New Construction in Huntsville Metro
Madison, AL 35756
4 Beds - 3 Baths - 3 Car Garage
| Square Feet | 2,377 | | Purchase Price | $379,990 | | Initial Market Value | $379,990 | | Downpayment | $113,997 | | Closing Costs | $6,460 | | Initial Cash Invested | $120,457 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,550 | $30,600 | | Vacancy Losses | $204 | $2,448 | | Operating Income | $2,346 | $28,152 | | Operating Expenses | $591 | $7,088 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,755 | $21,064 | | - Mortgage Payments | $1,681 | $20,175 | | = Cash Flow | $74 | $889 | | + Principal Reduction | $248 | $2,973 | | + First-Year Appreciation | $1,900 | $22,799 | | = Gross Equity Income | $2,222 | $26,662 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.5% | | Cash on Cash Return | 1% | | Total Return on Investment | 22% |
| Assumptions | |
|---|
| 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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