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Property details
Beds8
Baths6
Square feet1,906
Year built1964
Property typeSingle Family
CountyDeKalb County
Proforma Turnkey End Buyer
Cash on Cash18.79%
Cap Rate10.81%
IRR32.27%
DSCR1.92x
ARV$384,000
Purchase & Financing
| Purchase price | $384,000 |
| Closing costs | $7,680 |
| Down payment (25%) | $96,000 |
| Loan amount | $288,000 |
| Loan points | $5,760 |
| Interest rate | 6.75% |
| Loan term | 30 years |
| Total out of pocket | $109,440 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $7,366 | $88,392 |
| Vacancy | ($737) | ($8,839) |
| Property taxes | ($496) | ($5,952) |
| Insurance | ($218) | ($2,611) |
| Maintenance | ($265) | ($3,182) |
| Property management | ($1,061) | ($12,728) |
| Utilities | ($67) | ($800) |
| Net operating income | $3,582 | $42,979 |
| Mortgage (P&I) | ($1,868) | ($22,416) |
| Net cash flow | $1,714 | $20,564 |
View full proforma & projections
Projections are based on current rent, taxes, insurance and financing assumptions and are estimates only. Verify all figures independently before investing.
About this property
This is a Co-Living Padsplit property that won’t be ready until August. It will be 5 en suites and 3 shared bathrooms.