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1776, 4/2 - Single Family Rental (SFR)
Athens, Alabama
1 / 11
$270,900
12.1% IRR
Based on
Conventional Loan
Annual Income
$22,200
Cash Flow
$67/mo
Cap Rate
5.40%
CoC
0.97%
ROI
24.20%
5-Yr IRR
12.1%
Type
Single Family Rental (SFR)
Status
N/A
Sqft
1,776
Bed/Bath
4/2
Properties Available
0
Rent
$1,850
Investment Calculator
Investment Calculators
Select loan type. All estimates.
Investment Breakdown
Income
$21,090
Expenses
$20,291
Cash Flow
$799
Annual
Purchase & Revenue
Loan Details
Operating Expenses
Growth Assumptions
Year 1 Performance
Including Incentives
Cap Rate
5.40%
CoC Return
0.97%
Monthly Rent
$1,850
Cash Flow
$67/mo
Cash Needed
$82,625
Annual Cash Flow
$799
5-Year IRR
10.36%
Net Proceeds (5Y)
$121,667
DSCR
1.06
GEI ROI
20.67%
GEI ROI (w/ Tax)
29.18%
GRM
146.43
Cash Flow Projections
This proforma uses your Conventional calculator inputs. Switch calculator tabs to see proformas for different loan scenarios.
Initial Investment
$82,625
Total Cash Flow (1 yrs)
$799
Sale Proceeds (Year 1)
$55,007
Income & Expense Breakdown (Year 1)
Income
Gross Rental Income$22,200
Vacancy Loss (5%)-$1,110
Effective Gross Income$21,090
Operating Expenses
Property Tax (1.2%)$3,251
Insurance (0.25%)$677
Maintenance (2% of rent)$444
HOA Fees$300
Property Management (8%)$1,776
Total Operating Expenses$6,448
Net Operating Income (NOI)$14,642
Less: Debt Service-$13,843
Annual Cash Flow$799
Wealth Building Components
Annual Cash Flow$799
+ Principal Reduction+$2,737
+ Year 1 Appreciation+$13,545
= Gross Equity Income (GEI)$17,081
+ Tax Savings (Depreciation)+$2,916
= GEI w/Tax Savings$19,997
GEI ROI: 24.20% annual return on cash invested
Location
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