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1618, 3/2 - Single Family Rental (SFR)
Calera, Alabama
1 / 9
$289,900
11.8% IRR
Based on
Conventional Loan
Annual Income
$23,400
Cash Flow
$40/mo
Cap Rate
5.27%
CoC
0.54%
ROI
23.77%
5-Yr IRR
11.8%
Type
Single Family Rental (SFR)
Status
N/A
Sqft
1,618
Bed/Bath
3/2
Properties Available
0
Rent
$1,950
Investment Calculator
Investment Calculators
Select loan type. All estimates.
Investment Breakdown
Income
$22,230
Expenses
$21,754
Cash Flow
$476
Annual
Purchase & Revenue
Loan Details
Operating Expenses
Growth Assumptions
Year 1 Performance
Including Incentives
Cap Rate
5.27%
CoC Return
0.54%
Monthly Rent
$1,950
Cash Flow
$40/mo
Cash Needed
$88,420
Annual Cash Flow
$476
5-Year IRR
9.97%
Net Proceeds (5Y)
$130,200
DSCR
1.03
GEI ROI
20.24%
GEI ROI (w/ Tax)
28.75%
GRM
148.67
Cash Flow Projections
This proforma uses your Conventional calculator inputs. Switch calculator tabs to see proformas for different loan scenarios.
Initial Investment
$88,420
Total Cash Flow (1 yrs)
$476
Sale Proceeds (Year 1)
$58,486
Income & Expense Breakdown (Year 1)
Income
Gross Rental Income$23,400
Vacancy Loss (5%)-$1,170
Effective Gross Income$22,230
Operating Expenses
Property Tax (1.2%)$3,479
Insurance (0.25%)$725
Maintenance (2% of rent)$468
HOA Fees$396
Property Management (8%)$1,872
Total Operating Expenses$6,940
Net Operating Income (NOI)$15,290
Less: Debt Service-$14,814
Annual Cash Flow$476
Wealth Building Components
Annual Cash Flow$476
+ Principal Reduction+$2,929
+ Year 1 Appreciation+$14,495
= Gross Equity Income (GEI)$17,900
+ Tax Savings (Depreciation)+$3,120
= GEI w/Tax Savings$21,021
GEI ROI: 23.77% annual return on cash invested
Location
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