Co-living 34
Atlanta, GA 30331
8bd • 8ba • Built: 1964 • Remodeled: 2025
Co-living - being remodeled as we speak
| 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 | $125 | | Monthly Rent per Square Foot | $2.34 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $8,800 | $105,600 | | Vacancy Losses | ($1,056) | ($12,672) | | Operating Income | $7,744 | $92,928 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($430) | ($5,159) | | Insurance | ($235) | ($2,814) | | Management Fees | ($1,239) | ($14,868) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($528) | ($6,336) | | Other (Utilities, Supplies, etc.) | ($1,100) | ($13,200) | | Operating Expenses | ($3,531) | ($42,377) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,213 | $50,551 | | - Mortgage Payments | ($2,223) | ($26,680) | | = Cash Flow | $1,989 | $23,871 | | + Principal Reduction | $328 | $3,932 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $879 | $10,553 | | + First-Year Appreciation | $2,345 | $28,140 | | = Gross Equity Income | $5,541 | $66,495 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% | | Loan Amount | $351,750 | $0 | | Monthly Payment | $2,223.30 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 6.500% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 1.9% | | Debt Coverage Ratio | 1.89 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 10.8% | | Cash on Cash Return | 18% | | Return on Investment | 43% | | Return on Investment with IIDD | 51% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 12% | | Management Fee | 16% | | Maintenance Percentage | 6% |
*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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