11 Co-Living
Decatur, GA 30034
7bd • 7ba • Built: 1968 • Remodeled: 2026
SFR - being remodeled as we speak.
| Estimated Square Feet | 2,400 | | Initial Market Value | $399,000 | | Price | $399,000 | | Downpayment | $99,750 | | Loan Origination Fees | $5,985 | | Depreciable Closing Costs | $7,980 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $113,715 | | Cost per Square Foot / per Bedroom | $166 / $57,000 | | Monthly Rent per SQFT / per Bedroom | $3.16 / $1,083 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $7,583 | $90,996 | | Vacancy Losses | ($758) | ($9,100) | | Operating Income | $6,825 | $81,896 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($515) | ($6,185) | | Insurance | ($226) | ($2,713) | | Management Fees | ($1,092) | ($13,103) | | Leasing/Advertising Fees | ($208) | ($2,500) | | Association Fees | $0 | $0 | | Maintenance | ($303) | ($3,640) | | Other (Utilities, Supplies, etc.) | ($1,150) | ($13,800) | | Operating Expenses | ($3,495) | ($41,941) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,330 | $39,955 | | - Mortgage Payments | ($1,941) | ($23,291) | | = Cash Flow | $1,389 | $16,664 | | + Principal Reduction | $266 | $3,189 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $748 | $8,978 | | + First-Year Appreciation | $1,995 | $23,940 | | = Gross Equity Income | $4,398 | $52,771 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $299,250 | N/A | | Monthly Payment | $1,940.93 | 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 | 1.72 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 10.0% | | Cash on Cash Return | 15% | | Return on Investment | 39% | | Return on Investment with IIDD | 46% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 10% | | Management Fee | 16% | | Maintenance Percentage | 4% |
| 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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