6

Multifamily

640 McDonough Boulevard

Atlanta, GA 30315

Outside buy box
8 bd4 ba4,200 sf1968Samplesample
Report
Cash flow
$217
per month
Cash-on-cash
1.3%
Cap rate
6.5%
6.1% on cost
DSCR
1.07
12.7% IRR

Where the money goes

Property tax$7,400
Insurance$3,100
Management$3,702
Repairs$3,938
Capex reserves$3,282
NOI
$40,279
Debt service
$37,677
GRM
9.4
Break-even
90.0%
Opex ratio
34.7%
$ / sqft
$148
$ / door
$155,000
Rent ratio
0.88%

Buy box

  • Cash flow$217/mo / $150/mo
  • Cash-on-cash1.3% / 8%
  • Cap rate6.5% / 6%
  • DSCR1.07 / 1.20

Price sensitivity

PriceCash flowCoCCap
-10% · $558,000$5313.5%7.2%
-5% · $589,000$3742.4%6.8%
0% · $620,000$2171.3%6.5%
+5% · $651,000$600.4%6.2%
+10% · $682,000-$97-0.5%5.9%