Co-living
Decatur, GA 30034
8bd • 8ba • Built: 1971 • Remodeled: 2025
SFR - being remodeled as we speak
| Estimated Square Feet | 3,200 | | Initial Market Value | $439,000 | | Purchase Price | $439,000 | | Downpayment | $109,750 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $8,780 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $118,530 | | Cost per Square Foot / per Bedroom | $137 / $54,875 | | Monthly Rent per SQFT / per Bedroom | $2.76 / $1,105 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $8,840 | $106,080 | | Vacancy Losses | ($1,238) | ($14,851) | | Operating Income | $7,602 | $91,229 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($567) | ($6,805) | | Insurance | ($238) | ($2,854) | | Management Fees | ($1,216) | ($14,597) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($354) | ($4,243) | | Other (Utilities, Supplies, etc.) | ($1,250) | ($15,000) | | Operating Expenses | ($3,625) | ($43,498) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,978 | $47,731 | | - Mortgage Payments | ($2,081) | ($24,973) | | = Cash Flow | $1,897 | $22,758 | | + Principal Reduction | $307 | $3,680 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $823 | $9,878 | | + First-Year Appreciation | $2,195 | $26,340 | | = Gross Equity Income | $5,221 | $62,656 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $329,250 | N/A | | Monthly Payment | $2,081.08 | 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™) | 2.0% | | Debt Coverage Ratio | 1.91 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 10.9% | | Cash on Cash Return | 19% | | Return on Investment | 45% | | Return on Investment with IIDD | 53% | | + 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 | 4% |
| Comments |
|---|
| will be sold turnkey, renovations begin April 1 to be delivered May 5. 8 en suites. |
*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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