31 Co-Living
Atlanta, GA 30331
9bd • 8ba • Built: 1966 • Remodeled: 2025
SFR - being remodeled as we speak.
| Estimated Square Feet | 2,762 | | Initial Market Value | $405,900 | | Purchase Price | $405,900 | | Downpayment | $101,475 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $8,118 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $109,593 | | Cost per Square Foot / per Bedroom | $147 / $45,100 | | Monthly Rent per SQFT / per Bedroom | $3.14 / $962 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $8,660 | $103,920 | | Vacancy Losses | ($1,212) | ($14,549) | | Operating Income | $7,448 | $89,371 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($490) | ($5,886) | | Insurance | ($203) | ($2,435) | | Management Fees | ($1,192) | ($14,299) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($433) | ($5,196) | | Other (Utilities, Supplies, etc.) | ($1,250) | ($15,000) | | Operating Expenses | ($3,568) | ($42,816) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,880 | $46,555 | | - Mortgage Payments | ($1,974) | ($23,694) | | = Cash Flow | $1,905 | $22,861 | | + Principal Reduction | $270 | $3,244 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $761 | $9,133 | | + First-Year Appreciation | $0 | $0 | | = Gross Equity Income | $2,937 | $35,238 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $304,425 | N/A | | Monthly Payment | $1,974.49 | 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™) | 2.1% | | Debt Coverage Ratio | 1.96 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 11.5% | | Cash on Cash Return | 21% | | Return on Investment | 24% | | Return on Investment with IIDD | 32% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 0% | | Projected Inflation Rate | 3% | | Vacancy Rate | 14% | | Management Fee | 16% | | Maintenance Percentage | 5% |
| Comments |
|---|
| will be sold turnkey, mid renovation. 7 en suites and 2 shared bathroom. |
*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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