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Excellent Cash Flow
Decatur, GA 30032
8 bedrooms 5 bathrooms 1974 year built 2025 year remodeled
Turnkey Co-Living 22
| 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 | ($2,050) | ($2,111) | ($2,174) | ($2,240) | ($2,307) | ($2,376) | ($2,447) | ($2,521) | ($2,596) | ($2,674) |
| 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 | ($38,384) | ($39,535) | ($40,721) | ($41,943) | ($43,201) | ($44,497) | ($45,832) | ($47,207) | ($48,623) | ($50,082) |
| 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 | $42,147 | $43,411 | $44,714 | $46,055 | $47,437 | $48,860 | $50,326 | $51,836 | $53,391 | $54,992 |
| - Mortgage Payments | ($23,927) | ($23,927) | ($23,927) | ($23,927) | ($23,927) | ($23,927) | ($23,927) | ($23,927) | ($23,927) | ($23,927) |
| = Cash Flow | $18,220 | $19,484 | $20,786 | $22,128 | $23,509 | $24,933 | $26,398 | $27,908 | $29,463 | $31,065 |
| + Principal Reduction | $3,276 | $3,504 | $3,748 | $4,009 | $4,289 | $4,587 | $4,907 | $5,248 | $5,614 | $6,005 |
| + Appreciation | $24,594 | $26,070 | $27,634 | $29,292 | $31,049 | $32,912 | $34,887 | $36,980 | $39,199 | $41,551 |
| = Gross Equity Income | $46,090 | $49,058 | $52,169 | $55,429 | $58,847 | $62,432 | $66,192 | $70,137 | $74,276 | $78,621 |
| Capitalization Rate | 9.7% | 9.4% | 9.2% | 8.9% | 8.6% | 8.4% | 8.2% | 7.9% | 7.7% | 7.5% |
| Cash on Cash Return | 15.8% | 16.9% | 18.0% | 19.2% | 20.4% | 21.6% | 22.9% | 24.2% | 25.6% | 26.9% |
| Return on Equity | 35.4% | 30.7% | 27.3% | 24.7% | 22.6% | 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 | ($304,149) | ($300,644) | ($296,896) | ($292,886) | ($288,598) | ($284,010) | ($279,104) | ($273,855) | ($268,242) | ($262,237) |
| = Equity | $130,345 | $159,919 | $191,302 | $224,603 | $259,941 | $297,441 | $337,234 | $379,463 | $424,276 | $471,831 |
| Loan-to-Value Ratio | 70.0% | 65.3% | 60.8% | 56.6% | 52.6% | 48.8% | 45.3% | 41.9% | 38.7% | 35.7% |
| Potential Cash-Out Refi | $86,896 | $113,863 | $142,482 | $172,854 | $205,087 | $239,296 | $275,601 | $314,131 | $355,024 | $398,425 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity | $130,345 | $159,919 | $191,302 | $224,603 | $259,941 | $297,441 | $337,234 | $379,463 | $424,276 | $471,831 |
| - 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 | $99,931 | $127,680 | $157,128 | $188,379 | $221,543 | $256,739 | $294,091 | $333,731 | $375,800 | $420,447 |
| + Cumulative Cash Flow | $18,220 | $37,704 | $58,490 | $80,618 | $104,127 | $129,060 | $155,458 | $183,367 | $212,830 | $243,895 |
| - Approximate Cash Invested | ($115,284) | ($115,284) | ($115,284) | ($115,284) | ($115,284) | ($115,284) | ($115,284) | ($115,284) | ($115,284) | ($115,284) |
| = Net Profit | $2,866 | $50,099 | $100,334 | $153,712 | $210,386 | $270,515 | $334,265 | $401,813 | $473,345 | $549,057 |
| Internal Rate of Return | 2.5% | 21.2% | 26.2% | 27.7% | 28.1% | 28.0% | 27.7% | 27.3% | 26.8% | 26.4% |
| Return on Investment | 2.5% | 43.5% | 87.0% | 133.3% | 182.5% | 234.6% | 289.9% | 348.5% | 410.6% | 476.3% |
*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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