2013 Fairbank Cir Chelsea, AL 35043
3bd, 2ba | 1,552sqft | Built in 2006
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Initial Investment
$177,524
List Price: $174,900
Purchase Price
$174,900
Down Payment
100%
Rent
$1,285

Total Return
$64,976
Annualized Return
7.1%
Cap Rate
6.0%
Gross Yield
8.8%
Cash Flow
$10,193
Appreciation
2.2%
Gross Yield
8.8%
 
Cap Rate
6.0%
 
Cash on Cash
5.7%
 
Ann. Return
7.1%
in 5 years
Initial Investment
$177,524
Purchase Price
$174,900
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$0
Est. Immediate Costs will become known during the transaction process when the inspection report comes in.
Total Return
$64,976
Appreciation
2.2%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $10,193 $10,875 $11,600 $13,559
Monthly $849 $906 $967 $1,130
Property Value in 2024
$194,891
Loan Balance
$0
Disposition Fees
-$6,821

Sale Proceeds
$188,069

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $54,430
$907/mo
$118,218
$985/mo
$279,402
$1,164/mo
$498,083
$1,384/mo
Cumulative Appreciation Gain $19,991
$51,032
$128,733
$233,158
Equity Build Up $174,900
$174,900
$174,900
$174,900
Total Investment Value $249,321
$344,150
$583,035
$906,141