Co-living
East Point, GA 30344
8bd • 6ba • Built: 1970 • Remodeled: 2025
SFR - being remodeled as we speak.
| Estimated Square Feet | 2,225 | | Initial Market Value | $374,000 | | Purchase Price | $374,000 | | Downpayment | $93,500 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $11,220 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $104,720 | | Cost per Square Foot / per Bedroom | $168 / $46,750 | | Monthly Rent per SQFT / per Bedroom | $3.34 / $929 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $7,431 | $89,172 | | Vacancy Losses | ($1,040) | ($12,484) | | Operating Income | $6,391 | $76,688 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($436) | ($5,236) | | Insurance | ($203) | ($2,431) | | Management Fees | ($1,023) | ($12,270) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($334) | ($4,013) | | Other (Utilities, Supplies, etc.) | ($1,050) | ($12,600) | | Operating Expenses | ($3,046) | ($36,550) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,345 | $40,138 | | - Mortgage Payments | ($1,819) | ($21,832) | | = Cash Flow | $1,526 | $18,306 | | + Principal Reduction | $249 | $2,989 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $701 | $8,415 | | + First-Year Appreciation | $1,870 | $22,440 | | = Gross Equity Income | $4,346 | $52,151 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $280,500 | N/A | | Monthly Payment | $1,819.32 | N/A | | Loan Type | Amortizing Fixed | N/A | | Term | 30 Years | N/A | | Nominal / Real Interest Rate | 6.750% / 3.750% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 2.0% | | Debt Coverage Ratio | 1.84 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 10.7% | | Cash on Cash Return | 17% | | Return on Investment | 42% | | Return on Investment with IIDD | 50% | | + 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, currently in mid renovation. |
*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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