New Construction in Huntsville Metro
Madison, AL 35756
4 Beds - 2 Baths - 2 Car Garage
| Square Feet | 1,884 | | Purchase Price | $317,990 | | Initial Market Value | $317,990 | | Downpayment | $95,397 | | Closing Costs | $5,406 | | Initial Cash Invested | $100,803 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,195 | $26,340 | | Vacancy Losses | $176 | $2,107 | | Operating Income | $2,019 | $24,233 | | Operating Expenses | $519 | $6,228 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,500 | $18,005 | | - Mortgage Payments | $1,407 | $16,883 | | = Cash Flow | $93 | $1,122 | | + Principal Reduction | $207 | $2,488 | | + First-Year Appreciation | $1,590 | $19,079 | | = Gross Equity Income | $1,891 | $22,689 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.7% | | Cash on Cash Return | 1% | | Total Return on Investment | 23% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 108% |
| Comments |
|---|
| 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.
|
