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1885, 4/2.5 - Single Family Rental (SFR)
Gardendale, Alabama
1 / 10
$337,900
11.0% IRR
Based on
Conventional Loan
Annual Income
$26,340
Cash Flow
$-11/mo
Cap Rate
5.07%
CoC
-0.13%
ROI
23.10%
5-Yr IRR
11.0%
Type
Single Family Rental (SFR)
Status
Pre-Construction
Sqft
1,885
Bed/Bath
4/2.5
Properties Available
0
Rent
$2,195
Investment Calculator
Investment Calculators
Select loan type. All estimates.
Investment Breakdown
Income
$25,023
Expenses
$25,161
Cash Flow
$138
Annual
Purchase & Revenue
Loan Details
Operating Expenses
Growth Assumptions
Year 1 Performance
Including Incentives
Cap Rate
5.07%
CoC Return
-0.13%
Monthly Rent
$2,195
Cash Flow
$-11/mo
Cash Needed
$103,060
Annual Cash Flow
$-138
5-Year IRR
9.33%
Net Proceeds (5Y)
$151,758
DSCR
0.99
GEI ROI
19.57%
GEI ROI (w/ Tax)
28.08%
GRM
153.94
Cash Flow Projections
This proforma uses your Conventional calculator inputs. Switch calculator tabs to see proformas for different loan scenarios.
Initial Investment
$103,060
Total Cash Flow (1 yrs)
$-138
Sale Proceeds (Year 1)
$67,477
Income & Expense Breakdown (Year 1)
Income
Gross Rental Income$26,340
Vacancy Loss (5%)-$1,317
Effective Gross Income$25,023
Operating Expenses
Property Tax (1.2%)$4,055
Insurance (0.25%)$845
Maintenance (2% of rent)$527
HOA Fees$360
Property Management (8%)$2,107
Total Operating Expenses$7,894
Net Operating Income (NOI)$17,129
Less: Debt Service-$17,267
Annual Cash Flow$-138
Wealth Building Components
Annual Cash Flow$-138
+ Principal Reduction+$3,414
+ Year 1 Appreciation+$16,895
= Gross Equity Income (GEI)$20,171
+ Tax Savings (Depreciation)+$3,637
= GEI w/Tax Savings$23,808
GEI ROI: 23.10% annual return on cash invested
Location
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