33 padsplit
Decatur, GA 30034
7bd • 7ba • Built: 1971 • Remodeled: 2025
SFR - being remodeled as we speak.
| Estimated Square Feet | 1,969 | | Initial Market Value | $359,000 | | Price | $359,000 | | Downpayment | $89,750 | | Loan Origination Fees | $5,385 | | Depreciable Closing Costs | $7,180 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $102,315 | | Cost per Square Foot / per Bedroom | $182 / $51,286 | | Monthly Rent per SQFT / per Bedroom | $3.46 / $973 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $6,812 | $81,744 | | Vacancy Losses | ($681) | ($8,174) | | Operating Income | $6,131 | $73,570 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($464) | ($5,565) | | Insurance | ($203) | ($2,441) | | Management Fees | ($981) | ($11,771) | | Leasing/Advertising Fees | ($208) | ($2,500) | | Association Fees | ($250) | ($3,000) | | Maintenance | ($272) | ($3,270) | | Other (Utilities, Supplies, etc.) | ($950) | ($11,400) | | Operating Expenses | ($3,329) | ($39,947) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,802 | $33,623 | | - Mortgage Payments | ($1,746) | ($20,956) | | = Cash Flow | $1,056 | $12,667 | | + Principal Reduction | $239 | $2,870 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $673 | $8,078 | | + First-Year Appreciation | $1,795 | $21,540 | | = Gross Equity Income | $3,763 | $45,154 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $269,250 | N/A | | Monthly Payment | $1,746.35 | 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 | 1.60 | | Annual Gross Rent Multiplier | 4 | | Capitalization Rate | 9.4% | | Cash on Cash Return | 12% | | Return on Investment | 36% | | Return on Investment with IIDD | 44% | | + 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. 5 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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