Co-living Atlanta
Decatur, GA 30032
7bd • 4ba • Built: 1954 • Remodeled: 2025
Will be sold turnkey & furnished
| Estimated Square Feet | 1,853 | | Initial Market Value | $354,900 | | Purchase Price | $354,900 | | Downpayment | $88,725 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $7,098 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $95,823 | | Cost per Square Foot / per Bedroom | $192 / $50,700 | | Monthly Rent per SQFT / per Bedroom | $3.40 / $901 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $6,305 | $75,660 | | Vacancy Losses | ($883) | ($10,592) | | Operating Income | $5,422 | $65,068 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($458) | ($5,501) | | Insurance | ($192) | ($2,307) | | Management Fees | ($868) | ($10,411) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($315) | ($3,783) | | Other (Utilities, Supplies, etc.) | ($850) | ($10,200) | | Operating Expenses | ($2,683) | ($32,202) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,739 | $32,866 | | - Mortgage Payments | ($1,682) | ($20,189) | | = Cash Flow | $1,056 | $12,677 | | + Principal Reduction | $248 | $2,975 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $665 | $7,985 | | + First-Year Appreciation | $1,775 | $21,294 | | = Gross Equity Income | $3,744 | $44,931 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $266,175 | N/A | | Monthly Payment | $1,682.41 | N/A | | Loan Type | Amortizing Fixed | N/A | | Term | 30 Years | N/A | | Nominal / Real Interest Rate | 6.500% / 3.500% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 1.8% | | Debt Coverage Ratio | 1.63 | | Annual Gross Rent Multiplier | 5 | | Capitalization Rate | 9.3% | | Cash on Cash Return | 13% | | Return on Investment | 39% | | Return on Investment with IIDD | 47% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 14% | | Management Fee | 16% | | Maintenance Percentage | 5% |
| Comments |
|---|
| Ready in January to lease. Closing not to take place until furnished/lease ready (early January) |
*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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