Rental Property Analysis
4212 Crestline Avenue, Tampa, FL 33611
Buy & Hold Rental
Purchase Price
$249,900
ARV $335,000 after rehab
Monthly Cash Flow
$352/mo
before taxes, year 1
Cap Rate
7.53%
on purchase price
20-yr IRR
13.0%
incl. sale proceeds
Deal Structure
Total capital required and how it's financed. Adjust any input in the wizard and every figure updates instantly.
Capital Required
| Purchase price | $249,900 |
| Closing costs | $5,500 |
| Rehab budget | $24,000 |
| Total project cost | $279,400 |
| Financed | − $187,425 |
| Total cash required | $91,975 |
Financing — 30-yr Amortized, 75% LTV
| Loan amount | $187,425 |
| Down payment (25%) | $62,475 |
| Interest rate | 6.75% |
| Monthly payment (P&I) | $1,216 |
| Debt coverage ratio | 1.29 |
| Equity created by rehab | $61,100 |
Year-1 Operating Analysis
Income, expenses, and debt service for the first stabilized year.
Income & Cash Flow
| Gross scheduled rent | $28,740 |
| Vacancy (5%) | − $1,437 |
| Property tax | − $2,990 |
| Insurance | − $1,720 |
| Management (8%) | − $2,184 |
| Repairs & maintenance | − $1,600 |
| Net operating income | $18,809 |
| Debt service | − $14,588 |
| Cash flow before taxes | $4,221 |
Where the Income Goes
Return Metrics
Cash-on-Cash
4.59%
year-1 CFBT ÷ cash in
NPV @ 8%
$90,060
20-yr hold incl. sale
Gross Rent Multiplier
8.7
price ÷ annual rent
Operating Expense Ratio
31.1%
expenses ÷ GOI
Break-even Ratio
84.5%
(expenses + debt) ÷ GOI
Loan-to-Cost
67.1%
loan ÷ total project cost
Cash Flow Growth
Annual cash flow before taxes with rent growing 2% and expenses 2% annually. Hover any bar for the exact figure.
Equity vs. Debt Over the Hold
Investor equity builds three ways — the rehab lift at purchase, principal paydown, and 3.5% annual appreciation — while the loan balance amortizes down.
Investor equityLoan balance
10-Year Forecast
| Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6 | Yr 7 | Yr 8 | Yr 9 | Yr 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross rent | $28,740 | $29,315 | $29,901 | $30,499 | $31,109 | $31,731 | $32,366 | $33,013 | $33,673 | $34,347 |
| Operating income | $27,303 | $27,849 | $28,406 | $28,974 | $29,554 | $30,145 | $30,748 | $31,363 | $31,990 | $32,630 |
| Expenses | $8,494 | $8,664 | $8,837 | $9,014 | $9,194 | $9,378 | $9,566 | $9,757 | $9,952 | $10,151 |
| NOI | $18,809 | $19,185 | $19,569 | $19,960 | $20,359 | $20,766 | $21,182 | $21,605 | $22,037 | $22,478 |
| Debt service | $14,588 | $14,588 | $14,588 | $14,588 | $14,588 | $14,588 | $14,588 | $14,588 | $14,588 | $14,588 |
| Cash flow | $4,221 | $4,597 | $4,981 | $5,372 | $5,772 | $6,179 | $6,594 | $7,018 | $7,450 | $7,891 |
| Loan balance | $185,428 | $183,291 | $181,006 | $178,561 | $175,947 | $173,150 | $170,158 | $166,959 | $163,536 | $159,875 |
| Property value | $346,725 | $358,860 | $371,420 | $384,420 | $397,875 | $411,801 | $426,214 | $441,131 | $456,571 | $472,551 |