594 Irwin in Atlanta

Name: 594 Irwin
Brand: True Worth Property
SKU: 7890
Availability: InStock

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Project info

Object ID: 7890

Finished at	October 2020
Price, m²	From 3590$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 195.00 m²
Floors	2
Apartments	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

700,050$

Net profit

9,376$

Payback period

59.6 years

Avg property value increase per year

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About the project

594 Irwin is a new townhouse development by True Worth Property LLC currently under construction at 594 Irwin Street Northeast, Atlanta. The development is scheduled for completion in 2020

Developer

Founded in 2007, True Worth Property is an innovative leader in residential rehab, new construction, and land zoning. With a keen eye for po…
Details about True Worth Property