New Construction in Huntsville Metro
Madison, AL 35756
4 Beds - 3 Baths - 2 Car Garage
Square Feet | 2,108 | Purchase Price | $337,565 | Initial Market Value | $337,565 | Downpayment | $101,270 | Closing Costs | $5,739 | Initial Cash Invested | $107,008 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $2,495 | $29,940 | Vacancy Losses | $200 | $2,395 | Operating Income | $2,295 | $27,545 | Operating Expenses | $552 | $6,618 |
Net Performance | Monthly | Annual |
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Net Operating Income | $1,744 | $20,926 | - Mortgage Payments | $1,494 | $17,923 | = Cash Flow | $250 | $3,004 | + Principal Reduction | $220 | $2,641 | + First-Year Appreciation | $1,688 | $20,254 | = Gross Equity Income | $2,158 | $25,899 |
| Financial Indicators | |
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Capitalization Rate | 6.2% | Cash on Cash Return | 3% | Total Return on Investment | 24% |
Assumptions | |
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Real Estate Appreciation Rate | 6% | Vacancy Rate | 8% | Management Fee | 108% |
Comments |
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Photos may be representative. Furniture not included. | *Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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