity Income | $53,898 | $57,270 | $60,802 | $64,504 | $68,383 | $72,449 | $76,712 | $81,183 | $85,873 | $90,792 |
| Capitalization Rate | 10.0% | 9.7% | 9.4% | 9.1% | 8.9% | 8.6% | 8.4% | 8.2% | 7.9% | 7.7% |
| Cash on Cash Return | 18.1% | 19.3% | 20.5% | 21.7% | 23.0% | 24.3% | 25.7% | 27.1% | 28.5% | 30.0% |
| Return on Equity | 36.8% | 31.9% | 28.3% | 25.5% | 23.4% | 21.6% | 20.2% | 19.0% | 18.0% | 17.1% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Market Value | $487,494 | $516,744 | $547,748 | $580,613 | $615,450 | $652,377 | $691,520 | $733,011 | $776,991 | $823,611 |
| - Loan Balance | ($341,070) | ($336,956) | ($332,567) | ($327,884) | ($322,888) | ($317,557) | ($311,868) | ($305,799) | ($299,324) | ($292,414) |
| = Equity | $146,424 | $179,787 | $215,181 | $252,729 | $292,562 | $334,820 | $379,651 | $427,212 | $477,668 | $531,197 |
| 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 | $97,675 | $128,113 | $160,406 | $194,668 | $231,017 | $269,583 | $310,499 | $353,910 | $399,969 | $448,836 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $146,424 | $179,787 | $215,181 | $252,729 | $292,562 | $334,820 | $379,651 | $427,212 | $477,668 | $531,197 |
| - Closing Costs | ($34,125) | ($36,172) | ($38,342) | ($40,643) | ($43,081) | ($45,666) | ($48,406) | ($51,311) | ($54,389) | ($57,653) |
| = Proceeds After Sale | $112,300 | $143,615 | $176,839 | $212,086 | $249,481 | $289,154 | $331,245 | $375,901 | $423,278 | $473,544 |
| + Cumulative Cash Flow | $22,448 | $46,355 | $71,764 | $98,720 | $127,270 | $157,460 | $189,342 | $222,965 | $258,381 | $295,644 |
| - Approximate Cash Invested | ($124,173) | ($124,173) | ($124,173) | ($124,173) | ($124,173) | ($124,173) | ($124,173) | ($124,173) | ($124,173) | ($124,173) |
| = Net Profit | $10,575 | $65,798 | $124,430 | $186,633 | $252,577 | $322,441 | $396,414 | $474,692 | $557,486 | $645,015 |
| Internal Rate of Return | 8.5% | 25.5% | 29.7% | 30.8% | 30.8% | 30.5% | 30.0% | 29.5% | 29.0% | 28.5% |
| Return on Investment | 8.5% | 53.0% | 100.2% | 150.3% | 203.4% | 259.7% | 319.2% | 382.3% | 449.0% | 519.4% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.