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1272, 3/2 - Single Family Rental (SFR)
Gardendale, Alabama
1 / 4
$286,900
10.1% IRR
Based on
Conventional Loan
Annual Income
$21,540
Cash Flow
$-73/mo
Cap Rate
4.81%
CoC
-1.00%
ROI
22.24%
5-Yr IRR
10.1%
Type
Single Family Rental (SFR)
Status
Pre-Construction
Sqft
1,272
Bed/Bath
3/2
Properties Available
1
Rent
$1,795
Investment Calculator
Investment Calculators
Select loan type. All estimates.
Investment Breakdown
Income
$20,463
Expenses
$21,335
Cash Flow
$872
Annual
Purchase & Revenue
Loan Details
Operating Expenses
Growth Assumptions
Year 1 Performance
Including Incentives
Cap Rate
4.81%
CoC Return
-1.00%
Monthly Rent
$1,795
Cash Flow
$-73/mo
Cash Needed
$87,505
Annual Cash Flow
$-872
5-Year IRR
8.53%
Net Proceeds (5Y)
$128,853
DSCR
0.94
GEI ROI
18.71%
GEI ROI (w/ Tax)
27.21%
GRM
159.83
Cash Flow Projections
This proforma uses your Conventional calculator inputs. Switch calculator tabs to see proformas for different loan scenarios.
Initial Investment
$87,505
Total Cash Flow (1 yrs)
$-872
Sale Proceeds (Year 1)
$56,538
Income & Expense Breakdown (Year 1)
Income
Gross Rental Income$21,540
Vacancy Loss (5%)-$1,077
Effective Gross Income$20,463
Operating Expenses
Property Tax (1.2%)$3,443
Insurance (0.25%)$717
Maintenance (2% of rent)$431
HOA Fees$360
Property Management (8%)$1,723
Total Operating Expenses$6,674
Net Operating Income (NOI)$13,789
Less: Debt Service-$14,661
Annual Cash Flow$-872
Wealth Building Components
Annual Cash Flow$-872
+ Principal Reduction+$2,899
+ Year 1 Appreciation+$14,345
= Gross Equity Income (GEI)$16,372
+ Tax Savings (Depreciation)+$3,088
= GEI w/Tax Savings$19,460
GEI ROI: 22.24% annual return on cash invested
Location
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