New Construction in Huntsville Metro
Huntsville, AL 35811
3 Beds - 2 Baths - 2 Car Garage
| Square Feet | 1,683 | | Purchase Price | $278,815 | | Initial Market Value | $278,815 | | Downpayment | $69,704 | | Closing Costs | $4,879 | | Initial Cash Invested | $74,583 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,250 | $27,000 | | Vacancy Losses | $180 | $2,160 | | Operating Income | $2,070 | $24,840 | | Operating Expenses | $485 | $5,821 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,585 | $19,019 | | - Mortgage Payments | $1,322 | $15,861 | | = Cash Flow | $263 | $3,158 | | + Principal Reduction | $195 | $2,337 | | + First-Year Appreciation | $1,394 | $16,729 | | = Gross Equity Income | $1,852 | $22,224 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.8% | | Cash on Cash Return | 4% | | Total Return on Investment | 30% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 108% |
| Comments |
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Photos may be representative. Furniture not included.
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*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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