Co-living 289
Atlanta, GA 30311
9bd • 9ba • Built: 1963 • Remodeled: 2026
SFR - being remodeled as we speak
| Estimated Square Feet | 2,750 | | Initial Market Value | $479,000 | | Purchase Price | $479,000 | | Downpayment | $119,750 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $14,370 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $134,120 | | Cost per Square Foot / per Bedroom | $174 / $53,222 | | Monthly Rent per SQFT / per Bedroom | $3.55 / $1,083 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $9,750 | $117,000 | | Vacancy Losses | ($1,365) | ($16,380) | | Operating Income | $8,385 | $100,620 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($559) | ($6,706) | | Insurance | ($259) | ($3,114) | | Management Fees | ($1,342) | ($16,099) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($439) | ($5,265) | | Other (Utilities, Supplies, etc.) | ($1,250) | ($15,000) | | Operating Expenses | ($3,849) | ($46,184) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,536 | $54,436 | | - Mortgage Payments | ($2,271) | ($27,248) | | = Cash Flow | $2,266 | $27,188 | | + Principal Reduction | $335 | $4,015 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $898 | $10,778 | | + First-Year Appreciation | $2,395 | $28,740 | | = Gross Equity Income | $5,893 | $70,721 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $359,250 | N/A | | Monthly Payment | $2,270.70 | 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 | 2.00 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 11.4% | | Cash on Cash Return | 20% | | 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 | 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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