New Construction in Huntsville Metro
Huntsville, AL 35811
4 Beds - 2 Baths - 2 Car Garage
| Square Feet | 1,558 | | Purchase Price | $279,900 | | Initial Market Value | $279,900 | | Downpayment | $69,975 | | Closing Costs | $4,898 | | Initial Cash Invested | $74,873 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,125 | $25,500 | | Vacancy Losses | $170 | $2,040 | | Operating Income | $1,955 | $23,460 | | Operating Expenses | $476 | $5,717 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,479 | $17,743 | | - Mortgage Payments | $1,327 | $15,922 | | = Cash Flow | $152 | $1,821 | | + Principal Reduction | $196 | $2,346 | | + First-Year Appreciation | $1,400 | $16,794 | | = Gross Equity Income | $1,747 | $20,961 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.3% | | Cash on Cash Return | 2% | | Total Return on Investment | 28% |
| 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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