Co-living 34
Atlanta, GA 30331
8bd • 8ba • Built: 1964 • Remodeled: 2025
Co-living - being remodeled as we speak
| Estimated Square Feet | 3,754 | | Initial Market Value | $469,000 | | Purchase Price | $469,000 | | Downpayment | $117,250 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $14,070 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $131,320 | | Cost per Square Foot / per Bedroom | $125 / $58,625 | | Monthly Rent per SQFT / per Bedroom | $2.34 / $1,100 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $8,800 | $105,600 | | Vacancy Losses | ($1,232) | ($14,784) | | Operating Income | $7,568 | $90,816 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($547) | ($6,566) | | Insurance | ($254) | ($3,049) | | Management Fees | ($1,211) | ($14,531) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($396) | ($4,752) | | Other (Utilities, Supplies, etc.) | ($1,100) | ($13,200) | | Operating Expenses | ($3,508) | ($42,097) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,060 | $48,719 | | - Mortgage Payments | ($2,223) | ($26,680) | | = Cash Flow | $1,837 | $22,039 | | + Principal Reduction | $328 | $3,932 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $879 | $10,553 | | + First-Year Appreciation | $2,345 | $28,140 | | = Gross Equity Income | $5,389 | $64,663 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $351,750 | N/A | | Monthly Payment | $2,223.30 | 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™) | 1.9% | | Debt Coverage Ratio | 1.83 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 10.4% | | Cash on Cash Return | 17% | | Return on Investment | 41% | | Return on Investment with IIDD | 49% | | + 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% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
|