Co-living
Atlanta, GA 30331
7bd • 6ba • Built: 1963 • Remodeled: 2026
SFR - being remodeled as we speak
| Estimated Square Feet | 2,225 | | Initial Market Value | $382,000 | | Purchase Price | $382,000 | | Downpayment | $95,500 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $11,460 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $106,960 | | Cost per Square Foot / per Bedroom | $172 / $54,571 | | Monthly Rent per SQFT / per Bedroom | $3.51 / $1,114 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $7,800 | $93,600 | | Vacancy Losses | ($1,092) | ($13,104) | | Operating Income | $6,708 | $80,496 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($446) | ($5,348) | | Insurance | ($207) | ($2,483) | | Management Fees | ($1,073) | ($12,879) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($351) | ($4,212) | | Other (Utilities, Supplies, etc.) | ($1,100) | ($13,200) | | Operating Expenses | ($3,177) | ($38,122) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,531 | $42,374 | | - Mortgage Payments | ($1,811) | ($21,730) | | = Cash Flow | $1,720 | $20,643 | | + Principal Reduction | $267 | $3,202 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $716 | $8,595 | | + First-Year Appreciation | $1,910 | $22,920 | | = Gross Equity Income | $4,613 | $55,360 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $286,500 | N/A | | Monthly Payment | $1,810.87 | 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 | 1.95 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 11.1% | | Cash on Cash Return | 19% | | Return on Investment | 44% | | Return on Investment with IIDD | 52% | | + 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 |
|---|
| Will be sold turnkey, mid renovation, ready early May. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
|