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 | ($12,730) | ($13,111) | ($13,505) | ($13,910) | ($14,327) | ($14,757) | ($15,200) | ($15,656) | ($16,125) | ($16,609) |
| Operating Income | $93,350 | $96,151 | $99,035 | $102,007 | $105,067 | $108,219 | $111,465 | $114,809 | $118,253 | $121,801 |
| Estimated Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($7,358) | ($7,579) | ($7,807) | ($8,041) | ($8,282) | ($8,530) | ($8,786) | ($9,050) | ($9,321) | ($9,601) |
| Insurance | ($2,759) | ($2,842) | ($2,927) | ($3,015) | ($3,106) | ($3,199) | ($3,295) | ($3,394) | ($3,496) | ($3,600) |
| Management Fees | ($14,936) | ($15,384) | ($15,846) | ($16,321) | ($16,811) | ($17,315) | ($17,834) | ($18,369) | ($18,921) | ($19,488) |
| 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 | ($6,365) | ($6,556) | ($6,752) | ($6,955) | ($7,164) | ($7,379) | ($7,600) | ($7,828) | ($8,063) | ($8,305) |
| Other | ($12,600) | ($12,978) | ($13,367) | ($13,768) | ($14,181) | ($14,607) | ($15,045) | ($15,496) | ($15,961) | ($16,440) |
| Operating Expenses | ($44,019) | ($45,339) | ($46,699) | ($48,100) | ($49,543) | ($51,030) | ($52,561) | ($54,137) | ($55,762) | ($57,434) |
| 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 | $49,332 | $50,812 | $52,336 | $53,906 | $55,523 | $57,189 | $58,905 | $60,672 | $62,492 | $64,367 |
| - Mortgage Payments | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) | ($26,162) |
| = Cash Flow | $23,170 | $24,650 | $26,174 | $27,744 | $29,361 | $31,027 | $32,743 | $34,510 | $36,330 | $38,205 |
| + 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 | $54,619 | $58,013 | $61,568 | $65,292 | $69,195 | $73,285 | $77,574 | $82,070 | $86,786 | $91,734 |
| Capitalization Rate | 10.1% | 9.8% | 9.6% | 9.3% | 9.0% | 8.8% | 8.5% | 8.3% | 8.0% | 7.8% |
| Cash on Cash Return | 18.7% | 19.9% | 21.1% | 22.3% | 23.6% | 25.0% | 26.4% | 27.8% | 29.3% | 30.8% |
| Return on Equity | 37.3% | 32.3% | 28.6% | 25.8% | 23.7% | 21.9% | 20.4% | 19.2% | 18.2% | 17.3% |
| 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 | $23,170 | $47,820 | $73,994 | $101,738 | $131,099 | $162,126 | $194,869 | $229,379 | $265,709 | $303,914 |
| - 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 | $11,297 | $67,262 | $126,659 | $189,651 | $256,407 | $327,107 | $401,941 | $481,107 | $564,814 | $653,285 |
| Internal Rate of Return | 9.1% | 26.1% | 30.3% | 31.3% | 31.3% | 31.0% | 30.5% | 29.9% | 29.4% | 28.9% |
| Return on Investment | 9.1% | 54.2% | 102.0% | 152.7% | 206.5% | 263.4% | 323.7% | 387.4% | 454.9% | 526.1% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.