Browse Properties
Off-Market Opportunity in Atlanta MSA
Riverdale, GA 30274
Off-Market Opportunity in Atlanta MSA
Riverdale, GA 30274
6.3%
Year 1 Cap Rate$272,111
10 yr cash flow10.24%
10 yr IRRDetails
- Lot size30,000
- Rentable Sq.Ft1,641
- $/Rentable Sq.Ft$116
- Monthly rent$1,595
- Safety deposit$1,595
- Estimated reserve$3,500
- Lease start2025-03-01
- Lease end2026-02-28
- HOANo
- Flood zoneNo
- Exclusive off-market opportunity
- Prime location: within an hour's drive of most Fortune 500 headquarters in Atlanta
- Significant renovation potential for added value
Log in to download public documents
Neighborhood
Niche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
Riverdale, 30274
Cost Of Living
Good For Families
Good For Young Professionals
Housing
Jobs
Public Schools
Weather
Powered by 
Financials
| Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
|---|---|---|---|---|---|
| Rental revenue | $19,140 | $19,906 | $20,702 | $22,391 | $27,242 |
| Vacancy & Collection Loss | ($957) | ($995) | ($1,035) | ($1,120) | ($1,362) |
| Operating revenues | $18,183 | $18,911 | $19,667 | $21,271 | $25,880 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| HOA fees | ($0) | ($0) | ($0) | ($0) | ($0) |
| Insurance | ($1,055) | ($1,087) | ($1,119) | ($1,187) | ($1,376) |
| Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
| Leasing Fee | ($319) | ($332) | ($345) | ($373) | ($454) |
| Property management | ($1,020) | ($1,020) | ($1,020) | ($1,064) | ($1,294) |
| Real estate taxes | ($2,843) | ($2,923) | ($3,010) | ($3,194) | ($3,702) |
| Repairs and maintenance | ($957) | ($995) | ($1,035) | ($1,120) | ($1,362) |
| Operating expenses | ($6,194) | ($6,357) | ($6,529) | ($6,938) | ($8,188) |
| Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Operating revenues | $18,183 | $18,911 | $19,667 | $21,271 | $25,880 |
| Operating expenses | ($6,194) | ($6,357) | ($6,529) | ($6,938) | ($8,188) |
| Net Operating Income | $11,989 | $12,554 | $13,138 | $14,333 | $17,692 |
| Cap Rate | 6.3% | 6.6% | 6.9% | 7.5% | 9.3% |
| Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| SHARE management | ($1,443) | ($1,486) | ($1,531) | ($1,624) | ($1,883) |
| Mortgage payments | $0 | $0 | $0 | $0 | $0 |
| Other income & expenses | ($1,443) | ($1,486) | ($1,531) | ($1,624) | ($1,883) |
| Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Cash flow | $10,546 | $11,068 | $11,607 | $12,709 | $15,809 |
| Cash yield | 5.0% | 5.3% | 5.6% | 6.1% | 7.6% |
Acquisition Equity
| Down payment | ($190,000) | |||
|---|---|---|---|---|
| Title insurance | ($2,850) | |||
| Debt costs | ||||
| Acquisition fee | ($7,500) | |||
| Home Buyer Inspection | ($1,000) | |||
| Leasing Fee | ($2,393) | |||
| Reserves | ($3,500) | |||
| Stabilization costs | ($1,606) | |||
| Total | ($208,849) | |||
Disposition Proceeds
| Estimated sale price | $361,112 | |||
|---|---|---|---|---|
| Disposition fee | ($3,611) | |||
| Other disposition costs | ($7,222) | |||
| Year 10 mortgage balance | ($0) | |||
| Total | $350,279 | |||
