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1891, 4/2 - Single Family Rental (SFR)
Calera, Alabama
1 / 4
$319,900
10.1% IRR
Based on
Conventional Loan
Annual Income
$23,940
Cash Flow
$-88/mo
Cap Rate
4.78%
CoC
-1.08%
ROI
22.15%
5-Yr IRR
10.1%
Type
Single Family Rental (SFR)
Status
N/A
Sqft
1,891
Bed/Bath
4/2
Properties Available
0
Rent
$1,995
Investment Calculator
Investment Calculators
Select loan type. All estimates.
Investment Breakdown
Income
$22,743
Expenses
$23,800
Cash Flow
$1,057
Annual
Purchase & Revenue
Loan Details
Operating Expenses
Growth Assumptions
Year 1 Performance
Including Incentives
Cap Rate
4.78%
CoC Return
-1.08%
Monthly Rent
$1,995
Cash Flow
$-88/mo
Cash Needed
$97,570
Annual Cash Flow
$-1,057
5-Year IRR
8.45%
Net Proceeds (5Y)
$143,674
DSCR
0.94
GEI ROI
18.62%
GEI ROI (w/ Tax)
27.13%
GRM
160.35
Cash Flow Projections
This proforma uses your Conventional calculator inputs. Switch calculator tabs to see proformas for different loan scenarios.
Initial Investment
$97,570
Total Cash Flow (1 yrs)
$-1,057
Sale Proceeds (Year 1)
$62,956
Income & Expense Breakdown (Year 1)
Income
Gross Rental Income$23,940
Vacancy Loss (5%)-$1,197
Effective Gross Income$22,743
Operating Expenses
Property Tax (1.2%)$3,839
Insurance (0.25%)$800
Maintenance (2% of rent)$479
HOA Fees$420
Property Management (8%)$1,915
Total Operating Expenses$7,453
Net Operating Income (NOI)$15,290
Less: Debt Service-$16,347
Annual Cash Flow$-1,057
Wealth Building Components
Annual Cash Flow$-1,057
+ Principal Reduction+$3,232
+ Year 1 Appreciation+$15,995
= Gross Equity Income (GEI)$18,170
+ Tax Savings (Depreciation)+$3,443
= GEI w/Tax Savings$21,614
GEI ROI: 22.15% annual return on cash invested
Location
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