14 Co-Living
Atlanta, GA 30311
7bd • 7ba • Built: 1950 • Remodeled: 2025
SFR - being remodeled as we speak.
| Estimated Square Feet | 2,147 | | Initial Market Value | $389,900 | | Purchase Price | $389,900 | | Downpayment | $97,475 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $7,798 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $105,273 | | Cost per Square Foot / per Bedroom | $182 / $55,700 | | Monthly Rent per SQFT / per Bedroom | $3.53 / $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 | ($471) | ($5,654) | | Insurance | ($195) | ($2,339) | | Management Fees | ($1,043) | ($12,521) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($379) | ($4,550) | | Other (Utilities, Supplies, etc.) | ($1,100) | ($13,200) | | Operating Expenses | ($3,189) | ($38,264) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,333 | $39,993 | | - Mortgage Payments | ($1,897) | ($22,760) | | = Cash Flow | $1,436 | $17,233 | | + Principal Reduction | $260 | $3,116 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $731 | $8,773 | | + First-Year Appreciation | $0 | $0 | | = Gross Equity Income | $2,427 | $29,122 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $292,425 | N/A | | Monthly Payment | $1,896.66 | 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™) | 1.9% | | Debt Coverage Ratio | 1.76 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 10.3% | | Cash on Cash Return | 16% | | Return on Investment | 19% | | Return on Investment with IIDD | 28% | | + 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 |
*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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