Co-living
Atlanta, GA 30311
7bd • 7ba • Built: 1963 • Remodeled: 2026
SFR - being remodeled as we speak
| Estimated Square Feet | 2,370 | | Initial Market Value | $399,000 | | Purchase Price | $399,000 | | Downpayment | $99,750 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $11,970 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $111,720 | | Cost per Square Foot / per Bedroom | $168 / $57,000 | | Monthly Rent per SQFT / per Bedroom | $3.20 / $1,083 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $7,583 | $90,996 | | Vacancy Losses | ($1,062) | ($12,739) | | Operating Income | $6,521 | $78,257 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($466) | ($5,586) | | Insurance | ($216) | ($2,594) | | Management Fees | ($1,043) | ($12,521) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($341) | ($4,095) | | Other (Utilities, Supplies, etc.) | ($1,100) | ($13,200) | | Operating Expenses | ($3,166) | ($37,995) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,355 | $40,261 | | - Mortgage Payments | ($1,891) | ($22,698) | | = Cash Flow | $1,464 | $17,564 | | + Principal Reduction | $279 | $3,345 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $748 | $8,978 | | + First-Year Appreciation | $1,995 | $23,940 | | = Gross Equity Income | $4,485 | $53,826 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $299,250 | N/A | | Monthly Payment | $1,891.46 | 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 | 1.77 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 10.1% | | Cash on Cash Return | 16% | | Return on Investment | 40% | | Return on Investment with IIDD | 48% | | + 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 mid May. |
*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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