Co-living Atlanta
Atlanta, GA 30318
10 bedrooms 6 bathrooms 2004 year built 2015 year remodeled
duplex, co-living, great income potential. 10/6
| General Information | |
|---|
| Square Feet | 4,268 | | Purchase Price | $525,000 | | Initial Market Value | $525,000 | | Downpayment | $131,250 | | Closing Costs | $21,656 | | Approximate Cash Invested | $152,906 |
| Income & Expenses | Monthly | Annual |
|---|
| Projected Rent | $7,707 | $92,484 | | Vacancy Losses | $925 | $11,098 | | Operating Income | $6,782 | $81,386 | | Operating Expenses | $3,141 | $37,696 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,641 | $43,690 | | - Mortgage Payments | $2,554 | $30,646 | | = Cash Flow | $1,087 | $13,044 | | + Principal Reduction | $350 | $4,196 | | + First-Year Appreciation | $2,625 | $31,500 | | = Gross Equity Income | $4,062 | $48,740 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 8.3% | | Cash on Cash Return | 9% | | Return on Investment | 32% |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 12% | | Management Fee | 16% |
| Comments |
|---|
| Currently running at co-living however being self managed. 7/10 units are occupied currently |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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