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2174, 4/2.5 - Single Family Rental (SFR)
Chelsea, Alabama
1 / 11
$339,900
12.4% IRR
Based on
Conventional Loan
Annual Income
$28,200
Cash Flow
$57/mo
Cap Rate
5.31%
CoC
0.66%
ROI
23.90%
5-Yr IRR
12.4%
Type
Single Family Rental (SFR)
Status
Pre-Construction
Sqft
2,174
Bed/Bath
4/2.5
Properties Available
0
Rent
$2,350
Investment Calculator
Investment Calculators
Select loan type. All estimates.
Investment Breakdown
Income
$26,790
Expenses
$26,102
Cash Flow
$688
Annual
Purchase & Revenue
Loan Details
Operating Expenses
Growth Assumptions
Year 1 Performance
Including Incentives
Cap Rate
5.31%
CoC Return
0.66%
Monthly Rent
$2,350
Cash Flow
$57/mo
Cash Needed
$103,670
Annual Cash Flow
$688
5-Year IRR
10.13%
Net Proceeds (5Y)
$152,656
DSCR
1.04
GEI ROI
20.37%
GEI ROI (w/ Tax)
28.87%
GRM
144.64
Cash Flow Projections
This proforma uses your Conventional calculator inputs. Switch calculator tabs to see proformas for different loan scenarios.
Initial Investment
$103,670
Total Cash Flow (1 yrs)
$688
Sale Proceeds (Year 1)
$68,703
Income & Expense Breakdown (Year 1)
Income
Gross Rental Income$28,200
Vacancy Loss (5%)-$1,410
Effective Gross Income$26,790
Operating Expenses
Property Tax (1.2%)$4,079
Insurance (0.25%)$850
Maintenance (2% of rent)$564
HOA Fees$984
Property Management (8%)$2,256
Total Operating Expenses$8,733
Net Operating Income (NOI)$18,057
Less: Debt Service-$17,369
Annual Cash Flow$688
Wealth Building Components
Annual Cash Flow$688
+ Principal Reduction+$3,434
+ Year 1 Appreciation+$16,995
= Gross Equity Income (GEI)$21,117
+ Tax Savings (Depreciation)+$3,659
= GEI w/Tax Savings$24,776
GEI ROI: 23.90% annual return on cash invested
Location
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