×

Loading chat...

This is a static proforma, easily create your own dynamic proformas for FREE at www.PropertyTracker.com.

×

Schedule a Consultation

IN ESCROW
Excellent Cash Flow
Decatur, GA 30032
9bd • 7ba • Built: 1963 • Remodeled: 2025
Turnkey Co-Living 22
Square Feet2,524
Initial Market Value$459,900
Purchase Price$459,900
Downpayment$114,975
Loan Origination Fees$0
Depreciable Closing Costs$9,198
Other Costs and Fixup$0
Approximate Cash Invested$124,173
Cost per Square Foot$182
Monthly Rent per Square Foot$3.50
Projected IncomeMonthlyAnnual
Projected Rent$8,840$106,080
Vacancy Losses($1,061)($12,730)
Operating Income$7,779$93,350
Estimated ExpensesMonthlyAnnual
Property Taxes($613)($7,358)
Insurance($230)($2,759)
Management Fees($1,245)($14,936)
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($530)($6,365)
Other (Utilities, Supplies, etc.)($1,050)($12,600)
Operating Expenses($3,668)($44,019)
Net PerformanceMonthlyAnnual
Net Operating Income$4,111$49,332
- Mortgage Payments($2,180)($26,162)
= Cash Flow$1,931$23,170
+ Principal Reduction$321$3,855
+ Inflation Induced Debt Destruction® (IIDD) - Beta$862$10,348
+ First-Year Appreciation$2,300$27,594
= Gross Equity Income$5,414$64,967
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$344,925$0
Monthly Payment$2,180.16$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate6.500%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)1.9%
Debt Coverage Ratio1.89
Annual Gross Rent Multiplier4
Capitalization Rate10.7%
Cash on Cash Return19%
Return on Investment44%
Return on Investment with IIDD52%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Projected Appreciation Rate6%
Projected Inflation Rate3%
Vacancy Rate12%
Management Fee16%
Maintenance Percentage6%
Comments
-Estimated January Closing -Turnkey and Furnished at close
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Learn How to Read a Performa
Business woman on phone

Book Your Free Investment Consultation