BuyBox
640 McDonough Boulevard
Atlanta, GA 30315 ยท Multifamily
6
Cash flow
$217/mo
Cash-on-cash
1.3%
Cap rate
6.5%
DSCR
1.07
Assumptions
- Purchase
- $620,000
- ARV
- $690,000
- Rehab
- $28,000
- Rent
- $5,470
- Vacancy
- 6%
- Taxes
- $7,400
- Insurance
- $3,100
- NOI
- $40,279
- Loan
- $465,000
- Payment
- $3,140
- Cash invested
- $196,900
- Buy box
- Does not meet
Projection
| Year | Cash flow | Equity | IRR if sold |
|---|---|---|---|
| 1 | $2,603 | $253,378 | 8.3% |
| 2 | $3,916 | $282,890 | 11.7% |
| 3 | $5,271 | $313,591 | 12.6% |
| 4 | $6,668 | $345,537 | 12.9% |
| 5 | $8,110 | $378,785 | 13.0% |
| 6 | $9,597 | $413,399 | 13.0% |
| 7 | $11,132 | $449,443 | 12.9% |
| 8 | $12,714 | $486,988 | 12.9% |
| 9 | $14,346 | $526,106 | 12.8% |
| 10 | $16,030 | $566,874 | 12.7% |