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 |
|---|
| Gross Rent | $2,295 | $27,540 | | Vacancy Losses | $184 | $2,203 | | Operating Income | $2,111 | $25,337 | | Operating Expenses | $548 | $6,570 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,564 | $18,766 | | - Mortgage Payments | $1,494 | $17,923 | | = Cash Flow | $70 | $844 | | + Principal Reduction | $220 | $2,641 | | + First-Year Appreciation | $1,688 | $20,254 | | = Gross Equity Income | $1,978 | $23,739 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.6% | | 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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