New Construction in Huntsville Metro
Madison, AL 35756
4 Beds - 3 Baths - 2 Car Garage
| Square Feet | 2,108 | | Purchase Price | $350,990 | | Initial Market Value | $350,990 | | Downpayment | $105,297 | | Closing Costs | $5,967 | | Initial Cash Invested | $111,264 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,395 | $28,740 | | Vacancy Losses | $192 | $2,299 | | Operating Income | $2,203 | $26,441 | | Operating Expenses | $557 | $6,688 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,646 | $19,753 | | - Mortgage Payments | $1,553 | $18,635 | | = Cash Flow | $93 | $1,117 | | + Principal Reduction | $229 | $2,746 | | + First-Year Appreciation | $1,755 | $21,059 | | = Gross Equity Income | $2,077 | $24,923 |
| | 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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