New Construction in Tuscaloosa
Tuscaloosa, AL 35055
4 Beds - 2 Baths - 2 Car Gar - Built in 2023
| Square Feet | 1,769 | | Purchase Price | $329,900 | | Initial Market Value | $329,900 | | Downpayment | $82,475 | | Closing Costs | $12,371 | | Initial Cash Invested | $94,846 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $1,995 | $23,940 | | Vacancy Losses | $160 | $1,915 | | Operating Income | $1,835 | $22,025 | | Operating Expenses | $381 | $4,573 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,454 | $17,452 | | - Mortgage Payments | $1,180 | $14,158 | | = Cash Flow | $275 | $3,294 | | + Principal Reduction | $364 | $4,365 | | + First-Year Appreciation | $1,650 | $19,794 | | = Gross Equity Income | $2,288 | $27,453 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.3% | | Cash on Cash Return | 3% | | Total Return on Investment | 29% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 0% |
| Comments |
|---|
| Pre-leased until May 2025. Rate available with preferred lender. |
*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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