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Property details
Beds7
Baths5
Square feet1,875
Year built1965
Property typeSingle Family
CountyDeKalb County
Proforma Turnkey End Buyer
Cash on Cash12.26%
Cap Rate9.02%
IRR28.81%
DSCR1.60x
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 | $7,019 | $84,228 |
| Vacancy | ($702) | ($8,423) |
| Property taxes | ($496) | ($5,952) |
| Insurance | ($198) | ($2,381) |
| Maintenance | ($253) | ($3,032) |
| Property management | ($1,200) | ($14,403) |
| Utilities | ($83) | ($1,000) |
| Net operating income | $2,986 | $35,837 |
| Mortgage (P&I) | ($1,868) | ($22,416) |
| Net cash flow | $1,118 | $13,421 |
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. Will be sold turnkey, mid renovation. 5 en suites and 2 shared bedrooms.