A satellite RF communication link is analyzed based on a simple fundamental equations by systematic approach in this paper. The number of variables related to a design and analysis of satellite RF link is often a dozen or more, thus it is a tedious and time-consuming task. With the given input data, the important parameters are calculated step by step and three communication characteristics such as communication channel capacity, carrier-to-noise ratio(CNR) at the satellite and ground station are analyzed. It gives very useful information to the system engineers for designing and analyzing the overall satellite communication system in the conceptual design phase.